Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of a 19-unit apartment property located in Chicago, IL, according to Stephen K. Rachman, regional manager of the firm’s Chicago O’Hare office. The asset sold for $2,707,000. Steve Livaditis, Vice President Investments and Joseph Scheck an Investment Specialist in Marcus & Millichap’s Chicago O’Hare office, had the exclusive listing to market the property on behalf of a long time property owner. The buyer, a local investor, was also secured and sourced by Steve Livaditis and Joseph Scheck. Within the first week of marketing, the listing agents generated 14 property tours and 6 Offers. The property closed within 30 days from execution of the contract. The property is located at 900 West Sunnyside Avenue in Chicago’s Uptown neighborhood.
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