Marcus & Millichap brokered the sale of 59 condominium units from Onan Senior Suites, a building that consists of a total of 96 condominium units, in Waukegan, Illinois.
Ryan Engle, Senior Managing Director, Andrean Angelov, Senior Vice President, and Jake Lenti, Associate, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was secured and represented by Engle and Angelov.
Onan Senior Suites is located at 3305 Sunset Ave. in Waukegan. The property has convenient access to Route 131 and Route 41 and is five miles from the Waukegan Metra station.
Originally built in 1997, the property is comprised of 59 one-bedroom and two-bedroom units out of a total of 96 condominium units. Residents have access to a variety of amenities, including a lobby with a pool table and a grand piano, an indoor swimming pool, a fitness room, a library, a 1950s-inspired entertainment room, and an outdoor patio area.
Additional amenities include an elevator, storage spaces for tenant use, and an on-site laundry facility. The property features many parking options including underground heated parking, detached garage parking, and off-street parking.
