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IllinoisMultifamily

Marcus & Millichap negotiates sale of 69-unit apartment and retail property in Algonquin

April 2, 2025
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Photo courtesy of Marcus & Millichap.

Marcus & Millichap brokered the sale of ReNew on Main, a 69-unit apartment and retail property in Algonquin, Illinois. 

Jordan Callaway and Eric Bell, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller and procured the buyer.  

Situated on 1.6 acres at 1 N. Main St., ReNew on Main is within walking distance of local businesses, restaurants, and retail options. The property includes 21 one-bedroom and 42 two-bedroom apartments, along with 10,221 square feet of retail space across 6 units. Amenities feature a club room, an event room with a full kitchen, a fitness center and a private plaza. 

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