Marcus & Millichap facilitated the sale of 7300 S. May St. and 7800 S. Throop St., two multifamily properties totaling 18 units in Chicago, Illinois.
Quentin Benedetto, Kyle Stengle and Jack Stanton, investment specialists in Marcus & Millichap’s Chicago Downtown office, had the exclusive listing to market the property on behalf of the seller, Badu Investments LLC, and procured the buyer, AT Holdings LLC, an out-of-state investor, looking to expand his South Side, value-add portfolio.
The properties include a mix of one- and two-bedroom units in Chicago’s Auburn Gresham and Englewood neighborhoods. The 6,480-square-foot property at 7300 S. May St. was built in 1924, while the 8,400-square-foot property at 7800 S. Throop St. dates to 1929. Both are within walking distance of Metra train stations and major CTA bus routes, providing convenient access to downtown Chicago.
