Marcus & Millichap Real Estate Investment Services has completed the sale of 729 Strom Drive, a 12-unit apartment property located in West Dundee. The asset sold for $818,750.
Ryan Engle and Andrean Angelov, 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 also secured and represented by Engle and Angelov.
729 Strom Drive sold in 15 days at 93.6 percent of its original list price. The property consists of two one-bedroom/one-bathroom units and 10 two-bedroom/one-bathroom units. Recent capital improvements include: newer balconies and six updated bathrooms.