Marcus & Millichap Real Estate Investment Services has completed the sale of , an 18 unit apartment property located in Chicago. The asset commanded a sales price of $350,000.
Anthony Hardy, investment specialist in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, an individual/personal trust. The buyer, a private investor, was secured and represented by Ryan Engle, an investment specialist in Marcus & Millichap’s Chicago Oak Brook office.
The property at 8005 S. Ingleside Ave. is located in the Avalon Park neighborhood of Chicago. The property consists of seven studio/one-bathroom, 10 one-bedroom/one-bathroom units and one two-bedroom/one-bathroom units measuring approximately 700 and 800 square feet respectively. This asset has undergone many recent capital improvements including: updated electric, kitchens, baths, newer windows and rear porches.
