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MidwestCRE

Marcus & Millichap sells 20-unit apartment complex in Highland Park

markt April 5, 2017
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Marcus & Millichap Real Estate Investment Services, has announced the sale of 1660 Green Bay Road, a 20-unit Apartment property located in Highland Park, Ill. The asset commanded a sales price of $1.95 million.

Ryan D. Engle, Andrean Angelov and Adam Fortino, investment specialists in Marcus & Millichap’s Oak Brook office, had the exclusive listing to market the property on behalf of the seller, an individual. The buyer, a Limited Liability Company, was also secured and represented by Ryan D. Engle, Andrean Angelov and Adam Fortino.

Through their efforts, Ryan, Andrean and Adam held 24 property showings during the first 11 days of marketing, yielding seven offers to purchase and resulting in a swift closing at near list price.

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