Marcus & Millichap Real Estate Investment Services has sold a four-unit apartment property located in Chicago. The asset commanded a sales price of $590,000.
Kyle Stengle and Joseph Bergman, investment specialists in Marcus & Millichap’s Chicago downtown office, had the exclusive listing to market the property on behalf of the seller, a private investor; the buyer, a limited liability company, was also secured and represented by Stengle and Bergman.
The asset is located at 1761 W. Augusta Boulevard and includes a vacant storefront and four one-bedroom, one-bath apartments on the second and third floors. There is a fully rented three stall garage in the rear of the property.
