Marcus & Millichap closed the sale of a three-unit apartment property located in Chicago, according to David G. Bradley, regional manager of the firm’s Chicago Downtown office. Located in Chicago’s West Town neighborhood, the asset sold for $1,035,000.
Ian Luscombe, an associate, and James Ziegler, a first vice president investments, in Marcus & Millichap’s Chicago Downtown office, exclusively marketed the property on behalf of the seller. The property, built in 1995, is located at 1528 W. Chestnut Street and features large layouts, a fireplace in each unit, one parking space per unit and an on-site laundry facility.