Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Real Estate Awards
  • Subscribe
  • Publications
IllinoisStudent Housing

Two student housing apartment buildings in Normal, IL sell for $2.5 million

November 13, 2020
Share on Facebook Share on Twitter Share on LinkedIn Share via email
911 Franklin Avenue in Normal, Illinois

Marcus & Millichap brokered the sale of Kingsley Commons and The Franklins, a 56-unit apartment property located in Normal, Illinois, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. The assets sold for $2,575,000.

Eric P. Bell, senior managing director, and Mitchell Kiven, senior associate, and investment specialists in Marcus & Millichap’s Chicago Oak Brook and Chicago Downtown offices, respectively, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a limited liability company, was secured and represented by Bell and Kiven.

Located at 907 Market Street and 809 – 911 Franklin Avenue in Normal, the buildings are Illinois State University student housing within walking distance to class. The buildings are well-maintained with recent capital improvements and on-site laundry facilities.

Tags
Marcus & MillichapNormal
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
IllinoisIndustrial

Backlog blues in Chicago? That’s what Newmark is saying

Mia GoulartJuly 5, 2022
MichiganIndustrial

Newmark closes 741,923-square-foot industrial lease in Detroit suburb

July 5, 2022
IowaIndustrial

Minneapolis’ Endeavor Development building first phase of distribution center in Iowa

July 5, 2022
KansasSeniors Housing

Tutera Senior Living wraps $6.5 million renovation at Kansas seniors living community

July 5, 2022

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Office Locations
  • Advertise/Editorial Calendar
© 2022 REjournals.com