Home›Real Estate›Residential›Marcus & Millichap facilitates sale of 134-unit Illino…

Marcus & Millichap facilitates sale of 134-unit Illinois multifamily portfolio

The five-building portfolio spans Berwyn and Maywood, Illinois, and includes 36 studios, 77 one-bedrooms, 20 two-bedrooms, and one office suite.

Reported · Written up by our desk · Residential

Marcus & Millichap announced it arranged the sale of a 134-unit multifamily portfolio in Berwyn and Maywood, Illinois, according to ConnectCRE.

The portfolio comprises five apartment buildings, and its unit mix totals 36 studios, 77 one-bedrooms, 20 two-bedrooms, and one office suite.

ConnectCRE said the transaction points to ongoing investor interest in western Cook County for multifamily assets, citing suburban fundamentals and access to Chicago.

The brokerage identified Sam Antreasian, along with investment specialists Ryan D. Engle and Andrean Angelov in its Chicago Oak Brook office, as the team that procured the buyer, a private local investor.

More like this

Sources