Multifamily N Illinois

A 48-unit apartment property in Naperville sells for $4.6 million

A 48-unit apartment property in Naperville sells for 4.6 million,ph1

Marcus & Millichap closed the sale of Maple Court Apartments, a 48-unit apartment property located in Naperville, Illinois. The asset, which sold for $4,600,000, is located at 1135 W. Ogden Avenue, a strong location with limited turnover making units in high demand.

Eric P. Bell, senior managing director investments, in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller.  The buyer was secured and represented by Andrean Angelov, first vice president investments, and Ryan D. Engle, senior vice president investments, in Marcus & Millichap’s Chicago Oak Brook office.