Marcus & Millichap facilitated the sale of 3545 Vernon Avenue, a nine-unit apartment property located in Brookfield, Illinois, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. The asset, which features long-term ownership and a strong unit mix, sold for $910,000.
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, a private investor. The buyer, a private investor, was secured and represented by Christopher Malay, associate, and Bell in Marcus & Millichap’s Chicago Oak Brook office.