Multifamily N Illinois

Fox Lake apartment property sells for $750,000

Fox Lake apartment property sells for 750,000,ph1

Marcus & Millichap announced the sale of Canterbury Court Apartments, a 12-unit apartment property located in Fox Lake, Illinois, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. The asset sold for $750,000.

Andrean Angelov, first vice president investments, Ryan D. Engle, senior vice president investments, and Timothy B. Stephenson Jr., an associate, in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller and also represented the buyer.

Canterbury Court Apartments is located at 267 E. Grand Avenue in close proximity to Fox Lake Public Library, Grant Community High School and Fox Lake Town Center. The property is comprised of three adjacent four-unit buildings, each comprised of four two-bedroom/one-bathroom units. The property features ample off-street parking, one storage space per unit and an on-site laundry facility.