Multifamily N Illinois

Goldbay Advisors brokers sale of Des Plaines multifamily property

Goldbay Advisors brokers sale of Des Plaines multifamily property,ph1

Goldbay Advisors Inc. has closed the sale of a 16-unit apartment building located in Des Plaines, Illinois. Alexander Stoyanov, managing partner, represented the seller and Jonathan Gil, managing partner, represented the buyer in the transaction. The building sold for $1,380,000.

The property, located at 175 S. River Road, Des Plaines, Illinois, was 100 percent occupied at the time of sale. All 16 units are comprised of one bedroom and one full bathroom. Recent improvements include fully remodeled units with vinyl plank flooring, bathroom upgrades with tile surround, new cabinets, stainless appliances and granite counters.