Multifamily N Illinois

Marcus & Millichap arranges sale of 24-unit Forest Park property

Marcus & Millichap arranges sale of 24-unit Forest Park property,ph1

Marcus & Millichap facilitated the sale of 8280-8290 Roosevelt Road, a 24-unit apartment property located in Forest Park, Illinois. Andrean Angelov, first vice president investments, Ryan D. Engle, senior vice president investments, and Samuel M. Antreasian, an associate, in Marcus & Millichap’s Chicago Oak Brook office, exclusively marketed the property on behalf of the seller and also represented the buyer.

8280-8290 Roosevelt Road is located approximately four blocks south of Interstate 290 and half a mile east from the Loyola University medical campus and Edward Hines Jr. VA Hospital. The property consists of four six-unit buildings with a unit mix comprised of 12 one-bedroom/one-bathroom units and 12 two-bedroom/one-bathroom units. The property features ample off-street parking and on-site laundry facilities.