Multifamily N Illinois

Marcus & Millichap arranges sale of three-building apartment portfolio

444 E. Glenwood Dyer Road, Glenwood, Illinois. 444 E. Glenwood Dyer Road, Glenwood, Illinois.
452 E. Glenwood Dyer Road, Glenwood, Illinois. 452 E. Glenwood Dyer Road, Glenwood, Illinois.
447 E. 192nd Street, Glenwood, Illinois. 447 E. 192nd Street, Glenwood, Illinois.

Marcus & Millichap facilitated the sale of the Glenwood Multifamily Portfolio, a three-property portfolio located in Glenwood, Illinois. The portfolio sold for a total of $796,000.

Anthony Hardy, a senior associate, Thomas Heitzman, an associate, and Jordan Goodman, an associate in Marcus & Millichap’s Chicago Downtown office, along with Jeff R. Rowlett and Matt Fitzgerald, senior vice presidents in the firm’s Milwaukee office, represented the seller in this transaction.   

The portfolio consists of three properties located in Glenwood, Illinois: 444 E. Glenwood Dyer Road, 452 E. Glenwood Dyer Road and 447 E. 192nd Street. Each building contains six units, for a total of 18 units in the portfolio. The three properties, within walking distance of each other, are located within a five-minute drive to Interstate 394 and an eight-minute drive to Interstates 94 and 294.