Marcus & Millichap, a leading real estate investment firm, recently facilitated the sale of an eight-unit apartment complex in New Lenox, Illinois. The property was marketed by Ryan Engle, Andrean Angelov, and Zack Mahoney from the firm’s Chicago Oak Brook office on behalf of a private investor. The buyer was also a private investor and was represented by Engle and Angelov.
The multifamily building is situated at 1010 Shagbark Road with easy access to Interstate 80 as well as Route 52 and Route 30. It is conveniently located just two miles away from the Laraway Road Metra station surrounded by various local and national retail stores and dining options.
This property falls under New Lenox School District 122. Originally constructed in 1977, it offers fully renovated two-bedroom units equipped with modern amenities such as an in-unit washer/dryer set-up, patio or balcony space for each unit along with new windows/door trims plus updated bathroom vanities/fixtures.
The sale of this prime apartment building marks another successful transaction arranged by Marcus & Millichap’s expert team without any involvement from Connect CRE or its affiliates based out of Los Angeles or Texas.
