Marcus & Millichap recently completed the sale of a 30-unit multifamily property in Alsip, Illinois. The building, located at 3700 West 119th Street, was sold by a private investor and acquired by another private investor. Ryan Engle, Andrean Angelov, and Zack Mahoney from the firm’s Oak Brook office were responsible for marketing the property on behalf of the seller.
Conveniently situated in Cook County’s village of Alsip, this property offers easy access to Interstate 294 and Interstate 57 as well as Route 50. Built in1968,the building consists mostly of two-bedroom units and features amenities such as designated tenant storage areas and an on-site laundry facility. Additionally,it is within walking distance to a PACE bus stop,and surrounded by various dining optionsand retail destinations.The ample off-street parking adds further appeal to this investment opportunity.
