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Investor Purchases 59-Unit Condo Complex in Waukegan

Investor Purchases 59-Unit Condo Complex in Waukegan

Marcus & Millichap recently completed the sale of a 59-unit condo complex in Waukegan, Illinois. The property, known as Onan Senior Suites, is part of a larger building with a total of 96 units.

The transaction was facilitated by Ryan Engle and Andrean Angelov from Marcus & Millichap’s Chicago Oak Brook office. They represented the seller, a private investor, and also secured the buyer – another private investor.

Onan Senior Suites is conveniently located at 3305 Sunset Avenue and is just five miles away from the Waukegan Metra station. Originally built in 1997, this property offers various amenities such as an elegant lobby with pool table and grand piano for entertainment purposes; an indoor swimming pool; fitness room; library; underground heated parking options along with detached garage parking spaces or off-street parking for residents’ convenience.

This recent acquisition showcases Marcus & Millichap’s expertise in facilitating successful real estate transactions for their clients.

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