Marcus & Millichap successfully closed the sale of an 18-unit apartment building portfolio located in Chicago Heights, IL for $1,265,000. Eric Bell and Jordan Callaway from Marcus & Millichap’s Chicago Oak Brook office marketed the property on behalf of a Chicagoland-based private investor. The portfolio includes three properties that are fully occupied: 62-64 W. 15th St., 148 W. 14th St., both in Chicago Heights; as well as 3020 and 3022 Jackson Ave., South Chicago Heights – all featuring large units with six garage spaces and tenant paid utilities.

Energy Shocks and Rising Oil Prices Squeeze Commercial Real Estate Occupiers
Energy market turbulence is increasingly shaping how commercial real estate occupiers manage their space, budgets and long-term plans. As oil

