M&M ARRANGES $1.2M SALE OF 21-UNIT APARTMENT BUILDING

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RIVERSIDE, ILL. — Marcus & Millichap has arranged the $1.2 million sale of Riverside Apartments, a 21-unit apartment property in Riverside, a western suburb of Chicago. Jim Walsh, James Clough and Joseph Smazal, investment specialists in Marcus & Millichap’s downtown Chicago office, marketed the property on behalf of the seller, a long-term property owner trust. Andrean Angelov and Ryan D. Engle, investment specialists in Marcus & Millichap’s Chicago Oak Brook office represented the buyer, a local investor. Built in 1927, Riverside Apartments is located at 3408-3412 S. Harlem Ave. and includes nine garages and 18 parking spaces.

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