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19 Unit Chicago Apartment Building Changes Hands
Marcus & Millichap announced today the sale of 6820 South Perry Avenue, a 19-unit apartment property located in Chicago, IL. Joseph Powers, regional manager of the firm’s Chicago Downtown office, said the property sold for $1,325,000.
James Ziegler and Keith Zelenika, investment specialists in Marcus & Millichap’s Chicago Downtown office, had the exclusive listing to market the property on behalf of the seller, a local private investor. The buyer, a Michigan-based private investor, was secured and represented by Ziegler and Zelenika.
6820 South Perry Avenue is located in the Greater Grand Crossing neighborhood . The property’s well-maintained 19-unit building was constructed in 1926, and the unit mix consists of all two-bedroom, one-bathroom units with very large unit layouts.
- ◦Sale/Acquisition
