Marcus & Millichap has arranged the sale of 1528 W. Chestnut St., a three-unit apartment property in the West Side’s West Town neighborhood. The asset sold for $1,035,000.
Ian Luscombe and James Ziegler of Marcus & Millichap’s Chicago Downtown office marketed the property on behalf of the undisclosed seller.
The property was built in 1995. Two of the units are three-bedroom; the third is a four-bedroom duplex. Each unit includes a fireplace, and there is an on-site laundry facility.
West Town is reportedly among the city’s fastest-growing neighborhoods. 1528 W. Chestnut itself is less than 0.7 miles from the CTA Blue Line and convenient to the Kennedy Expressway, according to Realtor.com.
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Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism.
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