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Blue Island Apartments Sell Above Asking Price
Marcus & Millichap closed on the sale of Islander Apartments, a 84-unit apartment property in the Cook County suburb of Blue Island, IL. The property traded for $5,825,000.
Randolph Taylor, an investment specialist in Marcus & Millichap’s Chicago Oak Brook office, marketed the property on behalf of the seller, an individual/personal trust. The buyer, also an individual/personal trust, was secured and represented by Kellan Moll, Mitchell Loofburrow and Scott Morasch, all of Marcus & Millichap’s Seattle office.
Islander Apartments is located at 1900 Broadway St. in Blue Island. Multiple offers were generated and the property sold for above list price.
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- ◦Sale/Acquisition

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