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California Buyer Picks Up Garfield Ridge Apartments
A Marcus &Millichap team of Christopher Malay and Eric P. Bell closed on the sale of 5701 W. 55th St., a six-unit apartment property in Garfield Ridge, a southwest neighborhood of Chicago. The property sold for $662,500, or 98% of the list price.
Malay and Bell, both based in Marcus & Millichap’s Chicago Oak Brook office, marketed the property on behalf of the seller, a private investor. The buyer, a private California investor, was secured and represented by Malay and Bell.
5701 W.55th St. features condo-quality units, a newer roof and windows, copper plumbing and five income producing garage spaces, according to Marcus & Millichap.
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- ◦Sale/Acquisition


