Connect Midwest: Multifamily Adaptive & Reuse Trends – Chicago June 13

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Chicago & Midwest  + Greater Chicagoland  + Apartments  | 

Cicero Apartments Find Buyer a Week After Listing

Monarch Realty Partners, a Chicago-based multifamily brokerage firm, has negotiated the $2.375-million sale of a 38-unit apartment building in Cicero, IL. Located at 1930 S Cicero Ave., the property consisted of one- and two-bedroom units and had recently undergone several capital improvements.

Senior director Robert Berman and principal Michael Anguiano represented the seller, a private out-of-state investor.

“We were able to procure a qualified buyer within one week of listing the asset following a targeted marketing campaign,” said Berman.


Inside The Story

Monarch Realty Partners

About Paul Bubny

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. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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