Crest Hill Apartments Trade to Private Buyer
Marcus & Millichap closed the sale of 1400, 1412, 1424, 1436 & 1500 Pioneer Rd., a 65-unit apartment property located in Crest Hill, IL, within Will County. Terms of the sale weren’t disclosed.
SVP Andrean Angelov, senior managing director Ryan D. Engle and associate Zack Mahoney, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, marketed the property on behalf of the seller, a private investor. The buyer, a private investor, was secured and represented by Angelov and Engle. 1400, 1412, 1424, 1436 & 1500 Pioneer Rd. provides convenient access to Routes 30 and 52 and Interstates 55 and 80. All the units are two-bedroom/one-bathroom and tenant heated. The property features renovated units, patios or balconies for most units, six garages and off-street parking.