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Chicago & Midwest  + Greater Chicagoland  + Apartments  | 

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.


Inside The Story

Engle & Angelov Group

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).