Fully Occupied Apartments Trade in Logan Square
Marcus & Millichap finalized the sale of 2865 W. Shakespeare Ave., a 23-unit apartment property located in the North Side’s Logan Square neighborhood. The asset sold for $5,350,000.
James Ziegler and Kyle A. Stengle, investment specialists in Marcus & Millichap’s Chicago Downtown office, marketed the property on behalf of the seller, JAB Real Estate. The buyer, a limited liability company, was secured and represented by Ziegler and Stengle.
2865 W Shakespeare Ave. was 100% occupied and leased at the time of sale. The property had benefited from many updates under JAB Real Estate’s ownership, including new kitchens and bathrooms.