A Marcus & Millichap team has arranged the sale of A&E Luxury Apartments, a 29-unit apartment property in Bensenville, IL, within the DuPage County suburbs of Chicago. The property sold for $6.1 million.
Eric P. Bell, senior managing director investments, in Marcus & Millichap’s Chicago Oak Brook office, exclusively marketed the property on behalf of the seller. The buyer was represented by Andrean Angelov, first VP investments, and Ryan D. Engle, SVP investments, also with the Chicago Oak Brook office.
A&E Luxury Apartments is located at 213 N. Walnut St. in Bensenville. The elevator-building property built in 2017 is comprised of 17 one-bedroom/one-bathroom units, three two-bedroom/one-bathroom units and nine two-bedroom/two-bathroom units.
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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 GlobeSt.com 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).
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