- New Listing Indian Creek Apartments 1015-1025 N Farnsworth Ave Aurora IL 60505 - September 17, 2023
- Cooling Future Deliveries Set the Stage for a Rent Growth Comeback - September 11, 2023
- Price Gap Between Rent and Home Ownership in Chicago - August 6, 2023
Aurora, IL, December 6th, 2021 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of two adjacent 24-unit apartment properties located in Aurora, IL, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. The assets, Amber Ridge Apartments and Indian Creek Apartments, sold for $1,850,000 and $1,885,000 respectively.
The sellers and buyer of both properties were secured and represented by Randolph Taylor, Senior Associate, and an investment specialist in the National Multi Housing Division in Marcus & Millichap’s Chicago Oak Brook office.
The properties are located at 1015 N Farnsworth Ave and 991 Tollview Ave in Northeast Aurora, IL. The properties were sold to a repeat buyer for the agent and the firm and were financed by the Marcus & Millichap Capital Group.
# # #
About Marcus & Millichap (NYSE: MMI)
With over 2,000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 8.954 transactions in 2021 with a value of approximately $43.4 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com.
how Can We Help You?
Are you looking to Buy, Sell or Finance/Refinance Multifamily Property?