Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 6336 North Magnolia Avenue, a 4-unit apartment property located in Chicago, IL, according to Joe Powers, regional manager of the firm’s Chicago Downtown office. The asset sold for $700,000.
Anthony Catanese and James Ziegler, investment specialists in Marcus & Millichap’s Chicago Downtown office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was secured and represented by Anthony Catanese and James Ziegler,
The property is located at 6336 N Magnolia Ave in Chicago, IL, and was 100 percent occupied at the time of sale with a unit mix consisting of four two-bedroom/one-bathroom units that measured 1,500 square feet each. The property is walking distance to Loyola University and features large unit layouts with on-site laundry and garage parking.