Marcus & Millichap recently facilitated the sale of a 12-unit apartment property in Lyons, Illinois. The multifamily building, located at 7727 43rd Street and conveniently accessible to major routes and public transportation, was marketed by Senior Managing Director Investments Ryan D. Engle, Senior Vice President Investments Andrean Angelov, and Senior Associate Sam Antreasian on behalf of the seller – a private investor.
The buyer – also a private investor – was represented by Engle, Angelov,and Antreasian in this transaction. The property has been owned for over three decades with recent updates made throughout its history including capital improvements.
Surrounded by local and national retail options as well as dining establishments,the building presents an attractive investment opportunity for potential buyers looking to enter or expand their portfolio in the thriving Lyons market.
