February 27, 2019
Marcus & Millichap has facilitated the sale of an 18-unit apartment property in the far South Side’s Brainerd neighborhood. The asset sold for $570,000 in a lender-directed short sale.
Senior associate Anthony Hardy and associate Thomas Heitzman, both of Marcus & Millichap’s Chicago Downtown office, exclusively marketed the property on behalf of the seller and also represented the buyer.
The property is located at 9355 S. Laflin St. in a quiet residential area. The three-story building was built in 1927, and is comprised of five studio units, seven one-bedroom/one-bathroom units, and six two-bedroom/one-bathroom units.
It’s located within walking distance to public transportation, and is also convenient to Interstate highways 57 and 94. Midway International Airport is just eight miles away.
For comments, questions or concerns, please contact Paul Bubny