April 15, 2021 – Andrew O’Connell and Anthony Spangler of Horvath & Tremblay have successfully completed the sale of six (6) multi-family units in Homewood, Illinois. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $475,000.
The multi-family investment property, located at 3232 184th Street in Homewood, Illinois, is comprised of six (6) multi-family units. The three-story brick apartment building was constructed in 1978 and contains six (6) 2-Bedroom/1-Bathroom units in 6,249 square feet of gross area on a 0.32-acre lot. The property features individual private balconies and ample on-site parking. The property is 0.2-miles from the Pace Bus Line, and benefits from its proximity to Interstates 57, 80, and 294. Additionally, the property is less than 2-miles from both the Homewood and Flossmoor METRA Stations. The property is within walking distance of a multitude of business establishments in Homewood. The Property is 0.2-miles from a Jewel-Osco, Big Lots, McDonald’s, Burger King, KFC, and 7-Eleven, all clustered around the intersection of 183rd Street and Kedzie Avenue. The property is within 1-mile of Advocate South Suburban Hospital, and the Homewood-Flossmoor High School is just 2 miles away.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Their advisors specialize in the sale of apartment buildings, mixed-use properties, and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.