September 14, 2023 – Madison Mueller of Horvath & Tremblay has successfully completed the sale of a six-unit multi-family property in Rosemont, Illinois. Horvath & Tremblay represented the seller and procured the buyer to complete the transaction at a sale price of $642,000.
The residential building is located at 10466 Carol Court in Rosemont, Illinois. The Property includes a three-story, multi-family building, containing six (6) residential units comprised of three (3), 2-Bedroom/1-Bathroom units and three (3), 1-Bedroom/1-Bathroom units with 5,000 square feet of living area in 5,500 square feet of total gross area. The well-maintained brick apartment building was constructed in 1966 on a 0.13-acre parcel of land. The property is 0.4-miles from Mannheim Road (US Route 45), the area’s primary commercial corridors. The area offers convenient access to grocery stores (Mariano’s, Jewel-Osco and ALDI), restaurants (Starbucks, Dunkin’, McDonald’s, Wendy’s, Denny’s, and Subway), and countless other retail amenities found in the Rosemont Shopping District, which is home to the area’s largest outlet mall, and numerous entertainment venues. The Property is close to numerous entertainment venues, including the Parkway Bank Sports Complex (with a softball stadium and sports dome), Impact Field (home to the Chicago Dogs Baseball team), Allstate Arena, Dave & Buster’s, the Rosemont AMC Dine-In Movie Complex (12-screens), and the Rivers Casino Des Plaines. The Property is close to Forrest Preserve of Cook County, part of the Des Plaines River Trail & Greenway, a 31-mile wildlife habitat, with countless walking/hiking/biking trails and outdoor recreation areas. 10466 Carol Court offers convenient access to public transportation options including the Pace Bus system, the O’Hare Transfer and Rosemont METRA Stations, and the Rosemont “L” Station. Interstates 190, 294 and 90 (which provide direct access into downtown Chicago) are approximately a mile 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.