December 28, 2023 – Anthony Spangler and Thomas Shanley of Horvath & Tremblay have successfully completed the sale of a twelve-unit multi-family property in Beecher, Illinois.  Horvath & Tremblay represented the seller and procured the buyer to complete the transaction at a sale price of $1,050,000.

The multi-family building is located at 648 Pasadena Avenue in Beecher, Illinois. The two-story, brick building contains twelve (12) residential units comprised of nine (9), 2-Bedroom/1-Bathroom units and three (3) 1-Bedroom/1-Bathroom units with 10,500 square feet of living area in 12,000 square feet of gross area on a 0.90-acre parcel. The Property features an on-site laundry facility, a detached garage with six individual bays as well as twenty-four on-site surface parking spaces, and each unit has a private patio or deck.  The Property is situated along a tree lined residential street that is seconds from S Dixie Highway (IL Route 1), the area’s primary commercial and commuter corridor.  The location offers convenient access to outdoor recreation areas, grocery stores, restaurants, and numerous other retail amenities. 648 Pasadena Avenue is ideally positioned within a rural community, offering a small town feel while providing commuters with convenient access to public transportation via the University Park METRA Station (15-minute drive), IL Route 1 and Interstate 57. The Village of Beecher is located approximately 40 miles south of the Chicago Loop and offers convenient access to the city via I-57, IL Route 1, and nearby Metra Trains.

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.