March 6, 2025 – Kelsey Zurweller and John Preston of Horvath & Tremblay have successfully completed the sale of a twelve-unit multi-family property in Skokie, Illinois. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $1,720,000.
The Property is located at 4905 Louise Street in Skokie, Illinois. The three-story brick building contains twelve (12) residential units comprised of three (3), 2-Bedroom/1 Bathroom units and nine (9), 1-Bedroom/1-Bathroom units with 10,800 square feet of living area in 12,000 square feet of total gross area on 0.25-acres of land. The Property features an on-site laundry facility and on-site parking for twelve (12) vehicles at the rear of the Property. The Property is extremely well-located at the intersection of Louise Street and Laman Avenue in a densely populated residential neighborhood and is seconds from Oakton Street (IL Route 58), Skokie Boulevard and Lincoln Avenue (US Highway 41), three of the area’s primary commercial and commuter corridors. The Property enjoys access to area schools, grocery stores, restaurants, and numerous other retail amenities. The Property is ideally positioned for commuters with quick and convenient access to public transportation (the Oakton-Skokie “L” Station and Morton Grove METRA Station), and area highways (US Highway 41, and Interstate 94).
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.