April 17, 2025 – Anthony Spangler and Thomas Shanley of Horvath & Tremblay have successfully completed the sale of a nine unit multi-family property in Chicago, Illinois. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $980,000.
The property is located at 6119 W 64th Place in Chicago, Illinois. The three-story brick building contains nine (9) total units, comprised of two (2), 2-Bedroom/1-Bathroom units and seven (7), 1-Bedroom-1-Bathroom units with 7,500 square feet of gross living area in 9,000 square feet of gross area on a 0.18-acre parcel. The Property includes nine (9) on-site parking spaces. Rents at the Property are below market, offering the opportunity in increase revenue by systematically updating the units and improving the amenities in the building in a high demand residential market. 6119 West 64th Place is situated in the Clearing community area on Chicago’s southwest side. The Property is well-located in a residential neighborhood between West 65th Street and West 63rd Street, the area’s primary commercial and commuter corridors, which are home to a number of national and local tenants that drive traffic to the area. Clearing is also home to Midway International Airport, which is located just minutes from the Property, and houses an “L” Station on the Chicago Transit Authority’s Orange Line, with service from the Loop to Midway at the border of Clearing and Garfield Ridge.
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.