May 7, 2025 – Kelsey Zurweller and John Preston of Horvath & Tremblay have successfully completed the sale of a six unit multi-family property in Schaumburg, Illinois. Horvath & Tremblay exclusively represented the seller and sourced the buyer to complete the transaction at a sale price of $810,000.
The property is located at 2396 Good Speed Lane in Schaumburg, Illinois. The Property is improved by a three-story building and contains six (6) residential units, consisting of three (3), 2-Bedroom/1-Bathroom units and three (3), 1-Bedroom/1-Bathroom unit with 5,900 square feet of living area in 6,131 square feet of gross area and benefits from twelve (12) on-site parking spaces. The Property features spacious layouts, in-unit washer and dryer, and each of the six units has a private balcony or patio. The building is part of a well-run and affordable association that covers common areas, exterior, windows, roof, water, and maintenance of utilities, decreasing the day-to-day management of the Property. 2396 Good Speed Lane is well-located inside a larger residential community. The Property has been well-maintained and offers ample green space for residents. The Property is well-located in close proximity to Barrington Road, the area’s primary commercial corridor, and is close to area grocers, retailers, and restaurants. The Property also enjoys convenient access to area schools, highways, public transportation (bus), and numerous recreational and entertainment amenities. Schaumburg is a large village located in Cook County Illinois and is a northwestern suburb of Chicago. The village is located roughly 30 miles northwest of Chicago’s Central Business District and approximately 10 miles northwest of O’Hare International Airport.
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.