May 21, 2025 – Anthony Spangler and Thomas Shanley of Horvath & Tremblay have successfully completed the sale of an eight (8) unit multi-family Property in Manteno, Illinois. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $830,000.
The multi-family property is located at 128 & 156 S McGuire Drive in Manteno, Illinois. The Property is improved by two adjacent two-story buildings and contains eight (8), 2-Bedroom/1-Bathroom units with 6,400 square feet of living area in 7,000 square feet of total gross area on a combined 0.38-acres of land (each building is on a separate parcel). The Property offers an on-site laundry facility, ample green space and on-site parking for sixteen (16) vehicles. The Property is positioned in a quiet residential neighborhood and is seconds from the intersection of S McGuire Drive and S Locust Street (IL Route 50), the area’s primary commercial and commuter corridor. The Property is 0.5-miles from the center of Manteno, and offers convenient access to the area’s schools, businesses, retailers, and restaurants. The Property is also just 1.3-miles from Interstate 57 and 2.7-miles from US Highway 52. Manteno is in Will County, Illinois, nestled along Interstate 57 and Illinois Route 50, approximately 11 miles north of Kankakee, 27 miles southeast of Joliet, and 45 miles south of Chicago.
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.