May 16, 2025 – John Preston of Horvath & Tremblay has successfully completed the sale of a two unit multi-family property in Chicago, Illinois. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $782,000.
The property is located at 1824 W Hood Avenue in Chicago, Illinois. The two-story building contains two (2) residential units comprised of one (1), 2-Bedroom/1-Bathroom unit and one (1) 3-Bedroom/1-Bathroom unit, plus one non-conforming 2-Bedroom/1-Bathroom unit. The property has 3,050 square feet of living area in 3,200 square feet of total area on a 0.09-acre parcel with on-site parking at the rear of the Property. The Property is well-located along W Hood Avenue, a quiet tree-lined residential street, and is positioned in between W Peterson Avenue (US Route 14) and W Devon Avenue, a major east-west artery. The Property provides convenient access to area highways, public transportation, and numerous retail amenities and is 0.2-miles from the Peterson/Ridge Metra Station, 1-mile from the Granville Transit Station, 1-mile from Loyola University and is 1.3-miles from the shores of Lake Michigan.
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.