March 31, 2021 – Arthur Fedotov of Horvath & Tremblay has successfully completed the sale of eight (8) multi-family units in Antioch, Illinois. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $890,000.
The multi-family investment property, located 1008 Victoria Street in Antioch, Illinois, is comprised of two single-story, brick apartment buildings constructed in 1970 and contains eight (8) multi-family units. The property features eight (8), 2-Bedroom/1-Bathroom units with 6,272 square feet of living area in 12,544 square feet of gross area on a 0.42-acre corner parcel. The Property features a private lawn and twelve (12) on-site parking spaces. The property features newer furnaces and hot water heaters and new roofs that were installed in 2020. The Property is 0.2 miles from the intersection of Lake Street and Main Street, the area’s primary commercial corridors. The area offers convenient access to grocery stores (Jewel-Osco, Piggly Wiggly, and Aldi), National Retailers (Walmart Supercenter, CVS, Walgreens, and Menards), restaurants (Starbucks, Dunkin’, McDonald’s, Burger King, Culver’s and Popeyes), and countless other retail amenities found in the immediate area. The property is located within 0.3 miles of Lake Antioch, 0.5 miles from Lake Tranquility and Pedersen Park, and within 1.5 miles of several other parks with several miles of trails for walking/hiking/biking and featuring numerous outdoor recreation areas and sports facilities. Additionally, 1008 Victoria Street offers convenient access to the Antioch METRA Station (NCS Line) and IL Routes 59, 173 and 83, all of which are less than 0.6 miles from the Property.
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.