August 14, 2025 – Anthony Spangler and Thomas Shanley of Horvath & Tremblay have successfully completed the sale of a ten (10) unit multi-family portfolio in La Salle, Illinois. Horvath & Tremblay represented the buyer to complete the transaction at a sale price of $736,000.
The portfolio is located at 2918 Chartres Street and 1125 15th Street in La Salle, Illinois. The Portfolio is comprised of two (2) multi-family investment Properties with a total of ten (10) residential units on a combined 0.54 acres of land. 2918 Chartres Street is improved by a three-story multi-family property with six (6), 2-Bedroom/1.5-Bathroom units with 6,400 square feet of living area on a 0.37-acre parcel of land. The units are separately metered for electricity, air-conditioning and heat which the tenants pay directly. The Landlord is responsible for common electric, hot water and domestic water and sewer. The Property offers washer/dryer hook-ups in each unit and ample on-site parking (six garage bays and six surface spaces). Additionally, four of the six units have private balconies. 1125 15th Street is improved by a two-story multi-family property with four (4) 2-Bedroom/1-Bathroom units with 3,600 square feet of living area on a 0.17-acre parcel of land. The units are separately metered for electricity, air-conditioning, heat and hot water, which the tenants pay directly. The Landlord is responsible for common electric and domestic water and sewer. The Property offers a private balcony and washer/dryer hook-ups in each unit and ample on-site parking (four garage bays and four surface spaces). Rents in the properties are below market. The opportunity exists to increase rents to market rates in a high demand, supply constrained residential market. The Properties are well located in quiet residential neighborhoods and are convenient to IL Routes 251 and 351, the area’s primary commercial and commuter corridors, offering convenient access to area grocery stores, and national retailers and restaurants. Both properties are ideally positioned for commuters with quick and convenient access to Interstates 80 and 39. The properties are also close to area schools including La Salle-Peru Township High School and Illinois Valley Community College.
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.