Andrean Angelov Of Marcus & Millichap Represents Buyer In $3.2M Roselle Sale

Promenade Pointe of Roselle is a mixed-use property located at 2941 E Irving Park Rd, Roselle, IL, with a total square footage of 15,626. The asset was sold for $3,200,000. The property comprises three retail spaces on the first floor and features eight apartment units and one office space on the second floor. The construction was completed in 2017 and includes amenities such as an elevator and heated underground parking. At the time of sale, the retail spaces were fully leased.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $3,200,000.00
• Address: 2941 E Irving Park Rd, Roselle, IL
• Market: Roselle
• Square Footage: 15,626
• Buyer's Representative: Andrean Angelov, Marcus & Millichap
• Broker's Team: Andrean Angelov, Ryan D. Engle, and Timothy B. Stephenson Jr., Marcus & Millichap

Andrean Angelov, first vice president investments, and Ryan D. Engle, senior vice president investments, along with associate Timothy B. Stephenson Jr., exclusively represented the buyer in this transaction. They are part of Marcus & Millichap’s Chicago Oak Brook office, which also marketed the property on behalf of the seller. The transaction was overseen by Steven D. Weinstock, regional manager of the firm's Chicago Oak Brook office.