John Meyer Of 33 Realty Represents Seller In Sale Of Morris Property For $2.65M

The property asset involved in the transaction is located at 1721 Parklake Dr, Morris, IL, 60450. This sale was part of a larger transaction that included the sale of 40 units known as Brentwood Apartments at both 1711 and 1721 Parklake Drive in Morris, Illinois. The sale price for the property was $2,650,000. The property is fully occupied and features ample parking, large units, below-market rents, and on-site laundry, with easy access to I-80 and I-55.

Summary of transaction details:

• Property Type: Multi-family
• Transaction Amount: $2,650,000.00
• Address: 1721 Parklake Dr, Morris, IL, 60450
• Market: Morris
• Seller's Representative: John Meyer - 33 Realty
• Buyer: Unknown

John Meyer, managing director at 33 Realty, served as the sole broker in this transaction. The property was completed in 1975 and is characterized by its fully occupied status, offering substantial amenities to its residents.