Marcus & Millichap Sells 3045-3055 MacArthur Boulevard Multifamily In Northbrook For $5.65M

The property involved in the transaction is located at 3045-3055 Mac Arthur Boulevard in Northbrook, IL. It consists of a multi-family asset covering an area of 49,140 square feet, situated on 2.05 acres in Sky Harbor Business Park. The sale price for this fully leased property was $5,650,000, with a price per square foot of $115.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $5,650,000
• Address: 3045-3055 Mac Arthur Boulevard
• Market: Northbrook
• Acres: 2.05
• Square Footage: 49,140
• Price per Square Foot: $115
• Broker: Peter Doughty - Marcus & Millichap

The transaction was executed by Peter Doughty, who represented Marcus & Millichap in the sale. The buyer, a local private investor, acquired the property, which is fully leased, marking a successful investment in the local real estate market.