Andrean Angelov Of Marcus & Millichap Represents Buyer In Sale Of 450 S Belmont Ave Elgin

The property located at 450 S Belmont Ave, Elgin, IL, consists of 23 studio units. The apartment complex is tenant-heated, features ample off-street parking, and includes an on-site laundry facility. It is situated in the Elgin market, with the Elgin Metra station located four miles northeast and Pace Bus stops just one block east. Elgin Community College is within walking distance.

Summary of transaction details:

• Property Type: Apartment
• Transaction Amount: Unknown
• Address: 450 S Belmont Ave, Elgin, IL, 60123
• Market: Elgin
• Buyer’s Representative: Andrean Angelov - Marcus & Millichap
• Buyer: Unknown
• Seller: Unknown
• Units: 23 studio units

The sale was arranged by Marcus & Millichap, specifically by Andrean Angelov, who is the first vice president of investments, and Ryan D. Engle, a senior vice president of investments, both from the firm’s Chicago Oak Brook office. They marketed the property on behalf of the seller, while Timothy B. Stephenson Jr., an associate in the same office, represented the buyer.