Marcus & Millichap Inc.
07/31/2026 | Press release | Distributed by Public on 07/31/2026 15:39
Marcus & Millichap Arranges Sale of 28-Unit Mixed-Use Property in Chicago
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Marcus & Millichap Arranges Sale of 28-Unit Mixed-Use Property in Chicago
July 31, 2026
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CHICAGO, July 31, 2026 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 5655 West Fullerton Avenue, a mixed-use property featuring 24 multifamily units and four retail suites, in the Belmont Cragin neighborhood of Chicago.
"The new owner takes on an asset with a clear value-add runway, including the opportunity to lease the vacant retail suite, repurpose the basement and garage space, and continue renovating the remaining classic units," said Sam Antreasian, director investments. "Belmont Cragin continues to attract investor interest due to its strong transportation connectivity, with convenient access to Interstate 94, the Hanson Park Metra Station and downtown Chicago."
Antreasian, Ryan D. Engle and Andrean Angelov, investment specialists in Marcus & Millichap's Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller and procured the buyer, both private investors.
Built in 1970, the property features a mix of studio, one- and two-bedroom apartments, with 17 units renovated in the past five years including a penthouse unit with a higher-end renovation and private outdoor deck. The 14,050-square-foot asset is located a half-mile from the Hanson Park Metra Station and approximately 10 miles from downtown Chicago.
"The new owner takes on an asset with a clear value-add runway, including the opportunity to lease the vacant retail suite, repurpose the basement and garage space, and continue renovating the remaining classic units," said Sam Antreasian, director investments. "Belmont Cragin continues to attract investor interest due to its strong transportation connectivity, with convenient access to Interstate 94, the Hanson Park Metra Station and downtown Chicago."
Antreasian, Ryan D. Engle and Andrean Angelov, investment specialists in Marcus & Millichap's Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller and procured the buyer, both private investors.
Built in 1970, the property features a mix of studio, one- and two-bedroom apartments, with 17 units renovated in the past five years including a penthouse unit with a higher-end renovation and private outdoor deck. The 14,050-square-foot asset is located a half-mile from the Hanson Park Metra Station and approximately 10 miles from downtown Chicago.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit https://www.MarcusMillichap.com.
Marcus & Millichap Inc. published this content on July 31, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 31, 2026 at 21:39 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]