Thursday, January 26, 2012

HFF named to market for sale Avalon Lombard in Lombard, Illinois




CHICAGO, IL – HFF announced today that it has been named to market for sale Avalon Lombard (top left photo), a 256-unit multi-housing community in Lombard, Illinois.

HFF is marketing the property on behalf of the seller for an undisclosed amount free and clear of debt.

Avalon Lombard is located at 2101 South Finley Road close to the intersection of Interstates 355 and 88 about 22 miles west of downtown Chicago. 

The property was partially renovated in 2009 and has one- and two-bedroom units averaging 789 square feet each.  Community amenities include a clubhouse, fitness center, WiFi lounge, game room and outdoor pool.  Avalon Lombard is 96.5 percent leased.

 The HFF investment sales team representing the seller is led by managing director Marty O’Connell (middle right photo), executive managing director Matthew Lawton (lower left photo) and managing director Sean Fogarty (lower right photo).

Contacts:   
            
MARTY O’CONNELL                  
 HFF Managing Director                
 (312) 528-3650    
                 
KRISTEN MURPHY
HFF Associate Director, Marketing
(713) 852-3500
krmurphy@hfflp.com

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