Marcus & Millichap

Eric P. Bell

Overview

Eric Bell is a multi-family specialist in the firm's Chicago O'Hare office. As a Senior Vice President of Investments, Eric exclusively represents buyers and sellers of investment properties throughout the Chicagoland area. He has more than 25 years of experience in the real estate industry and has closed over 440 investment real estate transactions valued at over $993,000,000 during his career.
 
Eric graduated with a Bachelor of Arts degree in Economics from Kenyon College where he played NCAA Division III football and baseball. Eric is married with four children and enjoys golfing, skiing, and coaching his kids.  

Chicago O’Hare
Eric P. Bell

Eric P. Bell

Senior Vice President Investments
Tel: (773) 867-1417
Fax: (773) 867-1522

License:  IL  475.144220

Member - Special Asset Services Group
Senior Director - National Multi Housing Group

Promoted to Associate in August, 1996
Promoted to Senior Associate in April, 1997
Promoted to Senior Investment Associate in July, 2000
Promoted to Vice President Investments in July, 2004
Promoted to Senior Vice President Investments in January, 2008


Kenyon College , BA in Economics

Top 10 Investment Professional - 2001
Chairman’s Circle of Excellence - 2003
Chairman's Club - 2005, 2004, 2003, 2002, 2001
National Achievement Award - 2016, 2015, 2014, 2012, 2011, 2007, 2006, 2005, 2004, 2003, 2002, 2001, 2000, 1999, 1998, 1997
Sales Recognition Award - 2016, 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2008, 2007, 2006, 2005, 2004, 2003, 2002, 2001, 2000, 1999, 1998, 1997, 1996


Our Team

Eric P. Bell

JORDAN CALLAWAY
 
EXPERIENCE/PROFESSIONAL HISTORY
Jordan Callaway has been with Eric Bell since 2010. He is a Senior Financial Analyst with a background in Creative Advertising. Jordan partners with Eric Bell to identify, evaluate, model, and market real property ranging from $1,000,000 to $30,000,000. Prior to joining Marcus & Millichap, Jordan was an agent for a 40-year Veteran Real Estate Broker in Lexington, KY. In addition, he has worked for Sam Nazarian of SBE/SLS Hotels and Brent Bolthouse of Bolthouse Productions. Jordan Callaway attained highest call volume in 2011, 2012, & 2013 in the Chicago O'Hare office. Jordan is a Certified Commercial Investment Member (CCIM) Candidate and Member of the CCIM Illinois Chapter. 
 
EDUCATION
University of Kentucky (Creative Advertising): 2005–2009
 
SCOTT STARKOPF
 
EXPERIENCE/PROFESSIONAL HISTORY
Scott Starkopf joined Eric Bell’s team in April 2014. He is an Analyst & Market Researcher with a background in Regional Development & Business. Prior to joining Marcus & Millichap, Scott analyzed investment properties on an acquisitions team for a high volume real estate owner in the Chicagoland area. Prior to that, Scott was a Natural Gas Options Broker in Houston, TX. 
 
EDUCATION
University of Arizona (Regional Development & Business): 2004-2009
 
NICOLE BURNS
 
EXPERIENCE/PROFESSIONAL HISTORY
Nicole joined the sales team of Eric Bell in May 2014 soon after graduating from Roosevelt University. Prior to joining Marcus & Millichap, Nicole has held various positions working for nonprofit organizations, financial institutions and retail corporations.
 
EDUCATION
Roosevelt University (Sustainability Studies): 2011-2013 
 

Team Members:

  • Jordan Callaway
    Financial Analyst
    (773) 867-1500
  • Nicole Stimac
    Marketing Coordinator
    (773) 867-1500
  • Scott Starkopf
    Financial Analyst
    (773) 867-1500

Listed Properties

Transactions Closed

  • Riverwood Apartment Homes

    Riverwood Apartment Homes

    Multifamily

    Lansing, IL
    Price: $23,000,000
    Size: 909 sqft
    Size: 354 units
    Cap Rate: 7.74%

  • Amber Manor

    Amber Manor

    Multifamily Tax Credit

    Dekalb, IL
    Price: $9,250,000
    Size: 188,448 sqft
    Size: 228 units
    Cap Rate: 6.32%

  • 1039 College Avenue

    1039 College Avenue

    Multifamily

    Wheaton, IL
    Price: $2,900,000
    Size: 30,492 sqft
    Size: 44 units
    Cap Rate: 7.91%

  • Wrigleyville Vacant/User

    Wrigleyville Vacant/User

    Retail Vacant/User

    Chicago, IL
    Price: $275,000
    Size: 2,390 sqft
    Cap Rate: 13.78%

  • 1534 Park Avenue

    1534 Park Avenue

    Multifamily

    River Forest, IL
    Price: $840,000
    Size: 5,075 sqft
    Size: 06 units
    Cap Rate: 6.59%

  • 112 Home Avenue

    112 Home Avenue

    Multifamily

    Oak Park, IL
    Price: $1,730,000
    Size: 13,800 sqft
    Size: 20 units
    Cap Rate: 5.99%

  • 423 Washington Boulevard

    423 Washington Boulevard

    Multifamily

    Oak Park, IL
    Price: $665,000
    Size: 5,100 sqft
    Size: 04 units
    Cap Rate: 6.03%

  • 6724 South Chappel Avenue

    6724 South Chappel Avenue

    Multifamily

    Chicago, IL
    Size: 22,100 sqft
    Size: 43 units

  • 400 North Marion Street

    400 North Marion Street

    Multifamily

    Oak Park, IL
    Price: $700,000
    Size: 3,200 sqft
    Size: 04 units
    Cap Rate: 6.56%

  • 556 West 37th Street

    556 West 37th Street

    Multifamily

    Chicago, IL
    Price: $1,100,000
    Size: 12,050 sqft
    Size: 16 units
    Cap Rate: 8.01%

  • Parkview Townhomes

    Parkview Townhomes

    Multifamily

    Columbus, IN
    Price: $5,522,000
    Size: 140 units
    Cap Rate: 8.57%

  • 3201 Saint Charles Road

    3201 Saint Charles Road

    Multifamily

    Bellwood, IL
    Price: $1,025,000
    Size: 10,400 sqft
    Size: 13 units
    Cap Rate: 9.45%

  • 2826 & 2830 North Natoma Avenue

    2826 & 2830 North Natoma Avenue

    Multifamily

    Chicago, IL
    Price: $1,200,000
    Size: 11,000 sqft
    Size: 12 units
    Cap Rate: 6.82%

  • 7750 - 56 South Muskegon Avenue

    7750 - 56 South Muskegon Avenue

    Multifamily

    Chicago, IL
    Price: $990,000
    Size: 25,650 sqft
    Size: 47 units
    Cap Rate: 12.73%

  • Five Property Portfolio - Cicero

    Five Property Portfolio - Cicero

    Multifamily

    Cicero, IL
    Price: $1,368,000
    Size: 38,400 sqft
    Size: 58 units
    Cap Rate: 10.40%

  • 1518-20 West Chicago Avenue

    1518-20 West Chicago Avenue

    Multifamily

    Melrose Park, IL
    Price: $1,530,000
    Size: 23,000 sqft
    Size: 31 units
    Cap Rate: 8.99%

  • 2302 Clarence Avenue

    2302 Clarence Avenue

    Multifamily

    Berwyn, IL
    Price: $450,000
    Size: 5,250 sqft
    Size: 08 units
    Cap Rate: 9.80%

  • 1111 Spiros Court

    1111 Spiros Court

    Student Housing

    DeKalb, IL
    Price: $582,500
    Size: 11,200 sqft
    Size: 08 units
    Cap Rate: 9.41%

  • 7552 Brown Avenue

    7552 Brown Avenue

    Multifamily

    Forest Park, IL
    Price: $400,000
    Size: 4,500 sqft
    Size: 06 units
    Cap Rate: 6.21%

  • 805 North 22nd Avenue

    805 North 22nd Avenue

    Multifamily

    Melrose Park, IL
    Price: $325,000
    Size: 4,950 sqft
    Size: 06 units
    Cap Rate: 6.41%

  • 1010 South Austin Boulevard

    1010 South Austin Boulevard

    Multifamily

    Oak Park, IL
    Price: $665,000
    Size: 6,300 sqft
    Size: 08 units
    Cap Rate: 8.35%

  • Moraine Ridge

    Moraine Ridge

    Multifamily

    Green Bay, WI
    Price: $7,647,000
    Size: 101 units
    Cap Rate: 8.23%

  • 3707 Forest Avenue

    3707 Forest Avenue

    Multifamily

    Brookfield, IL
    Price: $450,000
    Size: 5,716 sqft
    Size: 06 units
    Cap Rate: 13.96%

  • The Westbrook

    The Westbrook

    Multifamily & Retail

    Chicago, IL
    Price: $775,000
    Size: 25,250 sqft
    Size: 24 units
    Cap Rate: 13.23%

  • Stone Crossing

    Stone Crossing

    Multifamily

    Aurora, IL
    Size: 214,650 sqft
    Size: 258 units

  • Woodland Courts Apartments

    Woodland Courts Apartments

    Multifamily

    Alsip , IL
    Size: 116,400 sqft
    Size: 144 units

  • Village Apartments

    Village Apartments

    Multifamily

    Decatur, IL
    Price: $5,230,000
    Size: 108,200 sqft
    Size: 96 units
    Cap Rate: 8.43%

  • Multifamily

    Oak Park, IL
    Price: $645,000
    Size: 36 units
    Cap Rate: 10.20%

  • Multifamily

    Oak Park, IL
    Price: $345,000
    Size: 1,975 sqft
    Size: 16 units
    Cap Rate: 12.52%

  • 1024 Hillcrest

    1024 Hillcrest

    Student Housing

    Dekalb, IL
    Price: $3,300,000
    Size: 47,390 sqft
    Size: 40 units
    Cap Rate: 9.59%

  • Inverleith Apartments

    Inverleith Apartments

    Multifamily

    Palatine, IL
    Price: $6,000,000
    Size: 86,320 sqft
    Size: 84 units
    Cap Rate: 6.67%

  • 285 North Richmond Avenue

    285 North Richmond Avenue

    Multifamily

    Clarendon Hills, IL
    Size: 26,135 sqft
    Size: 34 units

  • Multifamily

    Oak Park, IL
    Price: $300,000
    Size: 1,550 sqft
    Size: 10 units
    Cap Rate: 10.65%

  • 300 Des Plaines

    300 Des Plaines

    Multifamily

    Forest Park, IL
    Size: 20,250 sqft
    Size: 30 units

  • Westernview Townhomes

    Westernview Townhomes

    Multifamily

    CHILLICOTHE, OH
    Size: 139,200 sqft
    Size: 160 units

  • Multifamily

    Oak Park, IL
    Price: $1,410,000
    Size: 1,580 sqft
    Size: 55 units
    Cap Rate: 10.42%

  • 461 North Lake Street Apartments

    461 North Lake Street Apartments

    Multifamily

    Aurora, IL
    Size: 40,200 sqft
    Size: 48 units

  • Multifamily

    Oak Park, IL
    Price: $307,000
    Size: 850 sqft
    Size: 06 units
    Cap Rate: 9.45%

  • Multifamily

    Oak Park, IL
    Price: $315,000
    Size: 1,200 sqft
    Size: 06 units
    Cap Rate: 10.42%

  • Multi Residential Investment

    Multi Residential Investment

    Multifamily

    Oak Park, IL
    Price: $1,280,000
    Size: 22 units
    Cap Rate: 9.41%

  • Parkside Apartments

    Parkside Apartments

    Multifamily

    Madison, WI
    Price: $5,295,000
    Size: 69,480 sqft
    Size: 72 units
    Cap Rate: 6.68%

  • Multifamily

    Forest Park, IL
    Price: $445,000
    Size: 9,825 sqft
    Size: 12 units
    Cap Rate: 9.89%

  • 7759-7771 Lake Street

    7759-7771 Lake Street

    Multifamily

    River Forest, IL
    Price: $1,035,000
    Size: 9,245 sqft
    Size: 12 units
    Cap Rate: 7.61%

  • 204 Marengo

    204 Marengo

    Multifamily

    Forest Park, IL
    Price: $1,040,000

  • Circle Apartments

    Circle Apartments

    Multifamily

    Forest Park, IL
    Price: $468,240
    Size: 11,600 sqft
    Size: 16 units
    Cap Rate: 11.02%

  • 8911-8927 Gerritsen Avenue

    8911-8927 Gerritsen Avenue

    Multifamily

    Brookfield, IL
    Size: 14,280 sqft
    Size: 18 units

  • Meridian Towers

    Meridian Towers

    Multifamily

    Indianapolis, IN
    Price: $4,175,000
    Size: 129,350 sqft
    Size: 115 units
    Cap Rate: 12.39%

  • Multifamily, Office & Retail

    Oak Park, IL
    Price: $308,000
    Size: 10,100 sqft
    Size: 12 units

  • 319 North Princeton

    319 North Princeton

    Multifamily

    Villa Park, IL
    Price: $570,000
    Size: 6,500 sqft
    Size: 10 units
    Cap Rate: 9.31%

  • Multifamily

    Forest Park, IL
    Price: $2,165,000
    Size: 41,300 sqft
    Size: 62 units
    Cap Rate: 9.71%

  • 315 North Princeton Avenue

    315 North Princeton Avenue

    Multifamily

    Villa Park, IL
    Price: $570,000
    Size: 6,500 sqft
    Size: 10 units
    Cap Rate: 9.42%

  • Meadowlane Apartments

    Meadowlane Apartments

    Multifamily

    Merrillville, IN
    Price: $2,040,000
    Size: 66,204 sqft
    Size: 64 units
    Cap Rate: 11.04%

  • 3 Property Rockford Portfolio

    3 Property Rockford Portfolio

    Multifamily

    Rockford, IL
    Price: $800,000
    Size: 41,600 sqft
    Size: 52 units

  • Terrace Oaks Apartments

    Terrace Oaks Apartments

    Multifamily

    Lake Bluff, IL
    Price: $2,400,000
    Size: 40,176 sqft
    Size: 48 units
    Cap Rate: 9.77%

  • Bank Owned - 1265 Cunningham Drive

    Bank Owned - 1265 Cunningham Drive

    Multifamily

    Calumet City, IL
    Size: 56,625 sqft
    Size: 71 units

  • Hawthorne Woods

    Hawthorne Woods

    Multifamily

    Clinton, IA
    Price: $2,920,000
    Size: 109,400 sqft
    Size: 116 units
    Cap Rate: 10.04%

  • Butterfield Apartments

    Butterfield Apartments

    Multifamily

    Hillside, IL
    Size: 52,080 sqft
    Size: 66 units

  • 1119 Harlem Ave.

    1119 Harlem Ave.

    Land - Single-Family to Four Plex

    Forest Park, IL
    Price: $17,000

  • Sunset Landing

    Sunset Landing

    Multifamily

    Bridgman, MI
    Price: $2,900,000
    Size: 71,160 sqft
    Size: 119 units
    Cap Rate: 9.73%

  • Parkside Terrace Apartments

    Parkside Terrace Apartments

    Multifamily

    Buchanan, MI
    Price: $1,677,500
    Size: 120 units
    Cap Rate: 10.41%

  • River Oaks

    River Oaks

    Multifamily

    Calumet City, IL
    Price: $2,150,000
    Size: 84 units
    Cap Rate: 10.80%

  • Wilson Park Garden

    Wilson Park Garden

    Multifamily

    Milwaukee, WI
    Price: $4,750,000
    Size: 150 units
    Cap Rate: 10.05%

  • Maple Leaf Apartments

    Maple Leaf Apartments

    Multifamily

    Merrillville, IN
    Price: $6,075,000
    Size: 96,000 sqft
    Size: 96 units
    Cap Rate: 8.83%

  • New Ritz Apartments

    New Ritz Apartments

    Multifamily

    Chicago, IL
    Size: 16,750 sqft
    Size: 67 units

  • Allanson Park Apartments

    Allanson Park Apartments

    Multifamily

    Mundelein, IL
    Price: $4,150,000
    Size: 60 units
    Cap Rate: 8.67%

  • 204 Marengo

    204 Marengo

    Multifamily

    Forest Park, IL
    Price: $1,200,000

  • Sunn Apartments

    Sunn Apartments

    Multifamily

    Wheaton, IL
    Price: $2,135,000
    Size: 20,021 sqft
    Size: 55 units
    Cap Rate: 8.86%

  • Multifamily

    Oak Park, IL
    Price: $900,000
    Size: 15,900 sqft
    Size: 15 units
    Cap Rate: 7.18%

  • Storey Manor

    Storey Manor

    Multifamily

    Cottage Hill, IL
    Price: $1,906,858
    Size: 50 units

  • Manufacturing Housing Portfolio

    Manufacturing Housing Portfolio

    Mobile Home Park

    Bourbonaisse, IL
    Price: $4,710,000
    Size: 901 units

  • Rockford Apartments

    Rockford Apartments

    Multifamily

    Forest Park, IL
    Size: 12,150 sqft
    Size: 21 units

  • 66-units

    66-units

    Multifamily

    Maywood, IL
    Price: $1,630,000
    Size: 57,350 sqft
    Size: 66 units
    Cap Rate: 11.59%

  • 20 Units

    20 Units

    Multifamily

    Orland Park, IL
    Size: 16,125 sqft
    Size: 20 units

  • Taylor Oak Apartments

    Taylor Oak Apartments

    Multifamily

    Oak Park, IL
    Price: $2,725,000
    Size: 44,000 sqft
    Size: 51 units
    Cap Rate: 7.64%

  • Westwood Pines Apartments

    Westwood Pines Apartments

    Multifamily

    Columbus, IN
    Price: $14,003,087
    Size: 189,504 sqft
    Size: 202 units
    Cap Rate: 9.27%

  • Washington Pine Apartments

    Washington Pine Apartments

    Multifamily

    Chicago, IL
    Price: $2,150,000
    Size: 58,350 sqft
    Size: 171 units
    Cap Rate: 11.51%

  • Multifamily

    River Forest, IL
    Price: $875,000
    Size: 10,200 sqft
    Size: 12 units
    Cap Rate: 6.75%

  • Governors Place Apartments

    Governors Place Apartments

    Multifamily

    Homewood, IL
    Price: $3,750,000
    Size: 79,224 sqft
    Size: 96 units

  • Multifamily

    Oak Park, IL
    Price: $915,000
    Size: 14,350 sqft
    Size: 16 units
    Cap Rate: 6.26%

  • Buckingham Court Apartments

    Buckingham Court Apartments

    Multifamily

    Crystal Lake, IL
    Price: $4,550,000
    Size: 69 units
    Cap Rate: 8.40%

  • Multifamily

    Oak Park, IL
    Price: $1,500,000
    Size: 24,100 sqft
    Size: 32 units
    Cap Rate: 8.50%

  • Multifamily

    Forest Park, IL
    Price: $850,000
    Size: 11,700 sqft
    Size: 27 units
    Cap Rate: 10.17%

  • Brittany Place

    Brittany Place

    Multifamily

    Rockford, IL
    Price: $3,400,000
    Size: 83,135 sqft
    Size: 124 units
    Cap Rate: 9.93%

  • Country View Apartments

    Country View Apartments

    Multifamily

    Genoa, IL
    Price: $2,200,000
    Size: 43,500 sqft
    Size: 60 units
    Cap Rate: 9.53%

  • Wells Street Apartments

    Wells Street Apartments

    Multifamily

    Milwaukee, WI
    Price: $2,545,000
    Size: 127,240 sqft
    Size: 201 units
    Cap Rate: -6.59%

  • 437-447 S. Kenilworth

    437-447 S. Kenilworth

    Multifamily

    Oak Park, IL
    Price: $1,830,000
    Size: 24,525 sqft
    Size: 39 units
    Cap Rate: 7.73%

  • Nu-living Apartments

    Nu-living Apartments

    Multifamily

    Glen Ellyn, IL
    Price: $6,363,000
    Size: 46,640 sqft
    Size: 88 units
    Cap Rate: 8.71%

  • Garfield Terrace

    Garfield Terrace

    Multifamily

    Oak Park, IL
    Price: $4,000,000
    Size: 53,850 sqft
    Size: 59 units
    Cap Rate: 7.09%

  • 417-425 S. Wisconsin

    417-425 S. Wisconsin

    Multifamily

    Oak Park, IL
    Price: $1,925,000
    Size: 18,310 sqft
    Size: 29 units
    Cap Rate: 6.59%

  • 628-634 Harrison

    628-634 Harrison

    Multifamily

    Oak Park, IL
    Price: $1,625,000
    Size: 19,600 sqft
    Size: 26 units
    Cap Rate: 6.79%

  • 612-622 Harrison

    612-622 Harrison

    Multifamily

    Oak Park, IL
    Price: $2,350,000
    Size: 27,050 sqft
    Size: 37 units
    Cap Rate: 6.31%

  • 7825-7827 South Shore Dr.

    7825-7827 South Shore Dr.

    Multifamily

    Chicago, IL
    Price: $1,025,000
    Size: 19,900 sqft
    Size: 52 units
    Cap Rate: 9.28%

  • 315 Harrison

    315 Harrison

    Multifamily

    Oak Park, IL
    Price: $517,500
    Size: 5,800 sqft
    Size: 06 units
    Cap Rate: 8.18%

  • Torrence Tower

    Torrence Tower

    Multifamily

    CALUMET CITY, IL
    Price: $1,358,000
    Size: 40,000 sqft
    Size: 48 units
    Cap Rate: 10.14%

  • 1239 N. Taylor Ave.

    1239 N. Taylor Ave.

    Multifamily

    Oak Park, IL
    Price: $1,205,000
    Size: 22,850 sqft
    Size: 33 units
    Cap Rate: 9.41%

  • Erie Lake Apartments

    Erie Lake Apartments

    Multifamily

    Maywood, IL
    Price: $2,350,000
    Size: 54,950 sqft
    Size: 66 units
    Cap Rate: 10.24%

  • Mixed-Use Berwyn Portfolio

    Mixed-Use Berwyn Portfolio

    Multifamily

    Berwyn, IL
    Size: 41,600 sqft
    Size: 63 units

  • Robeson Hall on The Park

    Robeson Hall on The Park

    Assisted Living Care

    Champaign, IL
    Price: $1,500,000
    Size: 33,040 sqft
    Size: 104 units
    Cap Rate: 57.69%

  • Vista Woods

    Vista Woods

    Mobile Home Park

    Milford, OH
    Price: $2,000,000
    Size: 26,118,576 sqft
    Size: 102 units
    Cap Rate: 12.85%

  • 257 W. Washington

    257 W. Washington

    Multifamily

    Oak Park, IL
    Price: $525,000
    Size: 7,100 sqft
    Size: 10 units
    Cap Rate: 8.35%

There are additional transactions closed, contact us for more.