Marcus & Millichap

Eric P. Bell

Overview

Eric Bell is a multi-family specialist in the firm's Chicago O'Hare office. As a Senior Managing Director 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 470 investment real estate transactions valued at over $1,100,000,000 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 Managing Director 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
Promoted to Senior Managing Director Investments in January, 2017


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
Platinum - 2016


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 STIMAC
 
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

  • Tiberon Trails Apartments

    Tiberon Trails Apartments

    Multifamily

    Merrillville, IN
    Price: $13,625,000
    Size: 319,552 sqft
    Size: 374 units
    Cap Rate: 8.61%

  • 530-534 South Scoville Avenue

    530-534 South Scoville Avenue

    Multifamily

    Oak Park, IL
    Price: $1,020,000
    Size: 6,825 sqft
    Size: 06 units
    Cap Rate: 7.10%

  • 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%

  • 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%

  • Wrigleyville Vacant/User

    Wrigleyville Vacant/User

    Retail Vacant/User

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

  • 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%

  • 423 Washington Boulevard

    423 Washington Boulevard

    Multifamily

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

  • 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%

  • 1534 Park Avenue

    1534 Park Avenue

    Multifamily

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

  • 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%

  • Riverwood Apartment Homes

    Riverwood Apartment Homes

    Multifamily

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

  • 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%

  • 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%

  • Wells Street Apartments

    Wells Street Apartments

    Multifamily

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

  • 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%

  • 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%

  • 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%

  • 6244 South Martin Luther King Drive

    6244 South Martin Luther King Drive

    Multifamily

    Chicago, IL
    Price: $2,043,000
    Size: 55,600 sqft
    Size: 156 units
    Cap Rate: 21.59%

  • Mixed-Use Berwyn Portfolio

    Mixed-Use Berwyn Portfolio

    Multifamily

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

  • 320 Elgin Avenue

    320 Elgin Avenue

    Multifamily

    Forest Park, IL
    Size: 4,500 sqft
    Size: 06 units

  • 425 South Kenilworth

    425 South Kenilworth

    Multifamily

    Oak Park, IL
    Price: $900,000
    Size: 7,600 sqft
    Size: 10 units
    Cap Rate: -2.13%

  • 262-264 South Marion Street

    262-264 South Marion Street

    Multifamily

    Oak Park, IL
    Price: $1,409,975
    Size: 11,700 sqft
    Size: 14 units
    Cap Rate: 6.53%

  • 804-810 Harrison

    804-810 Harrison

    Multifamily

    Oak Park, IL
    Price: $1,750,000
    Size: 13,595 sqft
    Size: 25 units
    Cap Rate: 6.66%

  • Sunrise East & West Apartments

    Sunrise East & West Apartments

    Multifamily

    Geneva, IL
    Size: 52,000 sqft
    Size: 52 units

  • River West Apartments

    River West Apartments

    Multifamily

    Joliet, IL
    Price: $1,600,000
    Size: 37,725 sqft
    Size: 48 units
    Cap Rate: 11.83%

  • Rockford Apartments

    Rockford Apartments

    Multifamily

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

  • 1024 Hillcrest

    1024 Hillcrest

    Student Housing

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

  • 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%

  • Village Apartments

    Village Apartments

    Multifamily

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

  • 5870 West Lake Street

    5870 West Lake Street

    Multifamily

    Chicago, IL
    Price: $1,552,500
    Size: 34,800 sqft
    Size: 47 units

  • 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%

  • 2738 North Hessing Street

    2738 North Hessing Street

    Multifamily

    River Grove , IL
    Size: 7,800 sqft
    Size: 12 units

  • 2001-2007 West Belmont

    2001-2007 West Belmont

    Urban-High Street Retail

    Chicago, IL
    Size: 4,956 sqft

  • 3 Property Rockford Portfolio

    3 Property Rockford Portfolio

    Multifamily

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

  • 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%

  • 319 North Princeton

    319 North Princeton

    Multifamily

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

  • Parkside Apartments

    Parkside Apartments

    Multifamily

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

  • Stone Crossing

    Stone Crossing

    Multifamily

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

  • 300 Des Plaines

    300 Des Plaines

    Multifamily

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

  • 6724 South Chappel Avenue

    6724 South Chappel Avenue

    Multifamily

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

  • 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%

  • Hawthorne Woods

    Hawthorne Woods

    Multifamily

    Clinton, IA
    Size: 109,400 sqft
    Size: 116 units
    Cap Rate: 8.33%

  • 162 North Humphrey Avenue

    162 North Humphrey Avenue

    Multifamily

    Oak Park, IL
    Price: $755,000
    Size: 8,350 sqft
    Size: 10 units
    Cap Rate: 7.51%

  • 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%

  • Bank Owned - 1265 Cunningham Drive

    Bank Owned - 1265 Cunningham Drive

    Multifamily

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

  • 8911-8927 Gerritsen Avenue

    8911-8927 Gerritsen Avenue

    Multifamily

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

  • Superior & Edgewood Apartments

    Superior & Edgewood Apartments

    Multifamily

    Michigan City, IN
    Price: $1,950,000
    Size: 47,650 sqft
    Size: 53 units

  • 18-22 Lake Street

    18-22 Lake Street

    Urban-High Street Retail

    Oak Park, IL
    Price: $452,500
    Size: 3,920 sqft
    Cap Rate: 11.23%

  • Paulina Mansions

    Paulina Mansions

    Multifamily

    Oak Park, IL
    Price: $2,625,000
    Size: 28,800 sqft
    Size: 35 units

  • 730-734 Carpenter Avenue

    730-734 Carpenter Avenue

    Multifamily

    Oak Park, IL
    Price: $676,550
    Size: 7,500 sqft
    Size: 12 units
    Cap Rate: 6.82%

  • 914 Crain Street

    914 Crain Street

    Multifamily

    Evanston, IL
    Price: $1,390,000
    Size: 11,850 sqft
    Size: 15 units

  • Inverleith Apartments

    Inverleith Apartments

    Multifamily

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

  • 187-189 North Marion

    187-189 North Marion

    Multifamily, Office & Retail

    Oak Park, IL
    Price: $550,000
    Size: 9,000 sqft
    Size: 03 units
    Cap Rate: 15.81%

  • 285 North Richmond Avenue

    285 North Richmond Avenue

    Multifamily

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

  • Whispering Trails Apartments

    Whispering Trails Apartments

    Multifamily

    Naperville, IL
    Price: $7,500,000
    Size: 90,400 sqft
    Size: 96 units

  • 1534 Clinton Place

    1534 Clinton Place

    Multifamily

    River Forest, IL
    Price: $290,000
    Size: 2,330 sqft
    Size: 02 units
    Cap Rate: 4.76%

  • 1530 Clinton Place

    1530 Clinton Place

    Multifamily

    River Forest, IL
    Price: $290,000
    Size: 2,587 sqft
    Size: 02 units
    Cap Rate: 4.30%

  • 1051 Madison Street

    1051 Madison Street

    Multifamily

    Oak Park, IL
    Price: $660,000
    Size: 12,100 sqft
    Size: 20 units

  • 420 Beach Avenue

    420 Beach Avenue

    Multifamily

    La Grange Park, IL
    Size: 9,600 sqft
    Size: 12 units

  • 7-9 Park Avenue

    7-9 Park Avenue

    Multifamily

    River Forest, IL
    Price: $350,000
    Size: 5,265 sqft
    Size: 06 units
    Cap Rate: 5.64%

  • 7733 South Shore Drive

    7733 South Shore Drive

    Multifamily

    Chicago, IL
    Price: $1,655,000
    Size: 39,850 sqft
    Size: 65 units

  • 461 North Lake Street Apartments

    461 North Lake Street Apartments

    Multifamily

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

  • 349 Ashland Owner/User Opportunity

    349 Ashland Owner/User Opportunity

    Office Vacant/User

    River Forest, IL
    Price: $295,000
    Size: 1,781 sqft
    Cap Rate: 9.36%

  • 20 Units

    20 Units

    Multifamily

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

  • The Sutherland

    The Sutherland

    Multifamily

    Chicago, IL
    Price: $2,575,000
    Size: 82,730 sqft
    Size: 161 units

  • Park View/Park Grove Manor

    Park View/Park Grove Manor

    Multifamily

    Oak Park, IL
    Price: $3,750,000
    Size: 41,087 sqft
    Size: 34 units

  • Butterfield Apartments

    Butterfield Apartments

    Multifamily

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

  • 1001 West Madison

    1001 West Madison

    Multifamily, Office & Retail

    Oak Park, IL
    Price: $485,000
    Size: 5,913 sqft
    Size: 01 units
    Cap Rate: 9.54%

  • Woodland Courts Apartments

    Woodland Courts Apartments

    Multifamily

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

  • Ryan Green Apartments

    Ryan Green Apartments

    Multifamily

    Franklin, WI
    Price: $8,147,250
    Size: 105,280 sqft
    Size: 112 units
    Cap Rate: 7.68%

  • 111-113 W. Harrison

    111-113 W. Harrison

    Multifamily

    Oak Park, IL
    Price: $730,000
    Size: 6,000 sqft
    Size: 06 units
    Cap Rate: 4.23%

  • Coolspring Estates Apartments + 10 Acres of Vacant

    Coolspring Estates Apartments + 10 Acres of Vacant

    Multifamily

    Michigan City, IN
    Price: $5,185,000
    Size: 125,400 sqft
    Size: 130 units
    Cap Rate: 7.53%

  • Park Ridge Office Center

    Park Ridge Office Center

    Office

    Park Ridge, IL
    Price: $17,520,000
    Cap Rate: 9.15%

  • 301 N. Oak Park Ave.

    301 N. Oak Park Ave.

    Multifamily

    Oak Park, IL
    Price: $5,100,000
    Size: 42,248 sqft
    Size: 61 units
    Cap Rate: 5.29%

  • New Ritz Apartments

    New Ritz Apartments

    Multifamily

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

  • Hunters Landing Apartments

    Hunters Landing Apartments

    Multifamily

    Aurora, IL
    Price: $2,000,000
    Size: 36,882 sqft
    Size: 63 units
    Cap Rate: 1.45%

  • Westernview Townhomes

    Westernview Townhomes

    Multifamily

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

  • 255 S. Maple

    255 S. Maple

    Multifamily

    Oak Park, IL
    Price: $1,950,000
    Size: 16,215 sqft
    Size: 20 units
    Cap Rate: 4.77%

  • 1032 Washington

    1032 Washington

    Multifamily

    Oak Park, IL
    Price: $1,200,000
    Size: 01 sqft
    Size: 11 units
    Cap Rate: 11.55%

  • Woodland Courts

    Woodland Courts

    Multifamily

    Alsip, IL
    Price: $10,300,000
    Size: 116,400 sqft
    Size: 144 units
    Cap Rate: 7.92%

  • Highland Hills Apartments

    Highland Hills Apartments

    Multifamily

    BLOOMINGTON, IL
    Price: $2,900,000
    Size: 65,880 sqft
    Size: 72 units
    Cap Rate: 8.75%

  • Pleasant Oaks Apartments

    Pleasant Oaks Apartments

    Multifamily

    Oak Park, IL
    Price: $2,940,000
    Size: 26,850 sqft
    Size: 49 units
    Cap Rate: 7.75%

  • Mixed-Use

    Mixed-Use

    Multifamily, Office & Retail

    Oak Park, IL
    Price: $1,525,000
    Size: 16,700 sqft
    Size: 17 units
    Cap Rate: 7.69%

  • Bon Villa Apartments

    Bon Villa Apartments

    Multifamily

    Oak Park, IL
    Price: $3,868,000
    Size: 32,674 sqft
    Size: 93 units
    Cap Rate: 9.79%

  • Kennedy King Apartments

    Kennedy King Apartments

    Multifamily

    Chicago, IL
    Price: $5,485,000
    Size: 265,540 sqft
    Size: 304 units
    Cap Rate: 13.44%

  • Salem Cross Apartments

    Salem Cross Apartments

    Multifamily

    LANSING, IL
    Price: $9,700,000
    Size: 150,044 sqft
    Size: 192 units
    Cap Rate: 7.42%

  • Asbury Towers Retirement Community

    Asbury Towers Retirement Community

    Assisted Living Care

    North Aurora, IL
    Price: $5,000,000
    Size: 01 sqft
    Size: 224 units
    Cap Rate: 5.73%

  • 9 Units

    9 Units

    Multifamily

    Oak Park, IL
    Price: $660,000
    Size: 5,694 sqft
    Size: 09 units
    Cap Rate: 4.55%

  • Bloomington Portfolio

    Bloomington Portfolio

    Multifamily

    Bloomington, IL
    Price: $8,400,000
    Size: 180,292 sqft
    Size: 206 units
    Cap Rate: 8.00%

  • Northern Crossing

    Northern Crossing

    Multifamily

    Waukegan, IL
    Price: $39,550,000
    Size: 322,388 sqft
    Size: 340 units
    Cap Rate: 5.22%

  • 12 Units

    12 Units

    Multifamily

    Forest Park, IL
    Price: $777,500
    Size: 5,100 sqft
    Size: 12 units
    Cap Rate: 7.16%

  • Creekside Apartments

    Creekside Apartments

    Multifamily

    Jackson, MS
    Price: $1,450,000
    Size: 50,072 sqft
    Size: 70 units

  • Beauregard Village

    Beauregard Village

    Multifamily

    Jackson, MS
    Price: $3,000,000
    Size: 69,945 sqft
    Size: 73 units

  • Casa Grande Apartments

    Casa Grande Apartments

    Multifamily

    Jackson, MS
    Price: $2,103,000
    Size: 57,520 sqft
    Size: 89 units

  • Fox River Grove Apartments

    Fox River Grove Apartments

    Multifamily

    Fox River Grove, IL
    Price: $3,750,000
    Size: 28,800 sqft
    Size: 48 units
    Cap Rate: 7.63%

There are additional transactions closed, contact us for more.