Chicago Oak Brook Office
One Mid-America Plaza
Suite 200
Oakbrook Terrace, IL 60181
Office: (630) 570-2200

Chicago Oak Brook office page

Apartments

Eric P. Bell

Senior Managing Director Investments

We are proud to have successfully closed over 525 career transactions since 1994, establishing ourselves as a core Chicagoland apartment team within Marcus & Millichap.

Hired in 1994 as the 15th broker within Marcus & Millichap’s Chicagoland market, our team has helped grow Marcus & Millichap’s midwestern and national presence. We have sold extensive multifamily and mixed-use properties in both urban and suburban settings, as well as throughout the secondary and tertiary midwestern markets, across all age and income levels. We have also represented high profile clients and institutions, as well as many private families and partnerships. This breadth of knowledge of the local markets paired with 25 years’ experience throughout the changing real estate cycles has finely honed our ability to follow through on complex assets from analysis to escrow to close.

We pride ourselves on our specialization within the multifamily asset class but also recognizing the nuances of the diverse submarkets within the area and different product types. Our team has become well-synced as we have represented sellers of low-income housing, B- to C- workforce housing and high-end luxury communities. Eric is active in several local and national organizations, including the Chicago Apartment Association (CAA), the Real Estate Investment Association (REIA), the Greater Austin Development Association (GADA) and the National Multi-Housing Council (NMHC), further diversifying our knowledge of regional and national markets. Our clients trust our realistic and efficient approach to brokerage and know they can reach us seven days a week. Because of this, we are often chosen to tackle intricate assignments for our sellers.

As a firm, Marcus & Millichap has expanded beyond to international markets as a publicly-traded company our team has remained a constant in Chicagoland as the local lineup grew from those first 15 brokers to a collaborative team of over 90 investment professionals.

License: IL: 475.144220

Achievements

  • Top 10 Investment Professional: 2001
  • Chairman's Circle of Excellence (CCOE): 2003
  • Chairman's Club (CC): 2005, 2004, 2003, 2002, 2001
  • National Achievement Award: 2018, 2017, 2016, 2015, 2014, 2012, 2011, 2007, 2006, 2005, 2004, 2003, 2002, 2001, 2000, 1999, 1998, 1997
  • Sales Recognition Award: 2020, 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2008, 2007, 2006, 2005, 2004, 2003, 2002, 2001, 2000, 1999, 1998, 1997, 1996
  • SIA Induction: 2000

Featured Closings

Closed

Apartments

301 N. Oak Park Ave.

Oak Park, IL

Number of Units: 61

Closed

Apartments

Ridgebrook Court Apartments

DeKalb, IL

Number of Units: 180

Closed

Apartments

Northgate Apartments

Addison, IL

Number of Units: 108

Closed

Apartments

Hampshire House

Forest Park, IL

Number of Units: 48

Closed

Apartments

Park View/Park Grove Manor

Oak Park, IL

Number of Units: 34

Closed

Apartments

Heartland Village Apartments

Normal, IL

Number of Units: 144

Closed

Apartments

Cedar Ridge Apartment Homes

Richton Park, IL

Number of Units: 192

Closed

Apartments

Riverside Plaza

Algonquin, IL

Number of Units: 69

Closed

Apartments

Paulina Mansions

Oak Park, IL

Number of Units: 35

Closed

Apartments

West Ridge Apartments

Dekalb, IL

Number of Units: 156

Closed

Apartments

Lakeshore Dunes Apartments

Gary, IN

Number of Units: 680

Closed

Apartments

A&E Luxury Apartments

Bensenville, IL

Number of Units: 29

Closed

Apartments

421 South Elmwood Avenue

Oak Park, IL

Number of Units: 26

Closed

Apartments

Maple Court Apartments

Naperville, IL

Number of Units: 48

Closed

Apartments

Riverwood Apartment Homes

Lansing, IL

Number of Units: 354

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