Press Releases
Marcus & Millichap Facilitates Sale of 71-Unit Mixed-Use Property in Chicago Suburb
July 06, 2026
TINLEY PARK, Ill., July 6, 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 Boulevard at Central Station, a mixed-use property comprising 66 multifamily units and five first-floor retail spaces in Tinley Park.
“Boulevard at Central Station offered a rare opportunity to acquire a newly constructed, luxury transit-oriented community in a strong suburban multifamily market,” said Ryan D. Engle, senior managing director investments. “As demand from Chicago-area commuters continues to support the Tinley Park multifamily market and downtown revitalization gains momentum, the property is well positioned for long-term growth.”
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.
Boulevard at Central Station, located at 6701-6723 South Street, features a mix of one- and two-bedroom multifamily units and five retail suites across 73,216 rentable square feet. Built in 2021, the property includes amenities such as a clubhouse, fitness studio, yoga room, smart home technology, an outdoor lounge and a dog wash. The community is directly across from Harmony Square, a newly opened entertainment plaza, and the Tinley Park Metra Station, providing convenient access to downtown Chicago, less than 30 miles away.
“Boulevard at Central Station offered a rare opportunity to acquire a newly constructed, luxury transit-oriented community in a strong suburban multifamily market,” said Ryan D. Engle, senior managing director investments. “As demand from Chicago-area commuters continues to support the Tinley Park multifamily market and downtown revitalization gains momentum, the property is well positioned for long-term growth.”
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.
Boulevard at Central Station, located at 6701-6723 South Street, features a mix of one- and two-bedroom multifamily units and five retail suites across 73,216 rentable square feet. Built in 2021, the property includes amenities such as a clubhouse, fitness studio, yoga room, smart home technology, an outdoor lounge and a dog wash. The community is directly across from Harmony Square, a newly opened entertainment plaza, and the Tinley Park Metra Station, providing convenient access to downtown Chicago, less than 30 miles away.
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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 www.MarcusMillichap.com.
