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GLEN ELLYN, IL-A 120-unit, eight-building multifamily rental complex in this west suburb of Chicago has been sold for $6 million, about six times its gross rental income. AGN Management of west suburban Forest Park bought the Parkside Apartments from Parkside Limited Partnership.

The complex, which is about 35 years old, consists mainly of one-bedroom units. There are 32 two-bedroom units in addition to the 88 one-bedroom units at 16 Parkside Ave.

Inland Real Estate Sales assistant vice president Robert J. Edmiston, senior vice president Charles Hold, CCIM, and associate Dan Stratis worked on behalf of Parkside Limited Partnership, which also was represented by attorney Gary Pechter of west suburban Oak Brook. AGN Management was represented by attorney Nick Mlade.

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