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CHICAGO-A 152-unit Peoria area multifamily complex has been sold for $10.1 million. Marcus & Millichap Real Estate Investment Brokerage Co. senior investment associate Scott Harris, a director of the firm’s national multi-housing group, represented the seller, a Central Illinois developer.

The Knoxville Pointe Apartments in Dunlap, IL was 100% occupied at the time of sale. Monthly rents range from $649 to $771 per month for the one- and two-bedroom units in the complex.

The property was marketed to more than 600 investment specialists in Encino, CA-based Marcus & Millichap’s system.

Besides selling at $66,447 per unit, the deal was at $66 per sf. The property at 1700 W. Hickory Grove Rd. also includes 10 acres. The property’s amenities include a swimming pool with sun deck, fitness center and community center.

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