New Listing 10-Unit Value-Add Multifamily Property For Sale Blue Island IL

  2149-2151 W 119th St Blue Island, IL 

 SOLD!

Investment Highlights

• Fully Occupied Ten Unit Multifamily Offering
• Value-Add Investment Opportunity, Below Market Rents
• Month-to-Month Lease Offering Flexibility to Renew, Re-let, Renovate
• Off-Street Parking, Storage and Laundry Facility

Map Overview

 

Investment Overview

Marcus and Millichap is pleased to present to market this fully occupied 10-unit value-add multifamily offering in Blue Island, Illinois, a southern suburb of Chicago. The property consists of two adjacent 5-unit brick apartment buildings each containing four one-bedroom units and one two-bedroom unit. Amenities include off-street parking, storage units, and on-site laundry in each building.

Each unit has written month-to-month leases offering the flexibility to retain these tenants, renew or renovate and release at higher market rents as each unit is approximately $150 below current market rent for the area.

The property is located approximately 16 miles south of Chicago's Loop two blocks from the 119th St Metra Station, 119th Street & Vincennes Bus Stop, and two-minutes from Interstate 57.

https://www.creconsult.net/listings/new-listing-10-unit-value-add-multifamily-property-for-sale-blue-island-il/

152 Unit Multifamily Property For Sale Victorian Apartments Montgomery IL

PRICE REDUCED!

CALL FOR OFFERS DUE tuesday MAY 5TH, 2021 @ 5Pm

Victorian Apartments

  800-834 Victoria Dr. Montgomery, IL 60538

LISTING PRICE: $14,250,000  $13,950,000

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[table] Cap Rate, 6.13% Number of Units, 152 GRM, 8.05 Occupancy, 95% Price/Unit, $91776 Price/Gross SF, $130.13 Gross SF, 107200 [/table]

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Investment Highlights

• 152 Unit Suburban Multifamily Property
• 32 Studios, 72 One-Bedrooms & 48 Two-Bedrooms
• Clubhouse with Office, Laundry Facilities, Fitness Area, Outdoor Pool, and Courtyard
• Located in Montgomery Illinois | 40 Miles Southwest of Downtown Chicago
• Upgraded Kitchens and Baths
• Tenant Paid Electric Baseboard Heat
• Value-add component, upside in rents

Map Overview

Investment Overview

Marcus & Millichap is proud to present to market Victorian Apartments, a 152-unit apartment community located in west suburban Montgomery, Illinois bordering Kendall County to the South, the fastest growing county in Illinois, and the City of Aurora, IL to the East, the second-largest city in Illinois.

The subject property is approximately 40 miles southwest of downtown Chicago. Victorian Apartments consists of 16 two and three-story apartment buildings and clubhouse spread out over almost 10 acres; offering 32 large studios, 72 one-bedrooms, and 48 two-bedroom apartment homes. Community amenities include a clubhouse, an on-site management office, laundry facilities, a fitness area, an outdoor pool, a central courtyard area with a playground, and ample off-street parking. Each unit has separately metered, tenant paid, low maintenance, electric baseboard heating, and ac sleeve units. Units have updated kitchens and baths.

 

https://www.creconsult.net/listings/152-unit-multifamily-property-for-sale-victorian-apartments-montgomery-il/

Medical Office - Surgical Center For Sale Roosevelt Rd Glen Ellyn

   

sold!

  1186 Roosevelt Rd Glen Ellyn, IL 60137

SOLD: $1,050,000

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Square Feet: 3805 Acres: 1.04 Built/Reno: 1983/2009 Occupancy: Vacant Type: Medical/Surgical

Investment Overview

Free-standing, fully built-out suburban Medical Office - Surgical Center property. The subject property is approximately 20 miles west of downtown Chicago on busy Roosevelt Road in Glen Ellyn, Illinois, DuPage County, seconds from the Interstate 355 tollway entrance and Interstates 88 and 294 interchanges for easy access by employees and patients.

Situated on a little over one acre, this 3,805-square foot, single-tenant medical office property is well suited for a number of uses including urgent care, surgical, plastic surgery, pain management, and general medical office. The current layout offers a reception and waiting room, two operating rooms, a recovery room, a lab, a clean room, a lead-lined x-ray room, five restrooms (one ADA compliant), two exam rooms, an administrative office, medical record storage, and oxygen storage.

The property is in excellent condition, gut renovated in 2009, a new roof installed in 2017, new HVAC, and a repaved parking lot in 2018. Current ownership performs regular monthly maintenance inspections, repairs, and replacements, as necessary.

Investment Highlights

• Excellent DuPage County Location on Busy Roosevelt Road Seconds from Interstate 355
• Free-Standing, Single-Tenant Fully Built-Out Medical Office / Surgical Facility
• Ideal for Urgent Care, Surgical and Medical Office Use
• Gut Renovation 2009, New Roof, Parking Lot and HVAC Done in 2017 and 2018
• Ideal Owner-Occupied, Investment or Redevelopment Opportunity

Map Overview

https://www.creconsult.net/listings/medical-office-surgical-center-for-sale-roosevelt-rd-glen-ellyn/

Medical Office - Surgical Center For Sale Roosevelt Rd Glen Ellyn

   

sold!

  1186 Roosevelt Rd Glen Ellyn, IL 60137

SOLD: $1,050,000

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Square Feet: 3805 Acres: 1.04 Built/Reno: 1983/2009 Occupancy: Vacant Type: Medical/Surgical

Investment Overview

Free-standing, fully built-out suburban Medical Office - Surgical Center property. The subject property is approximately 20 miles west of downtown Chicago on busy Roosevelt Road in Glen Ellyn, Illinois, DuPage County, seconds from the Interstate 355 tollway entrance and Interstates 88 and 294 interchanges for easy access by employees and patients.

Situated on a little over one acre, this 3,805-square foot, single-tenant medical office property is well suited for a number of uses including urgent care, surgical, plastic surgery, pain management, and general medical office. The current layout offers a reception and waiting room, two operating rooms, a recovery room, a lab, a clean room, a lead-lined x-ray room, five restrooms (one ADA compliant), two exam rooms, an administrative office, medical record storage, and oxygen storage.

The property is in excellent condition, gut renovated in 2009, a new roof installed in 2017, new HVAC, and a repaved parking lot in 2018. Current ownership performs regular monthly maintenance inspections, repairs, and replacements, as necessary.

Investment Highlights

• Excellent DuPage County Location on Busy Roosevelt Road Seconds from Interstate 355
• Free-Standing, Single-Tenant Fully Built-Out Medical Office / Surgical Facility
• Ideal for Urgent Care, Surgical and Medical Office Use
• Gut Renovation 2009, New Roof, Parking Lot and HVAC Done in 2017 and 2018
• Ideal Owner-Occupied, Investment or Redevelopment Opportunity

Map Overview

https://www.creconsult.net/listings/medical-office-surgical-center-for-sale-roosevelt-rd-glen-ellyn/