Description

We present 423 units Apartment, in good condition and considerable upside for the next owner. The current owner has been achieving a 24% return on renovation costs, with upgrade premiums in excess of $200 per unit. The property is just 14 miles from downtown Chicago and has received significant capital investment. The units are well designed with a mix of studios, one bedroom and two bedroom layouts. Each building contains a laundry room, all of which were recently renovated and upgraded with new machines. Additionally, the property contains 447 parking spaces. There is an option to assume an existing Fannie Mae loan.

Posted Nov 8, 2016

Did you know that social networking is a great way to buy a business? Sign up now and we'll show you how.

By clicking "Sign Up" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.