Highland Gates
For Sale: Class-A 11-Unit Rental Townhome 100% Occupied Property in Itasca, IL (DuPage County)
Marketing description
Highland Parkway Townhomes – Prime Investment Opportunity in Itasca
Presenting an exceptional investment opportunity: a portfolio of 11 newer construction luxury townhomes located in the highly sought-after Highland Parkway Subdivision. Each unit features a spacious 3-bedroom, 2.5-bathroom floor plan, meticulously designed to deliver comfort, style, and functionality.
The homes boast modern open-concept layouts, highlighted by gourmet kitchens with stainless steel appliances and large islands ideal for both everyday living and entertaining. The main living areas are enhanced with rich hardwood flooring, creating a warm and sophisticated atmosphere.
Backing directly onto a picturesque park and tennis courts, residents enjoy a tranquil setting with built-in recreational amenities—perfect for families and outdoor enthusiasts alike.
Strategically located just minutes from the Itasca Metra station, major highways, and O’Hare International Airport, this property offers unmatched convenience and connectivity for commuters and travelers.
With stable in-place income and the opportunity to increase rents to market levels without capital improvements, this is a turnkey investment with significant upside potential.
Investment highlights
Class-A 11-unit condo rental property we currently have available in Itasca (DuPage County). All units are 3 bed / 2.5 bath, 2 car garage, newer construction, and located in a highly desirable location.
A few key highlights:
Projected stabilized performance reflects a full calendar year (Jan 1 – Dec 31, 2025). The P&L attached and seller’s financials include move-ins that occurred mid-year, so our marketing package provides a more accurate picture of stabilized operations.
Significant upside by raising remaining units to market rent of $3,600/month, without any capital improvements needed.
Direct access to a scenic park located behind the property — a great amenity for tenants.
Ideally situated off Rohlwing Road (Route 53), just north of Lake Street — minutes from major thoroughfares, the Itasca Metra Station, expressways, and O’Hare Airport.
This opportunity is a perfect fit for a 1031 exchange looking to place ~$2M or for an investor seeking a high-quality, low-maintenance, cash-flowing asset.
We’d be happy to schedule a property tour or provide further details.
Please feel free to contact me directly:
Anthony Catanese – (630) 333-3560
or
Rocco Zaccaro – (630) 207-4434Look forward to connecting!
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