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34367519
34367546

6342 Hennings Court, Morton Grove, IL 60053 For Sale

IM
IL 475145659
Century 21 Realty Associate
Listed by Century 21 Realty Associate
$1,128,000
5 days on market
Updated 4 days ago

6342 & 6344 Hennings Court

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 3,800
Units 2
Tenancy Vacant
Rent Bumps No
Year Built 2025
Parking Spaces 2 per unit

About This Property for Sale

Marketing description

Rare Opportunity to Acquire Two Brand-New Luxury Townhomes in Morton Grove

Purchase one or both! (6342 & 6344 Hennings Court,Morton Grove, IL 60053) An exceptional opportunity to own two adjacent newly constructed (2025) luxury townhomes in the highly desirable Park Villa Townhomes community. These modern residences offer an ideal combination of stable rental income potential, low-maintenance ownership, and long-term appreciation in one of Chicago's most sought-after North Shore suburbs. Each home offers approximately 1,896 square feet, 3 bedrooms, 3 full bathrooms, and an attached 2-car garage, thoughtfully designed with contemporary finishes and an open-concept layout.

Investment Highlights

  • Buy One or Both – Perfect opportunity for investors, 1031 exchange buyers, or those looking to build a residential rental portfolio with two adjacent properties.
  • Excellent Rental Income Potential – Estimated market rent of $4,300–$4,500 per month per unit, providing attractive cash flow with an estimated gross rental yield approaching 9.6%.
  • Brand-New Construction (2025) – Everything is new, minimizing near-term capital expenditures and maintenance costs while maximizing tenant appeal.
  • Turnkey Investment – Move-in ready with designer finishes, spacious open living areas, luxury kitchens, and modern bathrooms.
  • Low-Maintenance Ownership – Monthly HOA includes exterior maintenance, lawn care, and snow removal, reducing landlord responsibilities.
  • Highly Desirable Rental Market – Morton Grove continues to attract professionals and families seeking newer homes, quality schools, and convenient access to downtown Chicago.
  • Prime North Shore Location – Minutes from I-94, Metra, shopping, dining, parks, and major employment centers, supporting strong long-term rental demand.
  • Top-Rated School Districts – Located within Morton Grove School District 70 and Niles Township High School District 219, making these homes attractive to long-term family tenants.
  • Modern Three-Level Design – Flexible floor plan featuring 3 bedrooms, 3 full bathrooms, an attached 2-car garage, generous storage, and contemporary living spaces ideal for today's renters.
  • Strong Appreciation Potential – Limited inventory of newly built townhomes in the North Shore creates an excellent opportunity for long-term value growth while generating rental income.

Whether you're expanding your investment portfolio, completing a 1031 exchange, or purchasing a high-quality, low-maintenance rental property, this is a rare opportunity to acquire one or both brand-new luxury townhomes in an outstanding Morton Grove location. Live in one and lease the other, or maximize your investment by renting both.

Investment highlights

  • Excellent Rental Potential – Estimated market rent of approximately $4,300–$4,500/month, offering an estimated gross rental yield of up to 9.6% and an estimated 6%–7% cap rate before financing, depending on operating assumptions.
  • Brand-New 2025 Construction – New construction significantly reduces near-term capital expenditures and maintenance costs compared to older properties. Everything is new, providing peace of mind for investors.
  • Turnkey Investment – Move-in ready with modern finishes and contemporary design, making it attractive to high-quality tenants seeking newer housing.
  • Highly Desirable Rental Market – Located in Morton Grove, a sought-after North Shore suburb with strong demand from professionals and families due to convenient commuting and quality schools.
  • Low-Maintenance Ownership – HOA covers exterior maintenance, lawn care, and snow removal, reducing landlord responsibilities and ongoing maintenance concerns.
  • Prime Commuter Location – Minutes to I-94, Metra, shopping centers, restaurants, parks, and major employment corridors, enhancing long-term rental demand.
  • Top-Rated School Districts – Served by District 70 and Niles Township High School District 219, an important factor for attracting long-term family tenants.
  • Modern Three-Level Floor Plan – Approximately 1,896 SF with 3 bedrooms, 3 full bathrooms, attached 2-car garage, and flexible living space that appeals to executives, relocating families, and professionals.
  • Strong Long-Term Appreciation Potential – Limited inventory of newly built townhomes in the area helps support future value appreciation while providing stable rental income.

Listing Contacts

IM
IL 475145659
Century 21 Realty Associate
Listed by Century 21 Realty Associate

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Additional Information

Name
Ivan Man
License
475145659
Brokerage Address
2301 South Archer Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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