Listed by Marcus & Millichap - Chicago Oak Brook
Unpriced
Iron Gate Apartments
Details
APN 0513415023
Property Type Multifamily
Square Footage 132,010
Units 180
Stories 2
Acreage 8.420
Recently Renovated 180-Unit Multifamily Property in Glen Ellyn, Illinois
Marketing description
Marcus & Millichap has been selected to exclusively market for sale Iron Gate Apartments, a 180-unit multifamily property in Glen Ellyn, Illinois. This investment offers an investor the opportunity to acquire a well-maintained, mostly renovated asset with numerous capital improvements, upside potential in rents, and a desirable DuPage County location.
Investment highlights
- $3,870,000 in Recent Capital Improvements
- Approximately 95% of Units are Remodeled
- Desirable DuPage County Location
- Glenbard South High School: Ranked #42 in Illinois (U.S. News)
- Median Household Income within One Mile is $110,221
- Assumable Debt: 3.15% Interest Rate, 30 Year Amort. with 6 Years Remaining and Potential to Add a Supplemental Loan
Listing Contacts
Listed by Marcus & Millichap - Chicago Oak Brook
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