1211 Homestead Rd - Apartments FOR SALE
La Grange Park, IL 60526 |
$1,190,000 USD
630-546-4276
1211 Homestead Rd
La Grange Park, IL 60526
HIGHLIGHTS
- 7 unit all brick multifamily building located in a highly desirable suburban market near Downtown La Grange
- Unit mix consists of seven 1 bedroom 1 bathroom apartments with strong and consistent tenant demand
- Ongoing ownership investment with several units renovated and in place rents pushed to current market levels
- Unit A currently vacant and under renovation with expected lease up prior to closing creating a stabilized income profile
- In place rents around $1,499 per month supported by coin operated laundry, 10 on site parking spaces, and approximately $91,367 in annual NOI
FOR SALE DETAILS
PRICE
$1,190,000 USD
PRICE/SF
$229 USD /SF
# OF UNITS
7
PRICE/UNIT
$170,000
CAP RATE
7.68%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1957
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.26 AC
LAND SF
11,215 SF
ZONING
-
APN/PARCEL ID
15-28-420-009-0000,15-28-420-010-0000
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
630-546-4276
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
630-546-4276
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
