205 Sandra Ave - Apartments FOR SALE


Mendota, IL 61342
$4,500,000 USD
312-282-1060
205 Sandra Ave, Mendota, IL for Sale
$4,500,000 USD
Apartments - FOR SALE
1/19
null | 5.43% Cap Rate

205 Sandra Ave
Mendota, IL 61342


OVERVIEW

Wentworth Commons presents a compelling multifamily investment opportunity in Mendota, Illinois, with historically low vacancy, strong in-place cash flow, and meaningful operational upside. The 56-unit property has undergone over $750,000 in capital improvements—including 80% unit renovations, new mini-splits, upgraded insulation, exterior enhancements, and LED lighting—positioning it as a turnkey asset in a supply-constrained market where vacancies rarely exceed 30 days. Current ownership has demonstrated consistent year-over-year NOI growth, reaching $244,308 in 2025, supported by stable rents, short-term corporate tenancy in select units, and disciplined expense management. With additional value available through renovating the remaining classic units and optimizing operations, Wentworth Commons offers investors a stabilized yet scalable asset in a growing regional economy anchored by manufacturing, healthcare, and transportation employers.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$79 USD /SF

# OF UNITS

56

PRICE/UNIT

$80,357

CAP RATE

5.43%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wentworth Commons

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.33 AC

LAND SF

144,887 SF

ZONING

R-3

APN/PARCEL ID

01-32-421015

ASK ABOUT THIS PROPERTY

David SchwalbSchwalb Realty Group, IncMore Info
312-282-1060

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David SchwalbSchwalb Realty Group, IncMore Info
312-282-1060

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.