214 N Walnut St - Apartments FOR SALE


Bensenville, IL 60106
$4,900,000 USD
847-834-9868
214 N Walnut St, Bensenville, IL for Sale
$4,900,000 USD
Apartments - FOR SALE
1/55
null | Request Cap Rate

214 N Walnut St
Bensenville, IL 60106


HIGHLIGHTS

  • Rarely Available Rental Product - 3Bd/2.5Ba Townhomes (1,970 SF)
  • Strong Rental Activity - 60% Leased in 75 Days
  • Low Expense Burden - All Utilities Tenant-Paid
  • .5 Miles to Metra and Less than Two (2) Miles from O'Hare International Airport
  • Strong Household Income - $92,585 Average
  • Several Nearby Employment Drivers - Logistics, Transportation, and Manufacturing

OVERVIEW

Essex Realty Group, LLC has been exclusively engaged to market for sale Walnut Grove Townhomes, a 10-unit townhome rental community located at 214 North Walnut Street in Bensenville, IL. Newly constructed in 2026, the property offers a rare opportunity to acquire a brand-new, maintenance-free asset producing stable in-place cash flow from day one. The community comprises of ten spacious three-bedroom, two-bath townhomes averaging approximately 1,970 square feet, each finished with stainless steel appliances, quartz countertops, in-unit laundry, individual HVAC, private decks, and attached two-car garages. Location Summary Bensenville is one of Chicagoland's most established logistics and employment hubs, situated roughly one mile from O'Hare International Airport and anchored by one of the largest industrial parks in Illinois and more than 1,300 area businesses. The property sits near the Metra Milwaukee District West line and benefits from immediate access to I-290, I-294, and the IL-390 (Elgin-O'Hare) Expressway, placing tenants minutes from the region's largest concentration of airport, cargo, and distribution employment. For an investor seeking new construction quality, dependable cash flow, and a durable suburban rental market, Walnut Grove Townhomes represents a compelling and well-positioned offering.

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$249 USD /SF

# OF UNITS

10

PRICE/UNIT

$490,000

CAP RATE

Request Cap Rate

% LEASED

60%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walnut Grove Townhomes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

-

APN/PARCEL ID

03-14-204-026

ASK ABOUT THIS PROPERTY

Brian KarmowskiEssex Realty Group, LLCMore Info
847-834-9868

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Brian KarmowskiEssex Realty Group, LLCMore Info
847-834-9868

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