315–319 N Princeton Avenue is a 20-unit apartment portfolio consisting of two adjacent 10-unit buildings in Villa Park, Illinois. The portfolio features a strong unit mix of 20 2Bd/1Ba apartments totaling 6,600 NRSF across both buildings. Ownership has completed meaningful recent capital improvements, including new balconies, 2022–2023 tuckpointing, a 2022 full tear-off roof at 319, an updated boiler, ongoing window and sliding door replacements, and several renovated units. These improvements enhance long-term durability and reduce near-term CapEx exposure. The portfolio offers strong in-place income with meaningful upside through achievable rent growth. Current average rents of $1,125 per unit are below market levels near $1,450, representing a $325 per unit per month (˜29%) rent gap across all 20 apartments. At stabilization, the property is expected to support a stabilized 7.25% cap rate, achievable through measured rent adjustments and continued efficient management.