5152 Fairview Ave - Apartments FOR SALE


Downers Grove, IL 60515
$1,600,000 USD
630-984-4701
5152 Fairview Ave, Downers Grove, IL for Sale
$1,600,000 USD
Apartments - FOR SALE
1/4
null | 5.21% Cap Rate

5152 Fairview Ave
Downers Grove, IL 60515


HIGHLIGHTS

  • 10 Units
  • Zoned R-6
  • Strategic location in Downers Grove Area

OVERVIEW

Introducing a prime multifamily investment opportunity in Downers Grove, IL. This impressive property boasts a 6,895 SF building with 10 units, offering a lucrative investment potential. Built in 1960, the property features a desirable low-rise/garden layout and is strategically zoned R-6. Situated in the sought-after Downers Grove area, this property presents an attractive prospect for investors seeking a well-maintained, income-generating asset. With its solid construction, ample living space, and favorable zoning, this multifamily property is poised to deliver long-term value and attractive returns in the thriving Downers Grove market.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$229 USD /SF

# OF UNITS

10

PRICE/UNIT

$160,000

CAP RATE

5.21%

% 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

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,391 SF

ZONING

R-6

APN/PARCEL ID

09-08-411-030

ASK ABOUT THIS PROPERTY

CJ McCannKeller Williams Premiere PropertiesMore Info
630-984-4701

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CJ McCannKeller Williams Premiere PropertiesMore Info
630-984-4701

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