630 Westmoreland Dr - Multi-Family FOR SALE


Vernon Hills, IL 60061
$699,900 USD
708-899-0453
630 Westmoreland Dr, Vernon Hills, IL for Sale
$699,900 USD
Multi-Family - FOR SALE
1/18
null | 4.18% Cap Rate

630 Westmoreland Dr
Vernon Hills, IL 60061


HIGHLIGHTS

  • Five-unit multifamily building totaling approximately 3,234 SF
  • Located in the desirable, supply-constrained Vernon Hills submarket
  • Quiet residential setting near employment centers, retail, and regional transportation
  • Strong tenant demand supported by high household incomes and quality schools

OVERVIEW

630 Westmoreland Drive presents an attractive multifamily investment opportunity in the highly desirable suburb of Vernon Hills. This property consists of a well-maintained five-unit apartment building totaling approximately 3,234 square feet, offering a stable unit mix and strong long-term fundamentals. Located within a quiet residential neighborhood, the property benefits from proximity to major employment centers and nationally ranked school systems. These fundamentals position Vernon Hills as a resilient suburban rental market, offering investors durable cash flow, defensive downside protection, and long-term appreciation potential driven by constrained supply and sustained tenant demand.

FOR SALE DETAILS

PRICE

$699,900 USD

PRICE/SF

$216 USD /SF

# OF UNITS

5

PRICE/UNIT

$139,980

CAP RATE

4.18%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,326 SF

ZONING

-

APN/PARCEL ID

15-08-111-009-0000

ASK ABOUT THIS PROPERTY

Jack DoyleEssex 312, LLCMore Info
708-899-0453

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Jack DoyleEssex 312, LLCMore Info
708-899-0453

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