FOR SALE: 7-Unit Condo Rental Portfolio – Glendale Heights, IL
Addresses Included:
1246 Prairie Ave Unit A
1277 Prairie Ave Unit C
496 Darlene Ln Unit B
488 Darlene Ln Unit D
495 Sidney Ave Unit D
1295 Pearl Ave Unit D
418 James Ct Unit B
This is a rare opportunity to acquire a stabilized 7-unit 2-bed/1-bath rental portfolio located across multiple buildings in a well-established residential pocket of Glendale Heights, IL. These condo units have been under the same long-term ownership for approximately 20 years, with ownership now looking to cash out of a legacy investment.
All seven units are fully leased with long-term, stable tenants in place. These “sticky” renters have expressed no desire to relocate, providing a reliable and consistent income stream. Rents are currently below market, offering an immediate value-add opportunity through strategic rent increases without the need for major renovations.
Investment Highlights:
(7) Two-Bedroom / One-Bathroom Units
Fully Occupied with Leases in Place
Strong In-Place Cash Flow
Opportunity to Raise Rents to Market Levels
Proven Tenant Retention History
Professionally Managed Community
This is a turnkey portfolio perfect for investors seeking immediate cash flow with upside potential in a high-demand rental market. Whether you’re a seasoned operator looking to expand your portfolio or a new investor seeking stable returns, this Glendale Heights package checks all the boxes.
Contact us today for rent roll, leases, financials, and to schedule a tour.
Rocco-630.207.4434
Anthony-630.333.3560