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1710-1791 Putnam Ave
Normal, IL 61761

Harvest View · Multifamily Property For Sale · 144 Units

Investment Highlights

  • Heartland Village offers the opportunity to acquire a furnished and pet-friendly student housing and off-campus housing complex.
  • Minutes to Heartland Community College, Illinois State University, Illinois Wesleyan University, which collectively enroll more than 23,000 students.
  • The desirable 144-unit apartment complex was built in 2007 and is 98% leased, removing the need to undergo a lease-up strategy by new owners.
  • Heartland Village is enveloped by many retail staples and casual dining options including Target, Jewel Osco, Moe’s, and Starbucks.

PROPERTY FACTS

No. Units 144
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 8.38 AC
Building Size 172,800 SF
Average Occupancy 83%
No. Stories 2
Year Built 2007
Parking Ratio 0.92/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Heating
  • Tile Floors
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Range
  • Carpet
  • Wheelchair Accessible (Rooms)

Site Amenities

  • Clubhouse
  • Fitness Center
  • Pool
  • Furnished Units Available
  • Individual Locking Bedrooms
  • Individual Leases Available

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 144 - 1,200

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-20-100-012
Land Assessment
$382,595
Improvements Assessment
$2,693,433
Total Assessment
$3,076,028

zoning

Zoning Code R-3A (General Residential - Mountain Resort)
R-3A (General Residential - Mountain Resort)
  • Listing ID: 25495569

  • Date on Market: 4/18/2022

  • Last Updated:

  • Address: 1710-1791 Putnam Ave, Normal, IL 61761

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