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A Deconversion Opportunity 18310-18340 Cherry Creek dr

32 Unit Apartment Building $3,900,000 ($121,875/Unit) 7.04% Cap Rate Homewood, IL 60430

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Investment Highlights

Below Market Rents
Private Balconies
Near I-294, Walking Distance to Western Avenue Elementary School, Mix of Vintage and Rehabbed

All 2BR Units
Walk-In Closets, Individual Electric

Property Facts Under Contract

Price	$3,900,000	Apartment Style	Garden
Price Per Unit	$121,875	Building Class	C
Sale Type	Investment	Lot Size	1.78 AC
Cap Rate	7.04%	Building Size	43,066 SF
No. Units	32	No. Stories	2
Property Type	Multifamily	Year Built	1968
Property Subtype	Apartment

Price	$3,900,000
Price Per Unit	$121,875
Sale Type	Investment
Cap Rate	7.04%
No. Units	32
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Garden
Building Class	C
Lot Size	1.78 AC
Building Size	43,066 SF
No. Stories	2
Year Built	1968