4209 W 115th St | Alsip, IL 60803
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This Multifamily Property is no longer advertised on LoopNet.com.
4209 W 115th St
Alsip, IL 60803
Crestline Villa Apartments · Multifamily Property For Sale · 144 Units
Investment Highlights
- Strong Performing Asset - Current Cap Rate: 6.28%
- Value-Add Opportunity – 25-33% Rental Increases on Remodeled Units
- Desirable Unit Mix: (96) 2Bd/1Ba & (48) 1Bd/1Ba Units
- High Occupancy - 99% Leased
- Several Recent Capital Expenditures – Over $1.5M Spent in Last Two Years
- Attractive Six (6) Acre Site with Ample Greenspace
PROPERTY FACTS
No. Units | 144 | Building Size | 141,557 SF |
Property Type | Multifamily | Average Occupancy | 100% |
Property Subtype | Apartment | No. Stories | 3 |
Apartment Style | Garden | Year Built | 1972 |
Building Class | C | Parking Ratio | 20.44/1,000 SF |
Lot Size | 5.63 AC |
No. Units | 144 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 5.63 AC |
Building Size | 141,557 SF |
Average Occupancy | 100% |
No. Stories | 3 |
Year Built | 1972 |
Parking Ratio | 20.44/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
Site Amenities
- Controlled Access
- Laundry Facilities
- Pet Play Area
- Storage Space
- Maintenance on site
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 72 | - | 765 |
2+1 | 72 | - | 865 |
PROPERTY TAXES
PROPERTY TAXES
Parcel Numbers
Multiple
- 24-22-421-024-0000
- 24-22-421-026-0000
- 24-22-421-036-0000
- 24-22-421-028-0000
- 24-22-421-033-0000
- 24-22-421-034-0000
- 24-22-421-023-0000
- 24-22-421-025-0000
- 24-22-421-027-0000
- 24-22-421-031-0000
- 24-22-421-029-0000
- 24-22-421-035-0000
- 24-22-421-037-0000
- 24-22-421-030-0000
- 24-22-421-032-0000
Land Assessment
$135,726
Improvements Assessment
$1,093,631
Total Assessment
$1,229,357
zoning
Zoning Code | R-2, Alsip |
R-2, Alsip |
Learn More About Investing in Apartment Buildings
Listing ID: 26611301
Date on Market: 9/12/2022
Last Updated:
Address: 4209 W 115th St, Alsip, IL 60803
The Near South Cook Multifamily Property at 4209 W 115th St, Alsip, IL 60803 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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