AIA /// 10 UNITS /// RIVER GROVE | 8101 Grand Ave
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AIA /// 10 UNITS /// RIVER GROVE 8101 Grand Ave
10 Unit Apartment Building $1,550,000 ($155,000/Unit) 7.78% Cap Rate River Grove, IL 60171
Investment Highlights
- All 2-Bedroom Apartments
- Roof, Windows, & Boiler Recently Replaced
- 9 Parking Spaces
- Rental Upside
Executive Summary
Apartment Investment Advisers, LLC ("AIA") has been granted the exclusive right to market and sell the subject property.
AIA is a Chicago-based commercial real estate brokerage firm focused exclusively on the marketing and sale of multifamily properties throughout the Chicago metropolitan area. The firm has represented it's clients in the sale of more than 600 apartment buildings totaling in excess of 11,000 apartment units and over $1,000,000,000 in sales volume.
AIA is a Chicago-based commercial real estate brokerage firm focused exclusively on the marketing and sale of multifamily properties throughout the Chicago metropolitan area. The firm has represented it's clients in the sale of more than 600 apartment buildings totaling in excess of 11,000 apartment units and over $1,000,000,000 in sales volume.
Property Facts
| Price | $1,550,000 | Property Subtype | Apartment |
| Price Per Unit | $155,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 7.78% | Building Size | 8,000 SF |
| Gross Rent Multiplier | 7.92 | No. Stories | 1 |
| No. Units | 10 | Year Built | 1958 |
| Property Type | Multifamily |
| Price | $1,550,000 |
| Price Per Unit | $155,000 |
| Sale Type | Investment |
| Cap Rate | 7.78% |
| Gross Rent Multiplier | 7.92 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.19 AC |
| Building Size | 8,000 SF |
| No. Stories | 1 |
| Year Built | 1958 |
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AIA /// 10 UNITS /// RIVER GROVE | 8101 Grand Ave
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