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905-911 N Milwaukee Ave
Libertyville, IL 60048
Northline Apartments · Multifamily Property For Sale · 24 Units

Property Facts

No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.99 AC
Building Size 25,575 SF
No. Stories 3
Year Built 2016
Parking Ratio 1.88/1,000 SF

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Heating
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Range
  • Carpet
  • Island Kitchen
  • Patio

Site Amenities

  • Storage Space
  • Elevator

About 905-911 N MILWAUKEE AVE , LIBERTYVILLE, IL 60048

Essex Realty Group, Inc. has been exclusively engaged to market for sale the Northline Apartments in the affluent Lake County suburb of Libertyville. The Property is comprised of two, 12-unit apartment buildings located at 905 & 911 N. Milwaukee Ave. in downtown Libertyville. The Property is just steps from the Libertyville Metra station as well as the Milwaukee Ave. commercial corridor, affording tenants a vibrant urban lifestyle. 911 N. Milwaukee Ave. was built in 2016 and features high-end condo-quality finishes, an elevator, large floor plans, 8' windows, 13 storage lockers, and heated garage parking. All units are 2Bd/2Ba and range in size from 1,081 to 1,306 square feet. The average tenant income in the building is $331,020. 905 N. Milwaukee Ave., built in 1986, features 2Bd/2Ba units and range in size from 834-851 square feet. Current ownership has fully renovated four and partially renovated eight of the twelve apartments with condo-quality finishes throughout, resulting in an increase of $125/unit/month. In the last three years, the building has received extensive exterior, mechanical, and common area upgrades. The average tenant income in the building is $198,300.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 24 $1,812 834 - 1,306

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 11-16-110-020
  • 11-16-110-016
  • 11-16-100-022
  • 11-16-100-023
Land Assessment
$312,986
Improvements Assessment
$1,252,469
Total Assessment
$1,565,455
  • Listing ID: 14804698

  • Date on Market: 1/8/2019

  • Last Updated:

  • Address: 905-911 N Milwaukee Ave, Libertyville, IL 60048

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