120 McKnight st - The Park at Constitution Trail Centre 85 Unit Apartment Building Offered For Sale Normal, IL 61761

The Park at Constitution Trail Centre presents the opportunity to acquire a newly constructed, student housing community located in Normal, Illinois, one of the Midwest’s strongest university markets. Across its 13 apartment and townhome buildings, this site contains 85 units and can accommodate 280 beds. Community amenities include a resort-style pool, landscaped courtyard, outdoor lounge pavilions, fire pits and walking trails.
Fully leased for the 2026-27 academic year, this community provides an investor with immediate in-place income and eliminates near-term lease-up risk. With stabilized occupancy, modern improvements, positive net operating income and limited capital expenditure requirements, the Park at Constitution Trail Centre offers a compelling opportunity to acquire a high-performing, institutional-quality student housing asset with established operating momentum.
Qualified bids are due to Hilco Global by October 6. On-site inspections will be held on September 16, 23 & 30, by appointment only.
Subject to U.S. Bankruptcy Court for the Northern District of Illinois (Eastern Division) Case No. 1:25-bk-19477 | In re: 100 McKnight LLC. Hilco Global in cooperation with Jeff Azuse, IL Broker, Lic. #471.011086.