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1615 Arbor Ln
Crest Hill, IL 60403
Woodlands of Crest Hill · Multifamily Property For Sale
·
730 Units
Investment Highlights
- 95% occupied with consistent historical performance and 8%+ lease trade-out growth
- Resort-style amenities including pool, fitness center, clubhouse, and dog park
- Immediate access to I-55 and major employment hubs including Amazon and WeatherTech
- $7.2M+ in renovations completed; 33% of units remain primed for value-add upgrades
- Located in Will County, home to the largest inland container port in the U.S.
- Zoned for “A” rated public schools and near top institutions like Lewis University
Property Facts
| No. Units | 730 | Building Size | 473,524 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1972/2019 |
| Building Class | B | Parking Ratio | 1.47/1,000 SF |
| Lot Size | 26.65 AC | ||
| Zoning | R-3 - Single-Family Residential District | ||
| No. Units | 730 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 26.65 AC |
| Building Size | 473,524 SF |
| Average Occupancy | 94% |
| No. Stories | 3 |
| Year Built/Renovated | 1972/2019 |
| Parking Ratio | 1.47/1,000 SF |
| Zoning | R-3 - Single-Family Residential District |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Ceiling Fans
- High Speed Internet Access
- Range
- Walk-In Closets
- Window Coverings
Site Amenities
- 24 Hour Access
- Controlled Access
- Clubhouse
- Fitness Center
- Laundry Facilities
- Playground
- Property Manager on Site
- Grill
- Package Service
- Pet Play Area
- Maintenance on site
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 64 | - | 374 |
| 1+1 | 444 | - | 598 - 874 |
| 2+1 | 204 | - | 816 |
| 2+1.5 | 18 | - | 874 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $5,234,983 | |
| Land Assessment | $1,116,923 | Total Assessment | $6,351,906 |
Property Taxes
Parcel Numbers
Land Assessment
$1,116,923
Improvements Assessment
$5,234,983
Total Assessment
$6,351,906
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