171 N 25th Ave | Melrose Park, IL 60160
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- LoopNet Team
171 N 25th Ave
Melrose Park, IL 60160
Multifamily Property For Sale
·
20 Units
INVESTMENT HIGHLIGHTS
- Strong In-Place Cash Flow
- Many ADA Accessible Units
- Adaptive Reuse Conversion in 2019 - Several Capital Improvements Completed
- Strong Suburban Rental Sub-Market
PROPERTY FACTS
| No. Units | 20 | Building Size | 16,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1965/2019 |
| Building Class | C | Parking Ratio | 1.38/1,000 SF |
| Lot Size | 0.43 AC | ||
| Zoning | F-Light Manufacturing - Light Manufacturing | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 16,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1965/2019 |
| Parking Ratio | 1.38/1,000 SF |
| Zoning | F-Light Manufacturing - Light Manufacturing |
AMENITIES
UNIT AMENITIES
- Air Conditioning
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | $876.00 | - |
| 2+1 | 9 | $1,072 | - |
| 2+2 | 1 | $1,135 | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $112,404 | |
| Land Assessment | $22,359 | Total Assessment | $134,763 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$22,359
Improvements Assessment
$112,404
Total Assessment
$134,763
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