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1710-1791 Putnam Ave
Normal, IL 61761
Harvest View · Multifamily Property For Sale
·
144 Units
PROPERTY FACTS
| No. Units | 144 | Building Size | 172,800 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 2007 |
| Building Class | B | Parking Ratio | 0.92/1,000 SF |
| Lot Size | 8.40 AC | ||
| Zoning | R-3A - General Residential - Mountain Resort | ||
| No. Units | 144 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 8.40 AC |
| Building Size | 172,800 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 2007 |
| Parking Ratio | 0.92/1,000 SF |
| Zoning | R-3A - General Residential - Mountain Resort |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Tile Floors
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Carpet
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Clubhouse
- Fitness Center
- Pool
- Furnished Units Available
- Individual Locking Bedrooms
- Individual Leases Available
ABOUT 1710-1791 PUTNAM AVE , NORMAL, IL 61761
Marcus & Millichap is pleased to present the Heartland Village Apartments in Normal, IL. This 144-unit, 288-bedroom student housing property was constructed in 2007 and consists of all large two-bedroom/one-and-three-quarter-bathroom units (approximately 1,200 square feet) featuring in-unit washer/dryer and kitchens with a breakfast bar. On-site, tenants have access to a clubhouse, fitness center, outdoor pool with sundeck and an approximate one-half-mile walking trail. Each unit comes fully-furnished and each lease includes utilities and on-site parking, as well as internet and cable. The subject property sits less than one-half mile southwest of Heartland Community College and one-and-three-quarter miles northwest of Illinois State University. This location is approximately one-half mile from Interstate-55 which allows for easy access to travel to the City of Chicago (approximately 118 miles northeast), Springfield, the Illinois State Capital (approximately 60 miles southwest) and St. Louis, Missouri (approximately 145 miles southwest). Heartland Village Apartments allows an investor the opportunity to acquire a 144-unit, 288-bedroom student housing property in close proximity to Illinois State University and Heartland Community College. A new owner has the potential to save money on expenses by transferring the electric expense to the tenants, due to each unit being individually metered.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 144 | - | 1,200 |
PROPERTY TAXES
| Parcel Number | 14-20-100-012 | Improvements Assessment | $3,329,584 |
| Land Assessment | $472,958 | Total Assessment | $3,802,542 |
PROPERTY TAXES
