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1923 W Willow Rd
Northfield, IL 60093
Northfield Apartments · Multifamily Property For Sale
·
6 Units
Investment Highlights
- 6-unit apartment building in affluent Northfield, IL
- 9 on-site parking spaces
- Fantastic location near great shopping, Northfield Park District/playfields, and Sunset Ridge School
- 1BR/1BA units with convenient layouts & Several recent updates to the building
- Some units feature wood floors, newer windows & appliances
- Located in the New Trier High School district - a huge draw for tenants with children
Property Facts
| No. Units | 6 | Lot Size | 0.25 AC |
| Property Type | Multifamily | Building Size | 5,390 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1957 |
| Building Class | C | Parking Ratio | 1.11/1,000 SF |
| Zoning | R | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 5,390 SF |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 1.11/1,000 SF |
| Zoning | R |
About 1923 W WILLOW RD , NORTHFIELD, IL 60093
SVN Chicago Commercial is pleased to present a 6-unit multi-family investment property in Northfield, IL - an affluent, near north suburb of Chicago. First time on the market in over 40 years, the property consists of 6 1BR/1BA apartments with 9 on-site parking spaces. The building has many sought after units and common area features including a mix of wood floors, newer windows, updated appliances, and lovely outdoor space. Fantastic location on Willow Road - literally steps to premium retailers such as Walgreens, Starbucks, Mariano's and Dunkin Donuts as well as the Northfield Village Square shops which have several wonderful restaurants including Happ Inn, Tapas Gitana, Three Tarts Bakery and Taco Nano. The property is also adjacent to the Northfield Park District and playfields and is seconds to Sunset Ridge school. Residents of Northfield have the ability to send their children to New Trier high school, which is a huge draw for tenants. Substantial upside available to an investor by renovating and re-leasing units. The property is located in the affluent North Shore Chicago suburb of Northfield, one of Chicago's most sought-after communities with a median HH income over $200,000 and an avg home value over $760,000. It's situated on Willow Rd. a major east-west thoroughfare, near the intersection with Happ Rd. featuring national credit tenants (Mariano's, Walgreen's, Starbucks, Subway) and offers a daily vehicle count over 35,000. Located only 2 blocks from the on-ramp to I-94 at Willow Rd., providing access to all points North and South.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
Property Taxes
| Parcel Number | 04-24-215-008-0000 | Improvements Assessment | $35,748 |
| Land Assessment | $14,850 | Total Assessment | $50,598 |
Property Taxes
