238 Northway Park Rd | Machesney Park, IL 61115
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238 Northway Park Rd
Machesney Park, IL 61115
Bay View Apartments · Multifamily Property For Sale
·
88 Units
PROPERTY FACTS
| No. Units | 88 | Building Size | 45,760 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1971/2016 |
| Building Class | C | Parking Ratio | 2.19/1,000 SF |
| Lot Size | 4.42 AC | ||
| Zoning | R4 - MULTI | ||
| No. Units | 88 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.42 AC |
| Building Size | 45,760 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1971/2016 |
| Parking Ratio | 2.19/1,000 SF |
| Zoning | R4 - MULTI |
AMENITIES
UNIT AMENITIES
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Heating
- Refrigerator
- Tub/Shower
- Grill
- Garden
- Smoke Free
SITE AMENITIES
- Clubhouse
- Courtyard
- Laundry Facilities
- Picnic Area
- Planned Social Activities
- Smoke Free
- Walking/Biking Trails
- Elevator
ABOUT 238 NORTHWAY PARK RD , MACHESNEY PARK, IL 61115
Bay View Apartments is an 88 unit apartment complex, rented as market rate units to active seniors 55+. Completed in 1971, the property consists of 5 buildings with 45,000 net rentable square feet, beautifully situated on a 4.5 acre parcel. The property underwent a huge renovation in the late 1990's which includes a standard upgrade of all 88 kitchens, pitching and shingling of all roofs, and the installation of elevators. Recent improvements include all new roofs and gutter in 2016.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 88 | $652.50 | 520 |
PROPERTY TAXES
| Parcel Number | 07-25-286-015 | Improvements Assessment | $991,391 |
| Land Assessment | $137,029 | Total Assessment | $1,128,420 |
PROPERTY TAXES
Parcel Number
07-25-286-015
Land Assessment
$137,029
Improvements Assessment
$991,391
Total Assessment
$1,128,420
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