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8301 Woodland Dr
Darien, IL 60561
Multifamily Property For Sale · 6 Units

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.31 AC
Building Size 6,000 SF
Average Occupancy 100%
No. Stories 3
Year Built 1978
Parking Ratio 2/1,000 SF
Zoning A

Amenities

Unit Amenities

  • Balcony
  • Cable Ready
  • Dishwasher
  • Storage Space
  • Ceiling Fans
  • Linen Closet

About 8301 WOODLAND DR , DARIEN, IL 60561

Triton Realty Group is please to present the opportunity to purchase 8301 Woodland Drive in Darien. The building presents a rare opportunity to purchase a free-standing (non association) 1978 brick apartment building on a highly desirable block within Darien. All units are two bedroom units, roughly 1,000 SF each. The current ownership has owned and maintained the property since the 1980's. With long-term ownership, the rents are substantially lower than the market. A new investors has the opportunity to raise rents to market ($1100-$1200) over time and increase cash flow to a 7.5% or higher CAP rate. All upper units have 2 separate balconies and all units have individual storage lockers. Parking lot has been resurfaced recently. There is also laundry available on-site. Hinsdale South HS. Very easy access to I-55. Please reach out to Edward for full offering memorandum.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 $837.50 1,000

Property Taxes

Property Taxes

Parcel Number
09-34-210-011
Land Assessment
$68,303
Improvements Assessment
$225,871
Total Assessment
$294,174
  • Listing ID: 16433362

  • Date on Market: 6/24/2019

  • Last Updated:

  • Address: 8301 Woodland Dr, Darien, IL 60561

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