Share This Listing

Message

951 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Townes At Kendall Portfolio 8 Multifamily Properties Offered at $3,000,000 in Yorkville, IL

Save this listing!

Favorite this listing to get notified of price updates, new media and more

Investment Highlights

  • Immediate equity at acquisition
  • Stabilized yield near 7% cap
  • Rare full-building control
  • Below market bulk pricing
  • Strong cash flow from day one
  • New construction, low capex

Executive Summary

This offering presents a rare opportunity to acquire a fully consolidated portfolio of ten newly constructed townhome units for sale within the master-planned Townes at Kendall residential community in Yorkville, Illinois. Buildings 24 and 25 represent the only two complete townhome buildings currently available for bulk acquisition within the development, providing investors with scale, operational efficiency, and unified ownership in a high-growth suburban housing market.
This new construction multifamily residential investment includes a mix of end units and interior units designed for modern living and strong rental demand. Units remain customizable on the interior, including flooring, countertops, cabinetry, and finish selections, allowing investors to align the product with targeted tenant demographics, build-to-rent strategy, or resale positioning.
Recent comparable sales and appraisals within the community support values exceeding $340,000 for upgraded end units and approximately $320,000 or more for interior units. The approved bulk acquisition pricing provides investors with immediate equity relative to current market values, creating a favorable below-market basis at acquisition.
The portfolio supports multiple real estate investment strategies including long-term rental ownership, build-to-rent hold, phased resale, or hybrid income and appreciation strategy. Estimated market rents are approximately $2,750 per month per unit, positioning the property as a stabilized income-producing residential asset in the Yorkville rental market.
Ownership responsibilities are streamlined through an investor-friendly HOA structure covering exterior maintenance and common insurance, significantly reducing operating complexity and capital expenditure risk. HOA dues are approximately $207 per unit per month.
Real estate taxes are projected at approximately $8,000 annually per unit but are not expected to be assessed until Spring 2027, providing an initial tax-advantaged cash flow period during lease-up and stabilization. Estimated owner insurance is approximately $1,200 annually per unit.
At approved bulk pricing, the portfolio produces a stabilized cap rate in the high-6% to low-7% range based on current underwriting assumptions, with competitive leveraged cash-on-cash returns. Additional upside potential exists through lender underwriting based on appraised market value rather than acquisition cost.
Constructed in 2025, the property offers modern construction, minimal deferred maintenance exposure, and long-term asset durability. This townhome investment portfolio is well suited for private investors, multifamily buyers, build-to-rent operators, small funds, and 1031 exchange purchasers seeking scale, predictable income, and low-maintenance residential real estate.
While individual townhome purchases may occur within the broader community, Buildings 24 and 25 represent the only opportunity to acquire fully contiguous townhome buildings for sale in Yorkville, Illinois, creating a rare consolidated ownership position within a master-planned development.
This is a unique opportunity to acquire a new construction multifamily investment with immediate equity, stabilized rental income potential, and long-term appreciation in a growing Chicago suburban market.
All financial information is provided for illustrative purposes only and subject to buyer verification and independent due diligence.

Property Facts

Price $3,000,000
Price / SF $221.11 / SF
Cap Rate 7.10%
Sale Type Investment
Status Active
Number of Properties 10
Individually For Sale 0
Total Building Size 13,568 SF
Total Land Area 199.50 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1211 Gillespie Ln, Yorkville, IL 60560 Multifamily 1,696 SF 2025 -
1213 Gillespie Ln, Yorkville, IL 60560 Multifamily 1,696 SF 2025 -
1215 Gillespie Ln, Yorkville, IL 60560 Multifamily 1,696 SF 2025 -
1221 Gillespie Ln, Yorkville, IL 60560 Multifamily 1,696 SF 2025 -
1223 Gillespie Ln, Yorkville, IL 60560 Multifamily 1,696 SF 2025 -
1225 Gillespie Ln, Yorkville, IL 60560 Multifamily 1,696 SF 2025 -
1227 Gillespie Ln, Yorkville, IL 60560 Multifamily 1,696 SF 2025 -
1229 Gillespie Ln, Yorkville, IL 60560 Multifamily 1,696 SF 2025 -
Show More > < Show Less
  • Listing ID: 38729435

  • Date on Market: 12/10/2025

  • Last Updated:

  • Address: Townes At Kendall Portfolio, Yorkville, IL

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}