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1440 S Neltnor BlvdWest Chicago, IL 60185
Aspen Ridge Apartments
Asset ClassMultifamily
Year Renovated2021
# Units: 253Square Feet: 202,839Call For Offers: 10/08/25Access Data Room
253-Unit Multifamily Community in a Charming Suburb Just 30-Miles West of Downtown Chicago
overview of deal

Overview

Marcus & Millichap has been selected to exclusively market for sale Aspen Ridge Apartments, a 253-unit multifamily community in West Chicago, Illinois.

 

This investment offers an investor the opportunity to acquire a fully renovated asset in a high demand submarket of the greater Chicago area. With strong rental demand and connectivity to one of the nation’s largest metropolitan centers, Aspen Ridge Apartments is well-positioned for long-term growth.

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Investment Highlights

Year Built
1969
# Buildings
12
  • All Units Renovated in 2021
  • Amenities include a Newly Renovated Clubhouse, Swimming Pool, Sundeck, Fitness Center, Game Room, Playground, Kids Play Corner, Laundry Facilities, Off-Street Parking, Package Locker, Bicycle Racks, On-Site Maintenance, and On-Site Management
  • Located in DuPage County
  • Two Miles from Downtown West Chicago, Offering Local Dining and Shopping, and the West Chicago Metra Station
  • The City of West Chicago was ranked by Fortune as the #20 Best Place to Live for Families in 2024
  • Average Household Income within Three Miles is $121,200
  • Attractive Assumable Debt with 4.69% Interest Rate
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1440 S Neltnor BlvdWest Chicago, IL 60185
Downtown West Chicago and West Chicago Metra Station
Turtle Splash Water Park
West Chicago City Museum
ARC Center and The Shell
Sonny Acres and Kline Creek Farms
Jewel Osco
West DuPage Woods Forest Preserve
West Chicago Community High School

Exclusively Listed By

Ryan EngleSenior Managing Director Investments(630) 570-2230ryan.engle@marcusmillichap.com
Andrean AngelovSenior Managing Director Investments

License #: IL 475.152025

8472125328andrean.angelov@marcusmillichap.com
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Listing provided by Revere CRE