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11 Briar StGlen Ellyn, IL 60137
Iron Gate Apartments
180-Unit Multifamily Property in Glen Ellyn, Illinois
Overview
Marcus & Millichap has been selected to exclusively market for sale Iron Gate Apartments, a 180-unit multifamily property in Glen Ellyn, Illinois. This investment offers an investor the opportunity to acquire a well-maintained, mostly renovated asset with numerous capital improvements, upside potential in rents, and a desirable DuPage County location.
Investment Highlights
- $3,870,000 in Recent Capital Improvements
- Approximately 95% of Units are Remodeled
- Desirable DuPage County Location
- Glenbard South High School: Ranked #42 in Illinois (U.S. News)
- Median Household Income within One Mile is $110,221
- Assumable Debt: 3.15% Interest Rate, 30 Year Amort. with 6 Years Remaining and Potential to Add a Supplemental Loan
Photo Gallery
11 Briar StGlen Ellyn, IL 60137
Interstate 355, Route 53 and Route 38
Downtown Glen Ellyn, Offering Local Dining and Shopping, and the Metra Station
Two PACE Bus Stops on Roosevelt Road Immediately Adjacent to Property
21 Miles West of the Downtown Chicago Loop
17 Miles Southwest of O’Hare International Airport
Jewel Osco, Pete's Fresh Market, Trader Joe's, Wingstop, Panera Bread, and Dunkin'
Morton Arboretum, Village Links of Glen Ellyn, Glen Oak Country Club, National University of Health Sciences, and College of DuPage
Surrey Park and Panfish Park
Exclusively Listed By
Andrean AngelovSenior Managing Director Investments
License #: IL 475.152025
8472125328andrean.angelov@marcusmillichap.com
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