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2033 Ridge RdHomewood, IL 60430
The Hartford
Asset ClassMixed Use, Multifamily
Year Built2023
# Units: 37Square Feet: 36,787Cap Rate: 6.03%Access Data Room
37-Unit Multifamily Property in Homewood, Illinois
overview of deal

Overview

Marcus & Millichap has been selected to exclusively market for sale The Hartford, a 37-unit multifamily property in Homewood, Illinois. This investment offers an investor the opportunity to acquire a newly constructed, stabilized asset that offers cash flow

on day one.

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Investment Highlights

AVG SF
715
Retail SF
5,835
  • Price includes TIF | Real Estate Tax Reimbursement through 2041
  • Newer Construction, Built in 2023
  • Located in the Heart of Downtown Homewood
  • Amenities: Outdoor Terrace, Elevator, Bike Racks, Garage Parking, and Off-Street Parking
  • Each Unit Features Designer Interiors, Stainless Steel Appliances, and In-Unit Washer & Dryer
  • Stoney Point Grill's Second Location Occupies the Entire First Floor of the Building, Established Since 2005, and Holds a Gaming License with Operational Machines
  • Walking Distance to Homewood Metra Station and Amtrak Station
  • Average Household Income within One Mile is $109,068
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2033 Ridge RdHomewood, IL 60430
Interstate 294, Interstate 80, and Route 1
Homewood Metra Station, Amtrak Station, and PACE Bus Stops
26 Miles South of Downtown Chicago
19 Miles South of Midway International Airport
Close Proximity to Halsted Street Retail Corridor, Two Miles East via Ridge Road
Near Stoney Point Grill, 69 Prime Italian Steakhouse, and Starbucks
Close to Ravisloe Country Club, Willow Elementary School and Richard D. Irwin Park

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
Trenton NicioliAssociate Investments

License #: IL 475.206703

6305702269trenton.nicioli@marcusmillichap.com

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