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In the current cycle, property fundamentals are strong enough to withstand a shock to the system.

Even if there is an economic downturn in the near future, the apartment sector is likely to hold up, according to industry experts. Continue reading “The U.S. Apartment Sector Would Continue to Remain Strong Even in a Recession”

Multifamily For Sale

1124 E Adams St
Macomb, Illinois 61455


TYPE Multifamily
PRICE $559000
UNITS 22 (9 2-Bds / 8 1-Bds / 5 Studios)
BUILDINGS 6
OCCUPANCY 100%
CAP RATE 11%
CASH-ON-CASH 19.32%
Continue reading “Fully Occupied 22-Unit Multifamily Portfolio Macomb IL 11% Cap Rate”

Multifamily For Sale

408 Western Ave
Joliet, IL 60435


TYPE Multifamily
PRICE $485000
UNITS 5
BUILDINGS/Stories 1 / 2.5
BUILT/RENO 1914 / 2014
OCCUPANCY 100%
CAP RATE 8.69%
CASH-ON-CASH 19.11%

Continue reading “Fully Occupied 5 Unit Apartment Building For Sale 408 Western Ave Joliet IL 60435”

Multifamily For Sale

1900 Broadway St
Blue Island, IL 60406


TYPE Multifamily
PRICE $5.7M
UNITS 84
BUILDINGS 7
BUILT/RENO 1973/2014-2018
OCCUPANCY 97.3%
CAP RATE CURRENT/YR 1 8.34% / 9.81%
CASH-ON-CASH CURRENT/YR 1 15.67% / 23.02%
Continue reading “84 Unit Multifamily Property For Sale 1900 Broadway St Blue Island IL”