1642 Country Lakes Dr. Naperville, IL 60563

Listing Price: $899,000

Number of Units 4
Occupancy 100%
Cap Rate 6%
NOI $54448

Investment Highlights

  • Fully Occupied 4 Unit Building 
  • Desirable Naperville Address
  • Investor or Owner-Occupied Opportunity
  • All Separately Metered Tenant Paid Utilities
  • In-Unit Washers & Dryers
  • Attached One- Car Garages
  • Development Potential 

Map Overview

Investment Overview

A rare find fully occupied 4-unit apartment building for sale in desirable Naperville, IL recently rated one of the best and safest cities to raise children. This property is ideal for the multifamily investor seeking an affluent stable market like Naperville with upside in rents upgrading units, a developer with the area to potentially build another 4-unit building or an investor homeowner that would like to live in one unit for low housing costs collecting rents. Conveniently located on the Northside of Naperville seconds from I-88 E-W Tollway, minutes from the Route 59 Metra train station, and the Fox Valley Shopping District. Each two-bedroom one and a half bath unit has all separately metered tenant-paid gas, electric, water, sewer, and trash utilities. Amenities for each unit include dishwashers, in-unit-owned washer and dryers, central air, and a one-car garage. Three of four units have full basements two of which are finished. Recent improvements include new windows, furnaces, hot water tanks, and all but one air conditioning unit replaced in the past 3-4 years.

 

 

Listing Broker: Shamshad Sanaullah HomeSmart Realty Group 651 N Washington st, Naperville, IL 60563 630-940-7011 (cell) Email:[email protected]

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