Multifamily
The Grand Elm
7353-7355 W Grand Ave, Elmwood Park, IL 60707
Listing Price: $3,300,000
Investment Overview
Marcus & Millichap is pleased to present this 12-unit apartment property, built in 2019, located at 7353-7355 West Grand Avenue in Elmwood Park, Illinois.
The building is comprised of 12 two-bedroom / two-bathroom units, measuring on average, approximately 1,000 square feet each. The property features ample off-street parking, garage parking, large units and is tenant heated. Each unit features a balcony, in-unit washer and dryer, and stainless-steel appliances.
This investment offers an investor the opportunity to acquire a newly constructed, stabilized asset that immediately establishes a significant presence in a high-demand rental market.
Investment Highlights
- Desirable Unit Mix of Two-Bedroom Units
- New Construction, Ample Off-Street Parking, Garage Parking, Large Units, and Tenant Heated
- Each Unit Features a Balcony, In-Unit Washer and Dryer, and Stainless-Steel Appliances
- Easy Access to Route 43 and Route 64
- Walking Distance to Elmwood Metra Station and Grand Avenue PACE Bus Stop and Eight Miles from O'Hare International Airport
- Close Proximity to Retail Options including Angelo Caputo's Fresh Markets and Nearby Dining Options include Culver's and Local Dining Options
- Close to Elmwood Public Library, Elmwood Park High School and Central Park
- Average Household Income within Three Miles is $100,584
Exclusively Listed By
Listing Price: $3,300,000
Investment Highlights
- Desirable Unit Mix of Two-Bedroom Units
- New Construction, Ample Off-Street Parking, Garage Parking, Large Units, and Tenant Heated
- Each Unit Features a Balcony, In-Unit Washer and Dryer, and Stainless-Steel Appliances
- Easy Access to Route 43 and Route 64
- Walking Distance to Elmwood Metra Station and Grand Avenue PACE Bus Stop and Eight Miles from O'Hare International Airport
- Close Proximity to Retail Options including Angelo Caputo's Fresh Markets and Nearby Dining Options include Culver's and Local Dining Options
- Close to Elmwood Public Library, Elmwood Park High School and Central Park
- Average Household Income within Three Miles is $100,584
Investment Overview
Marcus & Millichap is pleased to present this 12-unit apartment property, built in 2019, located at 7353-7355 West Grand Avenue in Elmwood Park, Illinois. The building is comprised of 12 two-bedroom / two-bathroom units, measuring on average, approximately 1,000 square feet each. The property features ample off-street parking, garage parking, large units and is tenant heated. Each unit features a balcony, in-unit washer and dryer, and stainless-steel appliances. This investment offers an investor the opportunity to acquire a newly constructed, stabilized asset that immediately establishes a significant presence in a high-demand rental market.