Multifamily
740 Sheridan Rd
740 Sheridan Rd, Highwood, IL 60040
Listing Price: $1,675,000
Investment Overview
Marcus & Millichap is pleased to present this nine-unit apartment property, located at 740 Sheridan Road in Highwood, Illinois.
Built in 1993, the building is comprised of one one-bedroom / one-bathroom unit and eight two-bedroom / one-bathroom units, measuring, on average, approximately 650 and 900 square feet, respectively. The property is flexicore construction and has a newer roof and windows. The property is tenant heated and features ample off-street parking, designated tenant storage, and an on-site laundry facility.
This investment offers an investor a value-add opportunity to acquire an asset in a great Highwood location with significant upside in rents.
740 Sheridan Rd
Investment Highlights
- Desirable Unit Mix of Mostly Two-Bedroom Units
- Tenant Heated
- Close Proximity to Local Shopping and Dining in Downtown Highwood
- A Part of Highland Park High School District, Ranked #32 in Illinois Rankings According to US News
- Average Household Income within One Mile is $153,505
- Value Add Opportunity with Significant Rental Upside
Exclusively Listed By
Listing Price: $1,675,000
Investment Highlights
- Desirable Unit Mix of Mostly Two-Bedroom Units
- Tenant Heated
- Close Proximity to Local Shopping and Dining in Downtown Highwood
- A Part of Highland Park High School District, Ranked #32 in Illinois Rankings According to US News
- Average Household Income within One Mile is $153,505
- Value Add Opportunity with Significant Rental Upside
Investment Overview
Marcus & Millichap is pleased to present this nine-unit apartment property, located at 740 Sheridan Road in Highwood, Illinois. Built in 1993, the building is comprised of one one-bedroom / one-bathroom unit and eight two-bedroom / one-bathroom units, measuring, on average, approximately 650 and 900 square feet, respectively. The property is flexicore construction and has a newer roof and windows. The property is tenant heated and features ample off-street parking, designated tenant storage, and an on-site laundry facility. This investment offers an investor a value-add opportunity to acquire an asset in a great Highwood location with significant upside in rents.
Exclusively Listed By
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