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Mixed-Use

The Hartford

2033 Ridge Rd, Homewood, IL 60430

Listing Price: $11,850,000

Cap Rate
6.02%
Number of Units
37
Occupancy
97.3%
Price/Unit
$320,270
Price/Gross SF
$322.12
Gross SF
36,787

Investment 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.

Investment Highlights

  • Newer Construction, Built in 2023
  • Located in the Heart of Downtown Homewood
  • Amenities: Outdoor Terrace, Elevator, Bike Racks, Garage Parking, and Off-Street Parking
  • Walking Distance to Homewood Metra Station and Amtrak Station
  • Average Apartment Unit Size: 715 Square Feet
  • Average Apartment Rent Per Unit: $2,085/Unit
  • Average Household Income within One Mile is $109,068

Exclusively Listed By

Mixed-Use

The Hartford

Listing Price: $11,850,000

Cap Rate
6.02%
Number of Units
37
Occupancy
97.3%
Price/Unit
$320,270
Price/Gross SF
$322.12
Gross SF
36,787

Investment Highlights

  • Newer Construction, Built in 2023
  • Located in the Heart of Downtown Homewood
  • Amenities: Outdoor Terrace, Elevator, Bike Racks, Garage Parking, and Off-Street Parking
  • Walking Distance to Homewood Metra Station and Amtrak Station
  • Average Apartment Unit Size: 715 Square Feet
  • Average Apartment Rent Per Unit: $2,085/Unit
  • Average Household Income within One Mile is $109,068

Investment 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.

Exclusively Listed By

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