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Multifamily

1866 Lilac Ln

1866 Lilac Ln, Aurora, IL 60506

Listing Price: $1,350,000

Cap Rate
5.49%
Number of Units
16
Price/Unit
$84,375
Price/Gross SF
$122.73
Gross SF
11,000

Investment Overview

Marcus & Millichap is pleased to present this 16-unit apartment building, built in 1964, located at 1866 Lilac Lane in Aurora, Illinois. The asset’s unit mix is comprised of 12 one-bedroom / one-bathroom units and four two-bedroom / one-bathroom units, measuring approximately 600 and 825 square feet per unit, respectively. The property also features tenant-heated units, on-site storage, a coin-operated laundry facility, and ample off-street parking for tenant use. This investment offers the opportunity to acquire a well-maintained asset in the thriving Aurora community.

Investment Highlights

  • Tenant Heated
  • On-Site Storage
  • On-Site Laundry Facility
  • Ample Off-Street Parking

Exclusively Listed By

Multifamily

1866 Lilac Ln

Listing Price: $1,350,000

Cap Rate
5.49%
Number of Units
16
Price/Unit
$84,375
Price/Gross SF
$122.73
Gross SF
11,000

Investment Highlights

  • Tenant Heated
  • On-Site Storage
  • On-Site Laundry Facility
  • Ample Off-Street Parking

Investment Overview

Marcus & Millichap is pleased to present this 16-unit apartment building, built in 1964, located at 1866 Lilac Lane in Aurora, Illinois. The asset’s unit mix is comprised of 12 one-bedroom / one-bathroom units and four two-bedroom / one-bathroom units, measuring approximately 600 and 825 square feet per unit, respectively. The property also features tenant-heated units, on-site storage, a coin-operated laundry facility, and ample off-street parking for tenant use. This investment offers the opportunity to acquire a well-maintained asset in the thriving Aurora community.

Exclusively Listed By

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