Multifamily

Cunningham Apartments

Listing Price: Request For Offer

Number of Units
71
Occupancy
95.00%
Gross SF
56,625

Investment Overview

Marcus & Millichap is pleased to present Cunningham Apartments, a 71-unit apartment building, built in 1970, located at 1245 Cunningham Drive in Calumet City, Illinois. Calumet City is a city in Cook County that borders and shares State Line Road with Hammond, Indiana. The subject property is located approximately 24 miles southeast of the downtown Chicago Loop, with convenient access to Interstate 94. Public transportation is readily available at the Hegewisch Northern Indiana Commuter Transportation District train station, located approximately four miles north, and is locally served by PACE for transportation by bus. PACE bus stops are conveniently positioned along River Oaks Center Drive, directly in front of the building. For domestic and international travel purposes, Midway International Airport is approximately 23 miles northwest of the asset.

The unit mix is comprised of 36 one-bedroom / one-bathroom units and 35 two-bedroom / one-bathroom units, measuring approximately 625 and 975 square feet, respectively. The property features on-site laundry facilities and ample off-street parking.

The property is positioned immediately east of River Oaks Center Shopping Mall, within walking distance. River Oaks Plaza West Shopping Center, Cinema 8 Lansing, Landings Shopping Mall, and River Place Shopping Center are all within a one-and-one-half mile radius. This investment offers an investor the opportunity to acquire a well-maintained asset in a highly desirable Calumet City location.

Investment Highlights

  • Good Unit Mix (36 One-Bedroom Units and 35 Two-Bedroom Units)
  • Building Features Elevator
  • On-Site Laundry Facilities
  • Ample Off-Street Parking
  • Easy Access to Multiple Modes of Transportation
  • Walking Distance from River Oaks Center Shopping Mall

Exclusively Listed By

Listing Price: Request For Offer

Number of Units
71
Occupancy
95.00%
Gross SF
56,625

Investment Highlights

  • Good Unit Mix (36 One-Bedroom Units and 35 Two-Bedroom Units)
  • Building Features Elevator
  • On-Site Laundry Facilities
  • Ample Off-Street Parking
  • Easy Access to Multiple Modes of Transportation
  • Walking Distance from River Oaks Center Shopping Mall

Investment Overview

Marcus & Millichap is pleased to present Cunningham Apartments, a 71-unit apartment building, built in 1970, located at 1245 Cunningham Drive in Calumet City, Illinois. Calumet City is a city in Cook County that borders and shares State Line Road with Hammond, Indiana. The subject property is located approximately 24 miles southeast of the downtown Chicago Loop, with convenient access to Interstate 94. Public transportation is readily available at the Hegewisch Northern Indiana Commuter Transportation District train station, located approximately four miles north, and is locally served by PACE for transportation by bus. PACE bus stops are conveniently positioned along River Oaks Center Drive, directly in front of the building. For domestic and international travel purposes, Midway International Airport is approximately 23 miles northwest of the asset.

The unit mix is comprised of 36 one-bedroom / one-bathroom units and 35 two-bedroom / one-bathroom units, measuring approximately 625 and 975 square feet, respectively. The property features on-site laundry facilities and ample off-street parking.

The property is positioned immediately east of River Oaks Center Shopping Mall, within walking distance. River Oaks Plaza West Shopping Center, Cinema 8 Lansing, Landings Shopping Mall, and River Place Shopping Center are all within a one-and-one-half mile radius. This investment offers an investor the opportunity to acquire a well-maintained asset in a highly desirable Calumet City location.

Exclusively Listed By

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