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75-Unit Portfolio 4 Properties Offered at $12,277,760 CAD in Multiple Locations
INVESTMENT HIGHLIGHTS
- Access & Connectivity
- Off-Street Parking & Amenities
- Quality of Life Amenities
- High Upside Potential
- Strong Rental Demographics & Demand
EXECUTIVE SUMMARY
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the mixed-use investment properties located at 2661 Sheridan Road, 2671 Sheridan Road, and 2325 Lewis Avenue in Zion, IL, and 1923 63rd Street in Kenosha, WI (the “Properties” or the “Portfolio”). The multi-story buildings contain seventy-five (75) total units comprised of twelve (12) commercial units, forty-four (44) 1-Bedroom/1-Bathroom units, fourteen (14) 2-Bedroom/2-Bathroom units, two (2) 3-Bedroom/2-Bathroom units, two (2) Studio units, and one (1) residential unit at 2661 Sheridan Road with 77,431 square feet of gross living area and 88,900 square feet of gross area. The Portfolio is situated on a total of 1.97 acres of land and offers ample parking with one hundred and nineteen (119) total spaces comprised of thirteen (13) garage spaces and twenty-seven (27) surface spaces between 2671 Sheridan Road and 2325 Lewis Avenue, and forty-two (42) garage and thirty-seven (37) surface spaces at 1923 63rd Street. ANDREW O’CONNELL WI BROKER LICENSE #: 60144-90. JOHN PRZYBYLA IL BROKER OF RECORD #471010441.
PROPERTY FACTS
| Price | $12,277,760 CAD | Number of Properties | 4 |
| Price / SF | $158.79 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 7.25% | Total Building Size | 77,319 SF |
| Sale Type | Investment | Total Land Area | 1.98 AC |
| Status | Active |
| Price | $12,277,760 CAD |
| Price / SF | $158.79 CAD / SF |
| Cap Rate | 7.25% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 77,319 SF |
| Total Land Area | 1.98 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Sheridan Center Apartments
2671 Sheridan Rd, Zion, IL 60099 |
Multifamily | 22,904 SF | 1975 | - |
| 2325 Lewis Ave, Zion, IL 60099 | Multifamily | 9,400 SF | 1976 | - |
| 2661 Sheridan Rd, Zion, IL 60099 | Retail | 6,888 SF | 1939 | - |
|
Uptown Brass Apartments
1923 63rd St, Kenosha, WI 53143 |
Multifamily | 38,127 SF | 2007 | - |
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75-Unit Portfolio
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