Essex Realty Group, Inc. is pleased to announce the sale of 10382 Michael Todd Terrace, a 6-unit apartment property located in the northern suburb of Glenview. This Property consists of three (3) 1Bed/1Bath apartments and three (3) 2Bed/1Bath apartments.
The building is a part of a Homeowner’s Association (HOA) which covers scavenger, landscaping, and snow removal. This Property provides a “turn-key” investment opportunity with the ability to raise rents between 20%-30%. Moreover, rents could potentially be increased further with renovation in some units.
10382 Michael Todd Terrace is located in Chicago’s Northshore, just over 20 miles from the city of Chicago, and is accessible via the Glenview Metra Train Station and I-294. This prosperous neighborhood enjoys a variety of amenities, including multiple parks, golf courses, retail shops, restaurants, and town centers. Additionally, the village boasts one of the best High Schools in the state. According to Niche.com, Glenbrook South is ranked No. 10 in Illinois and No. 63 in the United States.
Glenview is one of Chicago’s desirable Northshore suburbs, located just over 20 miles from the city. This affluent village has a large population of approximately 49,000 people with an average family income of $115,198 and a median housing value of $499,900.
Glenview has plenty to offer with its abundance of restaurants, shops, parks, and attractions. Home to four golf courses, two movie theaters, and the Kohl Children’s Museum of Greater Chicago, this village provides its residents with a variety of entertaining amenities. The Glen Town Center is an especially large attraction with large retail shops like Dick’s and Von Maur. This center is also home to many offices, fitness centers, and restaurants.
The Property lies just under a ten minute drive from the Glenview Metra train station and is conveniently near I-294 providing accessibility to downtown Chicago. Additionally, 10382 Michael Todd is located just around a mile away from both Ridgewood Memorial Park and Flick Park.
- Under Contract in Less Than One Week of Marketing
- Well-Maintained Six Flat In The Coveted Suburb Of Glenview
- Fantastic School District. Glenbrook South High School is Ranked No. 10 in Illinois and No. 63 in the United States.
- Opportunity to Raise Rents Between 20%-30% "As-Is"
- Capital Improvements Include New Roof (2018) & Boiler (2017)