Essex Realty Group, Inc. has been exclusively engaged to market for sale 3708 Grand Blvd, a luxury 18-unit new construction mixed-use property located in coveted downtown Brookfield. The Subject Property offers a unique blend of modern luxury units, and urban convenience. Strategically located just steps away from the best restaurants Brookfield has to offer, and a short walk from the Metra station, making it an ideal rental property for professionals and city commuters.
The Subject Property is comprised of (17) 1-bedroom units, and (1) 1,200 square foot commercial space currently available for lease. The commercial space, currently in shell condition offers versatility for a wide array of tenants and businesses. The open floor plan allows tenants the flexibility to customize the space to meet their specific needs and preferences. In addition, per the enclosed rental survey, current apartment rents are approximately $200-250 per month below market in “as-is” condition.
Residents enjoy an array of modern amenities including private balconies, in-unit laundry, individual HVAC, elevator access, covered parking, and a captivating rooftop terrace with views of downtown Brookfield and the surrounding community. Investors can expect a reliable source of income and favorable cash flow projections due to the high demand for quality housing in Brookfield.
3708 Grand Blvd is being offered alongside an additional 6-unit property located steps away at 8917 Grant Ave for sale individually or as part of a portfolio, providing investors with an expanded footprint in downtown Brookfield.
Brookfield is located just 13 miles west of Chicago and is one of the oldest and most vibrant villages in the near western suburbs. Characterized by tree-lined streets, quaint neighborhoods, and a rich history, Brookfield is home to the iconic Brookfield Zoo along with a historic downtown area boasting a tapestry of local shops, inviting cafes, and cherished landmarks.
With close proximity to the Brookfield Metra Station as well as numerous expressways, residents of Brookfield have direct and convenient access to Chicago as well as neighboring villages like Riverside, La Grange, La Grange Park, and Western Springs. With its strong sense of community and proximity to urban amenities, Brookfield encapsulates the perfect balance between suburban comfort and metropolitan access.
- Rarely Available Modern, Newly Constructed Property in Downtown Brookfield
- 18 Units Featuring (17) One-Bedrooms and (1) 1,200 Sq.Ft Commercial Space
- Steps Away From Restaurants, Shops, and Brookfield Metra Station
- Stunning Rooftop Deck With Panoramic Views
- Potential to Increase Rental Income Between $200-$250 Per Month “As-Is”
- Opportunity to Purchase an Additional 6 Units Located at 8917 Grant Ave