Essex Realty Group, Inc. is pleased to announce the sale of 4131 Williamsburg Court in the highly sought after suburb of Glenview. The Subject Property is fully occupied and consists of one (1) 1-bedroom/1-bathroom apartment, five (5) 2-bedroom/1-bathroom apartments, shared coin-operated laundry, and ample surface parking.
Current rents are significantly under market. With modest cosmetic updates to unit interiors, new ownership could increase rents $215/mo. per unit (18% increase overall for 2Bd units).
4131 Williamsburg Court 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. 61 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.
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.
- Well-Maintained 6-Flat in Highly Sought-After Glenview
- Current Rents 18% Below Market
- Desirable Unit Mix of (1) 1Bd/1Ba & (5) 2Bd/1Ba
- Fantastic School District. Glenbrook South High School is Ranked No. 10 in Illinois and No. 63 in the United States.
- Association Covers Snow Removal/Landscaping, Parking, and Scavenger