ON MARKET – MULTI-FAMILY
1202-1216 & 1228-1236 Byrne Boulevard Vernon Hills, IL 60061
PRICE
$5,625,000
NUMBER OF UNITS
13
CAP RATE
5.71%
PROPERTY LISTED

Essex Realty Group, Inc. has been exclusively engaged to market for sale 1202-1216 & 1228-1236 Byrne Boulevard, 13 townhome units within the 18 unit Port Clinton Row Townhomes complex. The investment opportunity is comprised of all 3Bd/2.5Ba luxury townhome units.

Constructed in 2018, each townhome features high-end condo-quality finishes, large floor plans, in-unit laundry and an attached two-car garage. Each unit is three levels and ranges in size from 1,884 to 1,984 square feet. The townhomes are separately pinned and have an HOA in place for all exterior maintenance.

The Property provides an investor with the opportunity to acquire a low-maintenance, new construction property with rental upside. Recent leases have averaged $3,100/mo., which is $100+ higher than the current average. The Property is also conveniently located less than two miles from the Prairie View NCS Metra station, one mile from Stevenson High School, and within walking distance to the area's many shops and restaurants making it an attractive option for potential renters.

LOCATION DETAILS

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HIGHLIGHTS
  • 13 New Construction Townhomes
  • All 3Bd/2.5Ba Units
  • Walking Distance to Half Day Retail Corridor
  • 1.5 Miles to Prairie View Metra Station
  • Highly Rated School District (Lincolnshire-Prairie View 103)
LISTING BROKERS
Jim Darrow
Principal
773.305.4920
Brian Kochendorfer
Managing Director
773.305.4870
Brian Karmowski
Director
773.305.4892