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The Country View Apts. in Genoa, IL is a 60 unit apartment property consisting of 44-2BR, 15-1BR, and 1-studio units in 15 buildings. Heat is electric, tenant paid. There are 1 washer and 1 dryer in each building, which are owned units. Current occupancy is approximately 50% which represents a tremendous opportunity to increase the income as well as the value by increasing occupancy.

Offered at $1,850,000, $30,833 per unit.

The Pioneer Road Apts. in Crest Hill, IL are 2-12 unit buildings with 24-2BR units. Heat is electric, tenant paid, laundry is owned. There are 18 garages as well as surface parking. The property has been well maintained and the roofs on both buildings (July 2011) as well as the garages (September 2010) have recently been replaced. The parking lot has also recently been sealed and striped (November 2010)

Pioneer Road Apts. is offered at $1,775,000 which represents a Before Tax Cash on Cash Return of 8.97%.

14 unit multi-family property located approximately 1 block from the Metra Train Station in Downers Grove, IL. Construction is Flexicore with brick exterior. Heat is electric, tenant paid. Unit mix is 9-1BR, 4-2BR, and 1-Studio.

This property represents an rare opportunity to acquire a multi-family property in close proximity to the train station in DuPage County, IL.

Offered at $1,100,000.

The Ridge Terrace Apts. located in Chicago Ridge, IL is a 48 unit property consisting of 2-24 unit buildings. Unit mix is 24-2BR 860sf & 24-1BR 715sf units. Numerous improvements have been done to this property including new kitchen counter tops, cabinets, bathroom vanities, range hoods, ceiling fans, sinks, faucets, refridgerators, stoves,  and more in 85+% of the units. New high efficiency boilers and hot water heaters, new roofs, parking lot sealed and striped, new hallway carpets and hardwired fire safety systems, are just some of the recent improvements. Currently replacing balconies.

Offered at $3,000,000, which represents a 8.63% cap rate and approximately 12% initial c/c return.