211 W Main St - Apartments FOR SALE
Carpentersville, IL 60110 |
$3,850,000 USD
312-269-0220
211 W Main St
Carpentersville, IL 60110
HIGHLIGHTS
- 3.2 Acres of Development Land; Land is approved for 130-units of Class-A multi-family apartments
- Shovel Ready; All plans and permits have been approved by the city and site is construction ready
- TIF Funding Available; Approximately $11,000,000 of Tax Incrementing Financing (TIF) funds is approved for this development
- Minimal Soft Cost; Current owners have invested over $2,000,000 in zoning, engineering, plans, and more, minimizing upfront soft cost
FOR SALE DETAILS
PRICE
$3,850,000 USD
PRICE/SF
$39 USD /SF
# OF UNITS
130
PRICE/UNIT
$29,615
CAP RATE
Request Cap Rate
% LEASED
-
STATUS
Proposed
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Iron Flats
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
4
YEAR BUILT
-
PARKING SPACES
240
LAND DETAILS
LAND ACRES
3.2 AC
LAND SF
139,392 SF
ZONING
GC
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
312-269-0220
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
312-269-0220
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
