Crest Hill Condo Portfolio

For Sale

2302 Carnation Dr, Crest Hill, IL 60403

This Crest Hill property for sale is located at 2302 Carnation Dr. The current listed sale price for Crest Hill Condo Portfolio is $1,500,000. Crest Hill Condo Portfolio is situated on a lot that is 0.64 acre in size.

Contacts

broker

CJ McCann

KW Glen Ellyn

(630) 984-4701

Property Details

  • Property Type Multi-Family
  • Property Size 6,700 SF
  • Units 10
  • Lot Size 0.64 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1979
  • Date Updated Apr 5, 2024
10 Condos located off Carnation & Aster just West of Gaylord.Portfolio of 10 Condos located off Carnation & Aster just West of Gaylord. All units feature 2 bedrooms, (4) units with 1.1 baths and (6) units with 1 bath. Off-street parking for tenants, each unit has a 1 car garage. 100% occupied - excellent investment opportunity! Portfolio being sold as-is.

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Highlights

  • Association has 90 units
  • No rental cap
  • HOA takes care of exterior maintenance & snow removal
  • Tenants pay all utilities & garbage
  • Close to restaurants, grocery, shopping, & bank
  • Very high tenancy rate
  • All tenants are current on rents
  • Seller financed and bank appraised at $1,460,000 in February 2022
  • Asking under bank appraised value

Attachments

Getting around

  • 58/100

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  • 43/100

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Location

  • City Crest Hill, IL
  • Neighborhood Crest Hill
  • Zip Code 60403
  • Market Chicago

Points of Interest

  • Joliet

    4.22 miles

  • Lockport

    4.58 miles

  • Romeoville

    7.12 miles

  • New Lenox

    9.92 miles

  • Speedway

    0.31 miles

  • Thornton's

    1.16 miles

  • Speedway

    1.38 miles

  • Shell

    1.54 miles

  • Mobil

    2.29 miles

  • Thorntons

    2.49 miles

  • Shell

    2.52 miles

  • BP

    2.79 miles

  • BP

    2.80 miles

  • Thorntons

    2.81 miles

  • Plainfield Village Hall and Settlers' Park - Parking Lot

    4.79 miles

  • Medical Center Parking

    4.84 miles

  • Pace Plainfield Park-N-Ride

    5.26 miles

  • Chicagoland Speedway Handicapped Parking

    7.42 miles

  • Pace Old Chicago Park-N-Ride

    9.15 miles

  • Pace Canterbury Park-N-Ride

    9.91 miles

  • Super 8

    1.74 miles

  • Lexington Inn & Suites

    1.77 miles

  • Comfort Inn

    1.78 miles

  • Home2 Suites

    1.79 miles

  • Fairfield Inn & Suites Mariott

    1.80 miles

  • Motel 6

    1.91 miles

  • Hampton Inn & Suites

    1.93 miles

  • Budget Inn Express1806

    3.38 miles

  • Relax Inn

    3.43 miles

  • Harrah's Joliet

    3.85 miles

  • Food 4 Less

    1.00 miles

  • ALDI

    1.02 miles

  • Fresh Thyme

    1.16 miles

  • Target

    1.16 miles

  • Big Lots

    1.17 miles

  • Burlington

    1.39 miles

  • Louis Joliet Mall

    1.50 miles

  • Macy's

    1.54 miles

  • JCPenney

    1.63 miles

  • Gordon Food Service

    2.78 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

CJ McCann

KW Glen Ellyn

(630) 984-4701