Interra Realty has been exclusively engaged to market for sale 1348 Brown St, a twelve (12) unit apartment building in downtown Des Plaines. The property is comprised of twelve (12) one-bedroom units, twelve (12) tandem parking spaces, a common laundry room, and 1:1 storage lockers.

1348 Brown St was formerly a condominium association converted in the mid-2000s. A single entity now owns the entirety of the property and has completed extensive capital improvements in recent years. Improvements include: gut renovation of seven (7) units, new windows, new soffits and gutters,
new front porch stairwell and railings, converting the boiler system into individually controlled heat and new doors.

A new investor has the opportunity to acquire an improved and cash-flowing property in a strong rental market, walking distance to downtown Des Plaines.

Learn more about this transaction here.