Property Overview
Interra Realty has been exclusively engaged to market 726 W Roy Dr. in Villa Park, IL. The multifamily asset is comprised of 6-units in one of the most sought out counties to invest in Illinois, Dupage County. The unit mix consists of Five (5) 2 bedroom apartments and One (1) 1 bedroom apartments.
Majority of the apartments (4) have been updated with hardwood flooring, formica countertops, new kitchen cabinets and updated bathroom vanities. The units are heated through hot water baseboard and cooled through window-sleeve a/c units.
Capital items have been addressed during the course of ownership include a complete tear-off roof (2023), re-paved parking lot (2023), windows have been replaced with updated units, and a new water tank. The building is outfitted with secured entrances, and ample amount of parking. The property includes common laundry facilities (owned by the landlord).
This investment subject provides an opportunity to acquire an asset in a low-sale velocity county and increase rents in as-is condition.
Highlights
- Rarely available investment opportunity in Dupage County
- Attractive Unit Mix of Majority 2 Bedrooms
- Brand New Replaced Roof & Repaved Parking Lot (2023)
- Increase Rents In As-Is Condition