2610 MARIGOLD DRIVE, SAUK VILLAGE, IL 60411
Interra Realty has been exclusively engaged to market the Crossroads Apartments. The subject property is a 180 unit apartment community located in Sauk Village, Illinois, a southeast suburb of Chicago
The unit mx is comprised of twenty (20) studio, sixty (60) one-bedroom, eighty (80) two-bedroom and twenty (20) three-bedroom, two-bath apartments spread across ten (10) uniform buildings. One of the three-bedroom units has been converted into an on-site property management and leasing office. Current ownership has renovated fifty (50) apartments with new vinyl plank flooring, new countertops and cabinetry. This value-add strategy has resulted in an average rental premium of 14% and represents a 60% return on cost.
- Suburban Apartment Community Offering Immediate Scale
- Significant Value-Add Program Remaining (Approx. 72%) Via Proven Business Model
- Renovated Units Achieving 14% Rental Premium and Represent 60% Return on Cost
- Professionally Managed Property with Community Amenities
- 1.7:1 Parking (307 Spaces)