DARIEN

 

Property Info:

 

Units – 6, DARIEN

Triton Realty Group is pleased to present a free standing brick 6 unit building located in Darien IL. This brick 1978 construction building has been owned by the same owner for the last 30+ years and provides a great value-add opportunity. All two bedroom units throughout, approx 1,000 SF each. Includes a parking lot with 12 spaces, individual storage units, and washer & dryer on-site. With currently below market rents, this property allows a new owner to raise rents over 25% to the market rate and achieve a pro forma cap rate of 7.5%. Upper units each have two balconies. No association. Hinsdale South school district. Easy access to I-55.

Sold Price: $597,500
 
AGENT: Edward Liss