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Mostly Renovated Apartment Building
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11 Briar Street, Glen Ellyn, IL 60137

Well-maintained 180-unit multifamily property with numerous capital improvements and mostly renovated interiors.

Property Size132,010 SF
Days on Market7

Property Features for 11 Briar Street

General Information

Standard status Active
Size 132,010 SF
Property subtype Multifamily

Additional Details

Business Included No
Multifamily Units 180
Listing Agency: Marcus & Millichap - Chicago Oak Brook
Listed By: Ryan Engle · License #IL 475.143971
Source: Crexi
Added: Jul 24 Changed: Jul 28 Last Checked: Jul 29 at 6:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Chicago Oak Brook

Investment Insights

Based on property information with market context.

Iron Gate Apartments is a well-maintained, 180-unit multifamily property presented for sale at 11 Briar Street. The asset is described as mostly renovated and has numerous capital improvements, offering a modernized foundation for an investor seeking to enhance performance.

The property is located in Glen Ellyn, Illinois, within DuPage County. The offering highlights potential upside in rents based on the property’s current condition and renovation status.

Key Highlights

  • 180‑unit multifamily property in Glen Ellyn, Illinois (DuPage County).
  • Well‑maintained apartment community with numerous capital improvements.
  • Mostly renovated interiors.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bakery Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

180
Residential units

Location Intelligence

Trade Area within ½ mile

374
Businesses Nearby

Demographics for 60137, IL

38,985
Population
15,049
Households
2.6
Avg Household Size
41
Median Age
64%
College-Educated
95%
High-School Grad
11.0 sq mi
ZIP Area
3,544
Density / Sq Mi
$131,695
Median Household Income
$68,931
Median Earnings
$1,321
Median Rent
$490,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained 180-unit multifamily property with numerous capital improvements and mostly renovated interiors.
Where is this apartment building located?
The property is located at 11 Briar Street Glen Ellyn, IL.
What are key features of this property?
This property features: 180‑unit multifamily property in Glen Ellyn, Illinois (DuPage County).; Well‑maintained apartment community with numerous capital improvements.; Mostly renovated interiors.
More about this property
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