Two-Building Multifamily Apartment
For Sale
Contact for pricing
Pending
52-60 Elm Ave, Carpentersville, IL 60110
Two buildings totaling nine 2 bed/1 bath units, with new boilers, water heaters, windows, and 16 parking spaces.
Property SizeContact for details
Days on Market122
Property Features for 52-60 Elm Ave
General Information
Standard status
Pending
Total Parking Spaces
16
Property subtype
Multifamily
Additional Details
Multifamily Units
9
Building Details
Tenancy
Multi
Listing Agency:
McCann Properties
Listed By:
Charles McCann · License #IL 60148
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 9 at 6:28AM
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 McCann Properties
Investment Insights
Based on property information with market context.
Two identical multifamily buildings at 52–60 Elm Ave, Carpentersville, IL total nine 2-bedroom, 1-bath units, with one building containing four units and the other containing five. Each unit is approximately 750 SF. Property improvements include a new boiler, new water heater, and new windows, along with a roof reportedly about 10 years old. The site provides ample parking with 16 spaces.
The property also includes a value-add consideration: the possibility to add two apartments in the basement of 52 Elm. Showings are scheduled for Wednesday, 2/15 by appointment only. Offer instructions indicate multiple offers have been received, and buyers are asked to submit their highest and best offer by Wednesday, February 15th at 5pm, with a minimum 35% down-payment proof of funds required to set appointments.
The property also includes a value-add consideration: the possibility to add two apartments in the basement of 52 Elm. Showings are scheduled for Wednesday, 2/15 by appointment only. Offer instructions indicate multiple offers have been received, and buyers are asked to submit their highest and best offer by Wednesday, February 15th at 5pm, with a minimum 35% down-payment proof of funds required to set appointments.
Key Highlights
- Two identical buildings with a total of 9 units: one building has 4 units and the other has 5 units, all 2 bed/1 bath.
- Each unit is approximately 750 SF.
- Recent upgrades include a new boiler, water heater, and windows.
Property Analytics
Current Use
Lease Details
9
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
912
Businesses Nearby
Explore this area
Business Placement
Demographics for 60110, IL
38,762
Population
12,297
Households
3.2
Avg Household Size
32
Median Age
24%
College-Educated
75%
High-School Grad
8.4 sq mi
ZIP Area
4,615
Density / Sq Mi
$87,714
Median Household Income
$37,892
Median Earnings
$1,421
Median Rent
$224,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two buildings totaling nine 2 bed/1 bath units, with new boilers, water heaters, windows, and 16 parking spaces.
Where is this apartment building located?
The property is located at 52-60 Elm Ave Carpentersville, IL.
What are key features of this property?
This property features: Two identical buildings with a total of 9 units: one building has 4 units and the other has 5 units, all 2 bed/1 bath.; Each unit is approximately 750 SF.; Recent upgrades include a new boiler, water heater, and windows.
