Senior Housing LIHTC
265 Lakeshore Dr Bolingbrook, IL 60440
For Sale
Contact for pricing
Pending
105-unit senior LIHTC property includes a resident clubhouse with kitchen, dining, laundry, and an exercise room.
Property Size74,047 SF
Days on Market689
Property Features for 265 Lakeshore Dr
General Information
- Standard status
- Pending
- Size
- 74,047 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2010
Listing Agency:
SVN Chicago Commercial
Listed By:
Dan Short · License #IL 475208480
Source:
Crexi
Added: Sep 4, 2024
Changed: Jul 23
Last Checked: Jul 23 at 6:40AM
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 SVN Chicago Commercial
Investment Insights
Based on property information with market context.
McKenzie Falls is a 105-unit senior (62+) LIHTC property constructed in 2010. The community includes an expansive clubhouse with a large kitchen and dining area, laundry facilities, and an exercise room, along with management offices. Additional on-site support includes garage/storage for maintenance supplies and a spacious two-bedroom unit that can be used for maintenance or management.
Unit affordability requirements include (32) units subject to 50% AMI restrictions and (73) units subject to 60% AMI restrictions. (22) units are covered by a HAP agreement that was renewed for an additional 10-year period effective July 1, 2024, with the LURA extending through 2042.
The property is professionally managed and has maintained a high level of occupancy, and it offers the option to assume the current in-place debt or place new financing.
Unit affordability requirements include (32) units subject to 50% AMI restrictions and (73) units subject to 60% AMI restrictions. (22) units are covered by a HAP agreement that was renewed for an additional 10-year period effective July 1, 2024, with the LURA extending through 2042.
The property is professionally managed and has maintained a high level of occupancy, and it offers the option to assume the current in-place debt or place new financing.
Key Highlights
- 105‑unit senior (62+) LIHTC property built in 2010
- Resident clubhouse includes a large kitchen and dining area, laundry facilities, and an exercise room
- On‑site management/offices plus garage/storage for maintenance supplies and a spacious additional 2‑bedroom unit
Property Analytics
Location Intelligence
Current Use by Public Records
Senior Housing / Retirement ...
FAQs
What type of property is this?
Senior housing / Retirement Home - 105-unit senior LIHTC property includes a resident clubhouse with kitchen, dining, laundry, and an exercise room.
Where is this senior housing / retirement home located?
The property is located at 265 Lakeshore Dr Bolingbrook, IL.
What are key features of this property?
This property features: 105‑unit senior (62+) LIHTC property built in 2010; Resident clubhouse includes a large kitchen and dining area, laundry facilities, and an exercise room; On‑site management/offices plus garage/storage for maintenance supplies and a spacious additional 2‑bedroom unit
