Mostly Renovated Apartment
New
For Sale
Contact for pricing
25 Briar St, Glen Ellyn, IL 60137
Well-maintained 180-unit multifamily property with major renovations and numerous capital improvements.
Days on Market5
Property Features for 25 Briar St
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
180
Amenities
$3,870,000 in Recent Capital Improvements
Amenities Include Swimming Pool, Playground, Courtyard, On- Site Laundry Facility, Bike Racks, and Ample Off-Street Parking
Approximately 95% of Units are Remodeled with New Flooring, Stainless Steel Appliances, and Granite Countertops
Attractive Assumable Debt with 3.15% Interest Rate, 30 Year Amortization with Six Years Remaining and Potential to Add a Supplemental Loan
Desirable DuPage County Location
Two Miles to Downtown Glen Ellyn, Offering Local Dining and Shopping, and the Metra Station
Served by Glenbard South High School, Ranked #42 in Illinois by U.S. News & World Report
Median Household Income within One Mile is $110,221
Building Details
Building Size
132,010 SF
Listing Agency:
Chicago Oak Brook Office
(630) 570-2230
Listed By:
Ryan Engle · License #License(s): IL: 475.143971
(630) 570-2230
Source:
Marcusmillichap
Added: Jul 26
Changed: Jul 27
Last Checked: Jul 30 at 2:24AM
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 Chicago Oak Brook Office
Investment Insights
Based on property information with market context.
Iron Gate Apartments is a 180-unit multifamily property in Glen Ellyn, Illinois, marketed exclusively by Marcus & Millichap. The offering is described as a well-maintained asset that is mostly renovated, with numerous capital improvements in place.
The property is positioned in DuPage County, within Glen Ellyn. The seller’s materials also note upside potential in rents, reflecting opportunities tied to the property’s current improvements and remaining in-place value.
For investors and buyers seeking residential income exposure, Iron Gate Apartments presents a scale multifamily asset with documented renovation activity and additional capital improvement work already completed.
The property is positioned in DuPage County, within Glen Ellyn. The seller’s materials also note upside potential in rents, reflecting opportunities tied to the property’s current improvements and remaining in-place value.
For investors and buyers seeking residential income exposure, Iron Gate Apartments presents a scale multifamily asset with documented renovation activity and additional capital improvement work already completed.
Key Highlights
- 180‑unit multifamily property in Glen Ellyn, IL
- Mostly renovated with major renovations completed
- Numerous capital improvements documented
Property Analytics
Current Use
Lease Details
180
Residential units
Location Intelligence
Trade Area within ½ mile
374
Businesses Nearby
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Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 180-unit multifamily property with major renovations and numerous capital improvements.
Where is this apartment building located?
The property is located at 25 Briar St Glen Ellyn, IL.
What are key features of this property?
This property features: 180‑unit multifamily property in Glen Ellyn, IL; Mostly renovated with major renovations completed; Numerous capital improvements documented
