Age-Restricted Multifamily
For Sale
Contact for pricing
Pending
3305 Sunset Ave, Waukegan, IL 60087
Age-restricted rental community with underground parking, indoor pool, elevator, fitness center, and shared resident spaces.
Property SizeContact for details
Days on Market143
Property Features for 3305 Sunset Ave
General Information
Standard status
Pending
Elevators
Yes
Property subtype
Multifamily
Additional Details
Cap Rate
6.1%
Multifamily Units
59
Amenities
heated underground parking
indoor swimming pool
fitness center
community room storage room
Building Details
Year Built
1995
Tenancy
Multi
Listing Agency:
Kiser Group
Listed By:
Danny Mantis · License #IL 478011464
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Apr 11 at 11:49AM
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 Kiser Group
Investment Insights
Based on property information with market context.
This age-restricted multifamily community in Waukegan, Illinois, was developed about 1995 and includes 104 units overall. The offering consists of 63 PINs representing 59 seller-owned units, which are currently rented to tenants. Because some units have been combined, the parcel count differs from the unit count.
Resident amenities include heated underground parking, an indoor swimming pool, elevator service, a fitness center, community room, and storage room. The offered ownership interest represents approximately 60% of the association. The property is located in Lake County and provides an established senior-oriented residential setting with multiple shared amenities.
Resident amenities include heated underground parking, an indoor swimming pool, elevator service, a fitness center, community room, and storage room. The offered ownership interest represents approximately 60% of the association. The property is located in Lake County and provides an established senior-oriented residential setting with multiple shared amenities.
Key Highlights
- 59 seller‑owned units currently rented to tenants
- 63 PINs associated with the transaction
- 104 units in the overall community
Property Analytics
Property Profile
Current Use
Lease Details
59
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
251
Businesses Nearby
Explore this area
Business Placement
Demographics for 60087, IL
28,207
Population
10,047
Households
2.8
Avg Household Size
36
Median Age
18%
College-Educated
77%
High-School Grad
13.0 sq mi
ZIP Area
2,170
Density / Sq Mi
$79,162
Median Household Income
$38,929
Median Earnings
$1,294
Median Rent
$185,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Age-restricted rental community with underground parking, indoor pool, elevator, fitness center, and shared resident spaces.
Where is this multifamily property located?
The property is located at 3305 Sunset Ave Waukegan, IL.
What are key features of this property?
This property features: 59 seller‑owned units currently rented to tenants; 63 PINs associated with the transaction; 104 units in the overall community
