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Address: Investment Opportunity Calumet City IL
 Multi
Family
Investment Opportunity
Investor is sought for a Joint Venture opportunity;
amount needed to invest $937,500 for 25% ownership
in a 71 unit apartment building. Asking Price for property
$3,750,000
Todd
Mathews, a seasoned investor who currently owns and manages
other properties offers this investment opportunity through
the Joint
Ventures Network.
Competitive Advantage
Competitive advantage is our close proximity to the
shopping area, just next door. Also the pace bus line
just next door, and it connect with the CTA train station
in Chicago. From there, you can take the train
into downtown Chicago. No other apartment building
can offer this transportation advantage and closeness
to shopping , restaurants and movie theatres.
Location
Located in Calumet City,IL, ; 25 miles from downtown
Chicago;20 miles from Midway Airport; close to state line
Illinois/Indiana; adjacent to the River Oaks Shopping Mall
which includes restaurants and big box stores like Target
and Walmart , and only a few miles from Interstate
80/94.
The building contains 71 units.
Unit Mix: 36 one bedroom/ one
bathroom units and 35 two bedroom/ one bathroom units measuring
approximately 625 feet and 975 feet respectively.
Rentable Square Feet: 56,625
Number of Stories: Three and
one half
Parking: 81 parking spaces
Lot Size:67,132 |
Equal
Housing Opportunity