The Hartford — Sale in Homewood, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Homewood, IL 60430

Photos

The Hartford — Sale in Homewood, IL, photo 1 of 2
The Hartford — Sale in Homewood, IL, photo 2 of 2

Investment Figures

Cap rate
6.03%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap has been selected to exclusively market for sale The Hartford, a 37-unit multifamily property in Homewood, Illinois. This investment offers an investor the opportunity to acquire a newly constructed, stabilized asset that offers cash flow on day one. Investment Highlights: • Newer Construction, Built in 2023 • Located in the Heart of Downtown Homewood • Amenities: Outdoor Terrace, Elevator, Bike Racks, Garage Parking, and Off-Street Parking • Walking Distance to Homewood Metra Station and Amtrak Station • Average Apartment Unit Size: 715 Square Feet • Average Apartment Rent Per Unit: $2,094/Unit • Average Household Income within One Mile is $109,068

Market Context

This mixed use in Homewood, IL is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing mixed use assets. Compare it against other mixed use listings for sale in Homewood, IL — view the full market.

Contact

Explore this market

Similar Business for Sale in Illinois