Address: 1120 Minns Dr, Machesney Park, IL 61115, USA
- 97% Occupied
- Below Market Rents
- Both Buildings New Shingled Roofs in 2022
- Spacious Apartments
- 1998 Construction
- Tenant Paid Electric Heat
- Minutes from Routes 251 and 173
- One Site Laundry
- Sprinkler System and Fire Alarms in Both Buildings
- 46 Parking Spaces
Property Description
33 Realty's pleased to present for sale Brookview Apartments located at 1120 & 1130 Minns Drive in Machesney Park, IL 61115. Consisting of two identical buildings on a generous 1.8 acres of land, the property offers 32 units, with an excellent mix of 24 two bedroom/one bathroom units and 8 one bedroom/one bathroom apartments. Completed in 1998, the property offers spacious units, modern kitchens and bathrooms, on site laundry, tenant paid electric heat, individual water heaters, and a total of 46 parking spaces.
Major recent improvements include a complete tear off roof with new shingles and new plywood decking installed in 2022. The property also offers a full sprinkler system and fire alarm system wired directly to the local fire department.
Brookview Apartments present a tremendous opportunity to add signifcantly value by raising rents to market values over time with strategic improvements to the units as they become available.