2256 Nichols Road

• Prime Location: Conveniently Situated Near Major Transportation Routes And Suburban Amenities In Arlington Heights
• Low-Maintenance Investment: Association Management Covers Landscaping, Snow Removal, And Scavenger Services
• Value-Add Opportunity: Nearly 10% Potential Rental Income Growth By Adjusting Current Below-Market Rents To Market Levels
• Desirable Unit Mix: Five (5) 2Bd/1Ba And One (1) 1Bd/1Ba Apartments With Spacious Floor Plans

Property Description

Essex Realty Group, LLC. is pleased to exclusively market for sale 2256 Nichols Road, Arlington Heights, IL. This six-unit (6) apartment building is part of the Country Glen Apartments community and features a unit mix of five (5) 2Bd/1Ba and one (1) 1Bd/1Ba apartments with spacious floor plans. The property benefits from association management that handles landscaping, snow removal, and scavenger services, making it a low-maintenance investment opportunity. Current rents at the property are below market, providing investors with an opportunity to increase rental income by nearly 10% in its as-is condition through market rent adjustments. Located near major transportation routes, retail centers, and suburban amenities, 2256 Nichols Road offers tenants convenience and accessibility. Arlington Heights' strong residential demand and vibrant community further enhance this property's appeal, making it an excellent value-add opportunity for investors.