Luxury Multifamily Property in Des Plaines, IL
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Financial Details
- Annual Revenue:
- $6,580,067
- Cash Flow / SDE:
- $3,964,436
- Location:
- Des Plaines, IL, US
- Source:
- Date:
- June 14, 2025
Key Highlights
- Features 212 units with condo-quality finishes and a mix of studio, one-, and two-bedroom apartments.
- Built in 2023 with a high occupancy rate of 98.1%.
- Generates a net operating income of $3,964,436.
Description
This listing presents a multifamily property for sale in Des Plaines, IL. The property features 212 units with a mix of studio, one-, and two-bedroom floor plans. It boasts condo-quality interior finishes and a comprehensive amenities package. The property was built in 2023 and has a high occupancy rate of 98.1%. The effective gross income is $6,580,067, with total expenses of $2,615,621, resulting in a net operating income of $3,964,436.
Industry Information
- Industry Description:
- Real Estate
- Classification:
- Financial Services
Listing Details
- Listing ID:
- b1eeb704-8dfe-4350-a6b8-c1619a26f559
- Deal Status:
- For Sale
- Date Posted:
- June 12, 2025
- Last Updated:
- June 14, 2025
- Currency:
- USD
Features & Tags
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