Four Walker Avenue

CLOSED

Four Walker Avenue

Offering Highlights:
Good Unit Mix (Two Studio Units, 12 One-Bedroom Units, Four Two-Bedroom Units, Four Three-Bedroom Units and Six Commercial Units)
On-Site Laundry Facility
Ample Off-Street Parking With 15 Parking Spaces per 1,000 Square Feet
Fully Sprinkled Building
Poured Concrete Construction
 

Location Highlights: 
Located Within Downtown Clarendon Hills

Easy Access to Route 34, Route 83 and Interstate 294
Footsteps from Nearest Pace Bus Stop
One Block from Clarendon Hills Metra Station
Close Proximity to Retail and Dining Options along Ogden Avenue
Surrounded by Numerous Top Rated Schools, Parks, Country Clubs and Nature Trails
Average Household Income Within One Mile is $188,255

4 Walker Avenue, Clarendon Hills, IL 60514

Sale Price $3,381,000

* Closed in 52 Days

Market Summary

Price                                $RFO

NOI                                  $206,222

NOI Year 1                      $266,123 

Rentable SF                    33,765 SF

Year Built                        1966

Lot Size                           .81 Acres

Description

Marcus & Millichap is pleased to present a mixed-use property located at 4 Walker Avenue in Clarendon Hills, Illinois. The property features 22 apartment units and six commercial spaces.

 

The residential unit mix is comprised of two studio units, 12 one-bedroom / one-bathroom units, four two-bedroom / one-bathroom units and four three-bedroom / one-bathroom units measuring approximately 390, 750, 1,170 and 1,560 square feet, respectively. Additionally, the property features six commercial spaces, with varying square footage between 727 and 4,433 square feet.

 

The building features an on-site laundry facility and 48 off-street parking spaces, which roughly translates to 15 spaces per 1,000 square feet. The property sits on 0.81 acres, has copper wiring, copper plumbing and is fully sprinkled. Its foundation is slab on grade while the construction consists of poured concrete.