561-564 DEERE PARK Circle, BARTLETT IL 60103 Photo 1 561-564 DEERE PARK Circle, BARTLETT IL 60103 Photo 2 561-564 DEERE PARK Circle, BARTLETT IL 60103 Photo 3 561-564 DEERE PARK Circle, BARTLETT IL 60103 Photo 4 561-564 DEERE PARK Circle, BARTLETT IL 60103 Photo 5 561-564 DEERE PARK Circle, BARTLETT IL 60103 Photo 6 561-564 DEERE PARK Circle, BARTLETT IL 60103 Photo 7 561-564 DEERE PARK Circle, BARTLETT IL 60103 Photo 8 561-564 DEERE PARK Circle, BARTLETT IL 60103 Photo 9 561-564 DEERE PARK Circle, BARTLETT IL 60103 Photo 10 561-564 DEERE PARK Circle, BARTLETT IL 60103 Photo 11 561-564 DEERE PARK Circle, BARTLETT IL 60103 Photo 12
Listing Courtesy of American Realty Services, Inc.

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561-564 DEERE PARK Circle - Financing with all third party inspections done available to qualified buyer. Asking Price 9.37 Times Gross Income! Bartlett Lake Financing Apartment Complex consists of four 4 story elevator buildings built on 11.02 acres. There are 136 2 bedroom apartments and 56 1 bedroom apartments. Average size of apartments is 850 sqft. There are 350+ parking spaces. The property boasts a playground and recently totally refurbished swimming pool10.78 acres located on the corner of Lake St (Route 20) and Bartlett Rd in Bartlett Illinois 1/4 mile from train and near new Elgin O"Hare exit.

Listing information

  • MLS® ID: 10482654
  • Status: Active
  • New Construction: No
  • Lot Size: 11.02 ACRES
  • Style: Multi-Family
  • Stories: 4
  • Foreclosure: No
  • Estimated Annual Taxes: $303,000
  • Year Built: 1971
  • Parking Type Description: None 0 cars
  • Lot Area: 11.02 Acres
  • County: Cook

Features

Air Conditioning Wall Sleeve
Approximate Age 36-50 Years
Built Before 1978 (Y/N) Yes
Construction Brick
Exterior Building Type Brick
Franchisor Feed(y/n) No
Heat/Ventilation Gas, Hot Water
Information 24-Hr Notice Required
Other # Of Ranges - 192, # Of Refrigs - 192, # Of Units - 192, Approx Total Bldg Sq Ft - 195216, Electricity Expense - 28000, Fuel Expense - 70000, Gross Rent Multiplier - 9, Gross Rental Income $ - 2388552, Insurance Expense - 125000, Janitor Expense - 65000, Net Oper Income $ - 13568, Other Expenses - 15932, Repairs-Decor Expense - 98000, Scavenger Expense - 15800, Tax Year - 2017, Total Annual Exp - 1095134, Total Annual Income - 238855, Total Monthly Income - 199046, Township - Hanover, Water Expense - 110000, Zoning Type - Multi
Possession Closing
Property Type Multi Family 5+
Sale Terms Assumption-Conv, Conventional
Tenant Pays Electric
Type Multi-Family Corridor-Interior Entrance
Listing Courtesy of American Realty Services, Inc.