Park Towers Apartments_出售物業
Park Towers Apartments_出售物業

Park Towers Apartments

3905 Tower Dr, Richton Park, IL, 60471-1341, US

描述

Jones Lang LaSalle Americas (Illinois), L.P. (JLL) is pleased to present Park Towers Apartments, a well-maintained midrise community featuring 270 spacious apartment units in Richton Park, Illinois, a stable and thriving working-class suburb of Chicago. This attractive property provides residents with comfortable one- and two-bedroom floor plans, each thoughtfully designed and enhanced with quality features that create an inviting living environment. Situated right next to the Richton Park Metra station, Park Towers Apartments offers unparalleled convenience, allowing residents quick and easy access to major employers, local amenities, and all the attractions and destinations throughout Chicagoland.


For investors, Park Towers Apartments represents an outstanding opportunity to acquire a high quality, income-generating asset in a desirable suburban market with a strong resident base.


Additionally, there is significant upside potential through the implementation of strategic unit upgrades, positioning the property for rent growth and increased value in the future. This is a rare chance to own a prominent multifamily community in a stable location that continues to benefit from strong demand and excellent connectivity.

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特性

單位數量
270
使用/出租率
95%
落成年份
1974
建築物面積 (淨面積)
251,100 平方呎
停车位数量
300
Indoor Parking Spaces
66

媒體

投資亮點

Exceptional Suburban Chicago Location

  1. Steps from Richton Park Metra Station (Direct access to Downtown Chicago)
  2. Proximity to Major Expressways I-57/US-30
  3. Abundant Recreation Options – Hiking, Golfing, Entertainment, Shopping & More

Stellar Asset Performance & Investment Attributes

  1. Impressive Rent Increases of 7.1% on Renewals and 11.7% on Trade-Outs (since April 2025)
  2. Verifiable Value-Add Upside - Current Renovated Units Achieve ~$200+ Premiums
  3. Large Unit Sizes (~930 avg sf homes) & Private Balconies For Every Unit
  4. Rarely Available Suburban Mid-Rise Asset
  5. $6.7M+ Strategic CapEx Spent Since 2020

Strong Submarket Performance:

  1. Projected 3-yr Avg Occupancy of 95%+
  2. 4.1% Year-Over-Year Rent Growth
  3. 3.4% 3-Year Projected Effective Rent Growth
  4. Muted Future Supply: No projects under construction within a 5-mile radius
Park Towers Apartments 4_出售物業
Park Towers Apartments 4_出售物業

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最后更新
2025年11月10日