2325 Aster Lane Crest Hill, IL 60403 Multi Unit - Multiple New

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Description

10 Crest Hill Townhomes. 10 Strong income-producing units offering an attractive 7.4 cap rate with additional upside potential! Conveniently located in Crest Hill with Plainfield schools, this well-positioned investment provides an excellent opportunity for both seasoned investors and those looking to expand their rental portfolio. The portfolio features 10 two-bedroom townhomes, including 4 units with 1.5 baths and 6 units with 1 bath. Six units include garages, adding valuable tenant appeal and helping support strong rental demand. Every unit has been recently updated, offering a turnkey investment with minimal immediate capital needs. With low operating expenses, strong current income, and room for future rent growth, this portfolio provides an appealing combination of cash flow and appreciation potential. Convenient access to I-55, I-80, shopping, dining, and everyday amenities makes these properties highly desirable for renters. 10 units. 20 bedrooms. 7.4 cap rate. Recently updated. Six garages. Low expenses. Rent upside. Plainfield schools. A rare opportunity to acquire a turnkey multi-unit portfolio in a convenient, high-demand location. Investors looking for stable income with room to grow should take a serious look at this Crest Hill opportunity!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Will
Listed By:
RE/MAX Professionals Select 630-904-6400
MRED MLS
$1,950,000
Est. $13,143/mo
New to the Market New
BEDS0 BATHS MLS#12739005
STATUSNew PROPERTY TYPEMulti Unit - Multiple

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2325 Aster Lane, Crest Hill, IL 60403.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,950,000$1,950,000$1,950,000
Down Payment $68,250$0$390,000
Monthly Mortgage Amount $11,945$12,427$9,860
Taxes $2714$2714$2714
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,170$0$0
Monthly Estimated Total $16,398$15,710$13,143

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