660 Elm Street $4,970,000


    660 Elm Street Deerfield, IL 60015

    • 0.99 Acres
    • Commercial
    • MLS# 10829805
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    Views: 13 Days On Site: 55

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    Property Details

    Great opportunity to own a Cash Flowing, 7-Unit Townhome Development in the heart of Deefield. Built to a high-end for sale level, Elm Street Place sets the standard for new construction rental properties. Located within steps of Deerfield's best shopping, dining & transportation options this property has it all. Unit mix includes (6) 3-bedroom, 2.5 bath townhomes & (1) 2-bedroom, 2.5 bath townhome. Interior features include a 2-car garage with ample storage, 9-foot ceilings on the first two levels, fully sprinklered units with quick recovery water heater and energy efficient HVAC system, walk-in Laundry room with side by side washer & dryer and thermal insulation throughout. High end finishes include 42" upper cabinets with soft close doors and drawers, 3 cm Quartz Countertops with eased edge, Kitchen Aid appliances in stainless steel, Kohler plumbing fixtures, solid core 2-panel doors & hardwood floors on main living levels. First of two buildings is complete and fully leased. Second building delivers in Late October 2020. Value predicated on property being fully leased.

    • General Features
      • Additional Parcels Y/N No
      • Area Deerfield, Bannockburn, Riverwoods
      • County Or Parish Lake
      • Current Use Multi-Family
      • Electric Expense 0
      • Fuel Expense 0
      • Gross Income 365400
      • Gross Scheduled Income 365400
      • Net Operating Income 280900
      • Number Of Units Total 7
      • Operating Expense 84500
      • Operating Expense1 0
      • Possible Use Multi-Family
      • Tax Year 2019
      • Tenant Pays Air Conditioning,Electricity,Heat,Scavenger,Sewer,Other
      • Year Built 2020
      • Zoning PUD
    • Building Features
      • Building Area Total 19123
      • Cooling Central Air
      • Electric 101-200 Amps
      • Stories 2
    • Property Features
      • Land Amenities Curbs and Gutters,Sidewalks,Other,Cable Ready
      • Lot Size Acres 0.99
      • Lot Size Dimensions 231X159X222X178
      • Lot Size Square Feet 43337
      • Parcel Number 16322060150000
      • Parking Total 28



    60015 (Deerfield) Demographics

    43 Median Age
    2,025 Population Density (per sq. mile)
    77% College Educated
    $137,691 Estimated Median Income
    8,263 Estimated Total Home Owners
    1,257 Estimated Total Renters
    87% / 13% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    27,388 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $400,000 Median Sales Price
    51 Homes Sold
    73 New On Market

    Average Days on Site

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $4,970,000
        8/31/2020 12:07:30 AM Status Changed Source New Value: Active
        8/25/2020 10:42:00 AM New in Database Source New Value: $4,970,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.