Stone Crossing Apartments

1240 Nantucket Road
Aurora, Illinois, 60506

Location

Aurora

ASSET TYPE

Multi-Family

PRICE

$16,850,000

Property Description

The subject property is a 258-unit, garden-style apartment complex situated on 7.29 acres of land. There are 70, 1-bedroom, 1-bathroom apartments (27%); 170, 2-bedroom, 1-bathroom apartments (66%); and 18, 3-bedroom, 1.1-bathroom townhouses (7%). The entire complex has been completely renovated over the past several years and features:

- New kitchens and baths
- Individual, furnaces with central air conditioning units
- Updated mechanicals and electricals
- New windows
  • Fully-Renovated
  • Stabilized, Garden-Style, Apt Complex
  • 70 1Bdr/1Ba Units
  • 170 2Bdr/1Ba Units
  • 18 3Bdr/1.1Ba Townhouses
  • 7.4% Cap Rate

Contact Kiser Group Listing Agent

Mike Anguiano

manguiano@kisergroup.com773.293.5025

View Agent Profile