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The Residences at Robert's Rd.

$4,200,000

10700 South Roberts Road, Palos Hills, IL 60465

Active
Last Updated: 11/03/2022

6.5

Cap Rate

273,161

NOI

Details:
Cap Rate:    6.5%
NOI:    $273,161
Building Size:    26,252 sqft
Occupancy:    100%
Units:    33
Year Built:    1965
Zoning:    B1-A
Description:

Multifamily Investment Advisors with KW Commercial and Keller Williams ONEChicago is pleased to present 10700 Roberts Road, a two story 33 unit mixed-use residential asset, located in Southwest Cook County’s Palos Hills just 23 miles southwest of Chicago,IL. Palos Hills is a lush suburb surrounded by wooded areas and nature preserves. Palos Hills residents enjoy the city’s peaceful, family-friendly atmosphere as well as its convenience to the many amenities of Chicago. Neighboring Worth and Chicago Ridge provide modern delights like the Chicago Ridge Mall and Lake Katherine Nature Center and Botanic Gardens within minutes of Palos Hills. Quick access to I-294 and Metra’s Southwest Service makes for easy navigation in and through Palos Hills. Transportation options available in Palos Hills include Burr Oak Station, located 9.5 miles from 10700 S Roberts Rd. 10700 S Roberts Rd is near Chicago Midway International, located 11.0 miles or 19 minutes away, and Chicago O'Hare International, located 28.4 miles or 39 minutes away. The property has excellent exposure on Robert's road with a traffic count of 21,357 vehicles per day.
 





Turnkey Investment Opportunity with Value Add Potential
Average Household Income of $82,691
21,357 Vehicles Per Day along Robert’s Rd.

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