Fully occupied 24-unit multifamily complex in Aurora, Illinois offering a generous Cap Rate, Cash-on-Cash rate of return and higher than average upside in rental income based on amenities and location.

84 Unit Multifamily Property For Sale. Condo Quality Construction. All 2-Bed / 1-Bath Units with Dining Room. 90 Percent Updated Units. Tenant Paid Electric Baseboard Heating & HW. Very Well-Maintained / Long-Term Ownership.

The spread between owning and renting will weigh on single-family sales as the monthly mortgage payment for a median-priced home is now $339 more than the average monthly rent for an apartment, the highest spread since 2008

2018 brought historic changes to the economy, tax laws and real estate markets. The decisions you make today will have dramatic effects on the performance of your investments for years to come. Join Marcus & Millichap and industry-leading experts for a series of live webcasts. Gain the insight to ensure you are prepared for what’s to come.

Buying a home is getting more and more expensive, thanks to sharp increases in both prices and mortgage rates. That is juicing demand for apartment rentals and, in turn, pushing rents higher.

The average monthly net rent at top-tier apartment buildings in downtown Chicago rose 5.7 percent in the second quarter from a year earlier, but another construction wave will test the market in 2019 and 2020.