3rd Street W

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3rd Street W

Braidwood, IL 60408
Asking Price
Contact for price
Asset Type
Single Family Rental Portfolio Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The subject property consists of 0.77 acres of land.
  • This asset is classified as a single family rental portfolio.
  • The land is situated at 3rd Street W in Braidwood.
  • Braidwood maintains a position within the growing Illinois metro area.
  • The site offers potential for residential development and expansion projects.

What's Special

Situated in the growing suburban landscape of Braidwood, Illinois, this 0.77-acre parcel of land presents a clear development profile. The property is positioned within the 60408 zip code, an area serving the residential needs of the greater metro region. Its characteristics as a single family rental portfolio asset suggest suitability for investors focused on residential expansion or the creation of a housing development project tailored to the local market demand. Developers and institutional investors may utilize this site to address the consistent need for modern rental housing in this established community. The location benefits from its accessibility within the regional infrastructure, providing a practical foundation for future residential use cases. By leveraging the existing footprint, operators can target growth trends within the Braidwood submarket to provide scalable living solutions.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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