Multifamily
16733-35 Forest Ave
16733-35 Forest Ave, Oak Forest, IL 60452
Listing Price: $1,500,000
Investment Overview
Marcus & Millichap is pleased to present this 12-unit apartment property, built in 1977, located at 16733-16735 Forest Avenue in Oak Forest, Illinois. The building is comprised of four one-bedroom / one-bathroom units and eight two-bedroom / one-bathroom units, measuring 800 and 950 square feet, respectively. The property features a two car attached garage, six and one-half car detached garage units, and ample off-street parking. The property also has designated tenant storage, on-site laundry facilities, newer water heaters and a newer boiler. This investment offers an investor the opportunity to acquire a well-maintained asset with immediate cash flow upon acquisition.
16733-35 Forest Ave
Investment Highlights
- Desirable Unit Mix (Four One-Bedroom / One-Bathroom Units and Eight Two-Bedroom / One-Bathroom Units)
- Two Car Attached Garage, Six and One-Half Car Detached Garage Units and Ample Off-Street Parking
- Designated Tenant Storage and On-Site Laundry Facilities in Each Building
- Newer Water Heaters and Boiler
- Easy Access to Interstate 80, Interstate 57, Route 50 and Route 6
- One and One-Half Miles to Oak Forest Metra Station and Walking Distance to PACE Bus Stop
- Close Proximity to Retail Options including Walmart and Jewel Osco and Nearby Dining Options include Starbucks, Wendy's, and Sonic
- Near Fieldcrest Elementary School and Surrounded by Recreational Parks, including Midlothian Reserve and Oak Forest Heritage Preserve
Exclusively Listed By
Listing Price: $1,500,000
Investment Highlights
- Desirable Unit Mix (Four One-Bedroom / One-Bathroom Units and Eight Two-Bedroom / One-Bathroom Units)
- Two Car Attached Garage, Six and One-Half Car Detached Garage Units and Ample Off-Street Parking
- Designated Tenant Storage and On-Site Laundry Facilities in Each Building
- Newer Water Heaters and Boiler
- Easy Access to Interstate 80, Interstate 57, Route 50 and Route 6
- One and One-Half Miles to Oak Forest Metra Station and Walking Distance to PACE Bus Stop
- Close Proximity to Retail Options including Walmart and Jewel Osco and Nearby Dining Options include Starbucks, Wendy's, and Sonic
- Near Fieldcrest Elementary School and Surrounded by Recreational Parks, including Midlothian Reserve and Oak Forest Heritage Preserve
Investment Overview
Marcus & Millichap is pleased to present this 12-unit apartment property, built in 1977, located at 16733-16735 Forest Avenue in Oak Forest, Illinois. The building is comprised of four one-bedroom / one-bathroom units and eight two-bedroom / one-bathroom units, measuring 800 and 950 square feet, respectively. The property features a two car attached garage, six and one-half car detached garage units, and ample off-street parking. The property also has designated tenant storage, on-site laundry facilities, newer water heaters and a newer boiler. This investment offers an investor the opportunity to acquire a well-maintained asset with immediate cash flow upon acquisition.
Exclusively Listed By
