Investment Overview

Marcus & Millichap is proud to present a portfolio comprised of six apartment buildings located in Oak Park, Illinois. This portfolio was hand selected over 25 years and consists of 20 units with a mix of eight one-bedroom/one-bathroom units, four two-bedroom/one-bathroom units, six three-bedroom/one-bathroom units and two three-bedroom/two-bathroom units. All buildings have modernized, vintage appeal and most feature garage or surface parking with a total of 12 garage spaces and 6 surface parking spaces. In 2013-2014 more than $45,000 was invested in energy efficiency updates including steam pipe insulation and LED lighting across the portfolio. Oak Park is one of Chicago’s most sought-after suburbs for homeowners and renters. Located approximately nine miles west of the Loop, Oak Park is accessible within 20 minutes via the Eisenhower Expressway (Interstate 290), by Metra and CTA trains, and Pace bus lines. Its unique mix of diversity, community, world-famous architecture, upscale neighborhoods and commerce make it an ideal location to own rental property. Noted for its quality housing stock and schools, Oak Park is a model community which provides a wide range of community services to residents within close proximity to the city of Chicago. This is a unique opportunity for an investor to purchase a real estate business/portfolio of high quality, well-maintained buildings.