Multifamily
Oak Park & Forest Park Portfolio
935 South Blvd, Oak Park, IL 60302
Listing Price: $14,100,000
Investment Overview
Marcus & Millichap is pleased to present this 123-unit multifamily portfolio, built between 1915 and 1965, located in Oak Park and Forest Park, Illinois.
The five buildings are comprised of 19 studio / one-bathroom units, 96 one-bedroom / one-bathroom units and eight two-bedroom / one-bathroom units, measuring approximately, on average, 509, 656 and 832 square feet, respectively. The properties feature ample off-street parking, designated tenant storage, and on-site laundry facilities.
This investment offers an investor a value-add opportunity to acquire a rarely available portfolio from a long-term owner offering significant rental upside.
Investment Highlights
- Five Property Portfolio: All Located Within a Five Mile Radius
- Ample Off-Street Parking, Designated Tenant Storage, and On-Site Laundry Facilities
- Value Add Opportunity through Renovation of Units and Significant Rental Upside
- Close to Oak Park Metra Station and Forest Park CTA Blue Line Station
- Near Oak Park and River Forest High School and Proviso East High School
- Close Proximity to a Variety of Retail and Dining Options
Exclusively Listed By
Listing Price: $14,100,000
Investment Highlights
- Five Property Portfolio: All Located Within a Five Mile Radius
- Ample Off-Street Parking, Designated Tenant Storage, and On-Site Laundry Facilities
- Value Add Opportunity through Renovation of Units and Significant Rental Upside
- Close to Oak Park Metra Station and Forest Park CTA Blue Line Station
- Near Oak Park and River Forest High School and Proviso East High School
- Close Proximity to a Variety of Retail and Dining Options
Investment Overview
Marcus & Millichap is pleased to present this 123-unit multifamily portfolio, built between 1915 and 1965, located in Oak Park and Forest Park, Illinois. The five buildings are comprised of 19 studio / one-bathroom units, 96 one-bedroom / one-bathroom units and eight two-bedroom / one-bathroom units, measuring approximately, on average, 509, 656 and 832 square feet, respectively. The properties feature ample off-street parking, designated tenant storage, and on-site laundry facilities. This investment offers an investor a value-add opportunity to acquire a rarely available portfolio from a long-term owner offering significant rental upside.