Description
Turn-key investment opportunity and ready for immediate cash flow! Well-maintained 12-unit apartment property located in Oak Forest. Property consists of two six-unit buildings located at 16733 Forest Avenue and 16735 Forest Avenue with plots touching each other. Unit mix is comprised of large 8 – 2 bedroom 1 bathroom apartments and 4 – 1 bedroom 1 bathroom units. Property features an attached two car garage, a detached garage with six-car garage spaces, plus ample open parking. Garages generate $800/month on top of the 12 apartments. The buildings feature designated tenant storage, on-site laundry facilities, balconies or patios for each unit, newer hot water heaters, newer roof, and one new boiler. The area provides convenient access to Interstate 80, Interstate 57, Route 50, and Route 6. The Oak Forest Metra Station is approximately 1.5 miles north of the property. The property is surrounded by near numerous retail and dining options as well and several recreation parks.
- Commercial Sale
Property Type
- 10800
Sqft
- 1977
Year Built
Property Documents
Property Overview
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Property ID 11835201
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Price $1,500,000
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Property Size 10800 Sqft
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Land Area 0.86 Acres
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Garage Size x x
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Year Built 1977
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Property Status Expired
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Property Type Commercial Sale
Energy Ratings
Top amenities
Layout Details
Estimate Payments
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees
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