Greenstone Partners, as the Exclusive Investment Advisor, is pleased to present the opportunity to acquire 81 Pine Avenue (the “Property”), a three-unit multifamily building located in Riverside, Illinois. Ideally located within walking distance of downtown Riverside and the Metra station, and less than a mile from Riverside-Brookfield High School and the renowned Brookfield Zoo. The location offers residents convenient access to schools, transportation, and entertainment.

81 Pine Avenue consists of (1) 2-bed/1-bath unit and (2) 3-bed/2-bath units. The apartments feature large unit layouts and standard finishes. Recent capital improvements include a newer boiler, copper plumbing, and partial window and soffit replacements. The building offers on-site laundry, a three-car garage, and six rear parking spaces.

The Property has been owned by the same family for over 30 years. With current rents approximately 35% below market, new ownership can capture significant income growth by bringing rents to market and introducing paid parking for the three garage spaces.

Within 1-mile, demographics include an average household income of $117,137+, an average home value of $404,591+, and a total population of 13,187.