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533-539 Jackson BlvdForest Park, IL 60130
533-539 Jackson Blvd,, Forest Park, IL 60130
Asset ClassMultifamily
# Units15
Deal Size: $2.28 M# Units: 15Access Data Room
15- Unit Multi-Family Acquisition Opportunity
overview of deal

Overview

This investment features two three-story buildings, housing a total of 15 one-bedroom, one-bathroom units. Located in a prime area with low vacancy rates and strong cash flow, it stands out as a compelling opportunity. The property holds the potential for significant rental income growth without the need for renovations. Its proximity to the Forest Park CTA Blue Line stop, combined with the neighborhood’s stability, ensures dependable rental income and prospects for enhanced returns.

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Investment Highlights

  • Located in Forest Park, Illinois – a vibrant, historic suburb just west of Chicago, offering a blend of small-town charm and urban convenience.
  • Steps from the Forest Park CTA Blue Line Station, providing direct train access to downtown Chicago.
  • In-unit washer and dryer in every apartment for modern tenant comfort.
  • Efficient baseboard heating throughout all units.
  • Value-add opportunity with significant upside potential by bringing below-market rents up to current levels.
  • Convenient 40-minute commute to downtown Chicago, ideal for working professionals.
  • Walking distance to the Park District of Forest Park, with access to recreation, fitness facilities, and green space.
  • Two three-story buildings comprising a total of 15 residential units.
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533-539 Jackson BlvdForest Park, IL 60130
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Listing provided by Revere CRE