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533-539 Jackson Blvd
Forest Park, IL 60130
Forest Station · Multifamily Property For Sale · 15 Units

Property Facts

No. Units 15
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 6,780 SF
No. Stories 3
Year Built/Renovated 1967/2007
Zoning 3-99

Amenities

Unit Amenities

  • Air Conditioning

About 533-539 JACKSON BLVD , FOREST PARK, IL 60130

Monarch Realty Partners is please to exclusively offer this multifamily de-conversion opportunity in suburban Forest Park. Located at 533 Jackson, Forest Station is a fifteen [15] unit condominium complex consisting of all 1BR/1Ba units with dedicated parking onsite. Partially renovated in 2006, and completed in 2018, the condominiums feature updated kitchens and baths, in-unit laundry, and spacious layouts. Other features include hardwood floors, through wall A/C, and individual hot water tanks. Tenants pay for electric which includes baseboard heating. The majority of units are already rented and recent activity suggests rents levels can go higher. An investor will step into significant rental income from attractive, already improved apartments in a strong suburban market. Forest Park is located 10 miles west of Downtown Chicago along the Des Plaines River and adjacent to Oak Park. Forest Park is known a desirable, small community with good schools, affordable homes, and great access to City life. Well located within the community, the subject property is one [1] block from the Forest Park CTA Blue Line station and near the River Forest Metra station.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 15 - 600

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 15-13-107-012-1006
  • 15-13-107-012-1008
  • 15-13-107-012-1014
  • 15-13-107-012-1015
  • 15-13-107-012-1004
  • 15-13-107-012-1001
  • 15-13-107-012-1003
  • 15-13-107-012-1002
  • 15-13-107-012-1007
  • 15-13-107-012-1010
  • 15-13-107-012-1011
  • 15-13-107-012-1005
  • 15-13-107-012-1009
Land Assessment
$10,581
Improvements Assessment
$152,087
Total Assessment
$162,668
  • Listing ID: 12560937

  • Date on Market: 5/14/2018

  • Last Updated:

  • Address: 533-539 Jackson Blvd, Forest Park, IL 60130

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