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8280-8290 Roosevelt Rd
Forest Park, IL 60130
Multifamily Property For Sale
·
24 Units
PROPERTY FACTS
| No. Units | 24 | Lot Size | 0.58 AC |
| Property Type | Multifamily | Building Size | 18,000 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1967/2020 |
| Building Class | C | ||
| Zoning | R-3 | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.58 AC |
| Building Size | 18,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1967/2020 |
| Zoning | R-3 |
ABOUT 8280-8290 ROOSEVELT RD , FOREST PARK, IL 60130
Marcus & Millichap is pleased to present a 24-unit apartment property located at 8280-8290 Roosevelt Road in Forest Park, Illinois. Forest Park is a village in Cook County and is located approximately 10 miles west of the downtown Chicago Loop. The area provides convenient access to Interstate 290. The Forest Park CTA Blue Line station is located approximately one mile north of the property. Pace bus stops are conveniently located on Roosevelt Road, directly in front of the property. Midway International Airport is located approximately seven miles southeast of the property. The property consists of four six-unit buildings. The unit mix is comprised of 12 one-bedroom / one-bathroom units and 12 two-bedroom / one-bathroom units measuring approximately 750 and 850 square feet, respectively. The property features ample off-street parking and onsite laundry facilities. The property is positioned on Roosevelt Road and is approximately four blocks south of Interstate 290; a major east-west interstate highway that connects Chicago to the Western suburbs. The property is located approximately half a mile east from the Loyola University Medical Campus and Edward Hines Jr. VA Hospital. Forest Park Plaza and numerous retail and dining options are located approximately a half mile east of the property. This investment offers an investor the opportunity to acquire a Forest Park asset with immediate cash flow upon acquisition.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | $840.00 | 650 |
| 2+1 | 12 | $950.00 | 750 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $196,865 | |
| Land Assessment | $19,136 | Total Assessment | $216,001 |
PROPERTY TAXES
