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North & Ochard 4 Land Properties Offered at $118,902 in Park Forest, IL

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Investment Highlights

  • Zoned M - Manufacturing District

Executive Summary

1–9 Sandycombe Road is a modern, four-story multifamily development located in Richmond, Greater London. Completed in 2022, the property comprises 20 self-contained residential units, including 2 studios, 7 one-bedroom apartments, and 11 two-bedroom apartments, all finished to a high specification with EPC ratings of B. The building offers 15 dedicated parking spaces and sits on a 0.36-acre site. A 10-year new-build warranty, effective from November 2022, provides additional security for investors. The property was marketed as a turnkey investment and sold 100% vacant, presenting an opportunity for immediate leasing or repositioning. Commercial units on the ground floor were previously sold off on a 999-year lease and are not included in this transaction. The location benefits from strong connectivity within Greater London and is well-suited for residential investment strategies. Additionally, the property is located within an Enterprise Zone, offering potential economic development incentives for qualifying projects.

Property Facts

Price $118,902
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 4
Total Land Area 2.73 AC
  • Listing ID: 4000186

  • Date on Market: 10/13/2009

  • Last Updated:

  • Address: North & Ochard, Park Forest, IL

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