Interra Realty has been exclusively engaged to market 16733-35 Forest Avenue in Oak Forest, IL. The multifamily asset is comprised of two (2) buildings, twelve (12) units. The unit mix consists of Eight (8) 2 bedroom apartments and Four (4) 1 bedroom apartments.

Majority of the apartments have been updated with hardwood flooring, formica countertops, new kitchen cabinets and updated bathroom vanities. The units are heated through hot water baseboard and cooled through window-sleeve a/c units.

Capital items have been addressed during the course of ownership include re-paved parking lot (2023), New boiler (2023) and the building is outfitted with garage and exterior parking. The property includes common laundry facilities (owned by the landlord).

This investment subject provides an opportunity to acquire an asset in a rarely available market and increase rents in as-is condition.