Property Overview

Interra Realty has been exclusively engaged to market for sale the property at 3400 W. North Avenue in Stone Park, Illinois. The subject investment opportunity consists of a twelve (12) unit apartment building with off-street parking and common laundry. The property is well located along North Avenue, a major retail corridor, offering abundant grocery, dining, and other retail amenities. Additionally, the property is 1.7 miles north of the Bellwood Metra Train Station with direct access to downtown Chicago, approximately 13.5 miles East.

The unit mix comprises twelve (12) two bedroom / one bathroom units. The units are spacious and in good condition. The units are heated via hot water baseboard heat with individual zone valves and cooled with wall A/C units. There is common laundry, an overhead sewer, 1:1 individual storage, and nineteen (19) parking spots. Recent capital improvements consist of all windows being replaced in 2024.

The property has been meticulously maintained for 20+ years by a well-established and long term owner. This opportunity presents investors with a stabilized asset in a high demand rental market.

Highlights

  • 20+ Years of Prideful Ownership on Display
  • Located Along Major Retail Corridor
  • Attractive Unit Mix of All (2) Bedrooms
  • High Demand Rental Market & Limited Inventory
  • All Windows Replaced in 2024

Key Details

Sale Price
$1,650,000
Number of Units
Twelve (12)
Submarket
Stone Park, IL