Property Overview
Interra Realty has been exclusively engaged to market for sale the multifamily property located at 409 South Maple Avenue in Oak Park, IL. The subject investment property is an 11-unit apartment building. The property is comprised of five (5) two-bedroom and six (6) one-bedroom units. All units have
dishwashers and granite countertops. The building is heated through electric baseboard system and cooled through sleeve window units. There is on-site laundry and eleven (11) off-street parking spaces at the rear and South side of the property, which generate supplementary income.
The property is of brick and flexicore construction. The property is approximately half a mile from the Oak Park Green Line Train Stop, and easily accessible via bus and I-290. Additionally, tenants benefit from having the amenities of downtown Oak Park within walking distance. A qualified investor has the opportunity to acquire a West Oak Park building and continue to modernize units to current trends and achieve rent in line with comparable properties.
Highlights
- Electric Baseboard Heat – Tenant Paid
- One- and Two-Bedroom Layouts
- Great West Oak Park Location
- 5 Blocks from CTA Green Line and Downtown Oak Park
- 11 Off-Street Parking Spaces