Forest Park, IL Apartment Buildings for Sale

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Updated: Mar 28

Six-Unit Apartment Building

364-366 Western Avenue, Joliet, IL 60433

$699,900

7,470 sqft

Well‑maintained 6‑unit building in the River Bluffs / Evergreen Terrace area
Six units: 2‑bedroom, 1‑bath each, with classic layouts and built‑ins
Each unit has separate utilities with gas‑forced heat and central air
Recent 2025 updates include new roof membrane plus structural work on the rear porch
Tenant amenities include rear porches and 6 parking spaces

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Forest Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

First Floor Condo with Garage

17960 Royal Oak Court #1N, Tinley Park, IL 60477

$227,000

1,100 sqft

Two-bedroom condo with garage, in-unit laundry, and updated features.

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Lockport Multifamily Investment Opportunity

1709 S State Street, Lockport, IL 60441

$599,000

Five-unit residential property near train, downtown, and highways.

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All-Brick 20-Unit Apartment Building

6721 175th Street, Tinley Park, IL 60477

$2,690,000

Two solid all-brick 10-unit buildings on one lot offered fully occupied with off-street parking.

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Five-Unit Residential Property For Sale

1709 South State Street, Lockport, IL 60441

$599,000

Five-unit residential property near train, downtown, and highways.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Retail-Zoned Development Land Opportunity

N West Bypass, Springfield, MO 65802

$2,850,000

29.20 AC lot

29.2-acre site with retail zoning and conditional overlay, approved for 352 apartments and multiple residential lot configurations.

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Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900

1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000

3.70 AC lot

Prime land near Shepherd University with development potential.

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Off-Market Properties in Forest Park, IL

Consider similar Off-Market properties in Forest Park, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

GARDEN APT, COURT APT (5+ UNITS)

7445 Roosevelt Rd, Forest Park, IL 60130-2555

$1,930,000

Estimated value

0.07 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

7445 Roosevelt Rd, Forest Park, IL 60130-2555

$1,935,000

Estimated value

0.08 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

1132 Troost Ave, Forest Park, IL 60130-2179

$1,900,000

Estimated value

0.25 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

501 Cir Ave, Forest Park, IL 60130-3285

Value Estimation by Request

0.15 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

432 Ferdinand Ave, Forest Park, IL 60130-1766

Value Estimation by Request

1,657 sqft 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

540 Beloit Ave, Forest Park, IL 60130-2744

Value Estimation by Request

3,063 sqft 0.15 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

929 Cir Ave, Forest Park, IL 60130-2879

$530,000

Estimated value

2,208 sqft 0.09 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

9 Bergman Ct, Forest Park, IL 60130-2760

Value Estimation by Request

1,941 sqft 0.08 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

7647 Taylor St, Forest Park, IL 60130-3043

$520,000

Estimated value

3,696 sqft 0.07 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

7240 Madison St, Forest Park, IL 60130-1765

$550,000

Estimated value

6,850 sqft 0.09 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

632 Marengo Ave, Forest Park, IL 60130-3236

Value Estimation by Request

2,204 sqft 0.11 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

509 Elgin Ave, Forest Park, IL 60130-3239

Value Estimation by Request

1,641 sqft 0.18 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

428 Marengo Ave, Forest Park, IL 60130-1779

Unit 1E

Value Estimation by Request

5,301 sqft 0.13 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

215 Des Plaines Ave, Forest Park, IL 60130-1239

Unit B

$540,000

Estimated value

3,950 sqft 0.10 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1119 Harlem Ave, Forest Park, IL 60130-2843

$635,000

Estimated value

4,659 sqft 0.10 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

505 Ferdinand Ave, Forest Park, IL 60130-1855

Value Estimation by Request

2,112 sqft 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

7406 Madison St, Forest Park, IL 60130-1566

$795,000

Estimated value

2,904 sqft 0.10 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

900 Thomas Ave, Forest Park, IL 60130-2317

Value Estimation by Request

2,176 sqft 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

216 Elgin Ave, Forest Park, IL 60130-4100

Value Estimation by Request

2,475 sqft 0.16 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1041 Dunlop Ave, Forest Park, IL 60130-2244

Value Estimation by Request

1,872 sqft 0.21 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

917 Elgin Ave, Forest Park, IL 60130-2328

Value Estimation by Request

2,102 sqft 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

7530 Lexington St, Forest Park, IL 60130-2223

Value Estimation by Request

2,016 sqft 0.07 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

121 Cir Ave, Forest Park, IL 60130-2793

Unit 2

Value Estimation by Request

1,665 sqft 0.07 AC lot

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Forest Park, IL Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Forest Park, IL on our real estate platform. These investment opportunities span a total of 7,470 square feet of properties for sale, with an estimated market value of $699,900.

Sale prices for two-family homes in Forest Park, IL average $699,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 14K

Population Growth (5Y) -0.3%

Median Household Income $81,323

College Educated 72.1%

High-Yield Neighborhoods for Investment

Identify Forest Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60130	$695K

Taxes & Financing

Average Loan-to-Value 65.0%

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Forest Park, IL Apartment Buildings for Sale

364-366 Western Avenue, Joliet, IL 60433

Opportunities in Nearby Cities

17960 Royal Oak Court #1N, Tinley Park, IL 60477

1709 S State Street, Lockport, IL 60441

6721 175th Street, Tinley Park, IL 60477

1709 South State Street, Lockport, IL 60441

Potential Development Sites for Consideration

N West Bypass, Springfield, MO 65802

215 N Bear Creek Road, Asheville, NC 28806

71 Salters Road, Greenville, SC 29607

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

Off-Market Properties in Forest Park, IL

7445 Roosevelt Rd, Forest Park, IL 60130-2555

7445 Roosevelt Rd, Forest Park, IL 60130-2555

1132 Troost Ave, Forest Park, IL 60130-2179

501 Cir Ave, Forest Park, IL 60130-3285

432 Ferdinand Ave, Forest Park, IL 60130-1766

540 Beloit Ave, Forest Park, IL 60130-2744

929 Cir Ave, Forest Park, IL 60130-2879

9 Bergman Ct, Forest Park, IL 60130-2760

7647 Taylor St, Forest Park, IL 60130-3043

7240 Madison St, Forest Park, IL 60130-1765

632 Marengo Ave, Forest Park, IL 60130-3236

509 Elgin Ave, Forest Park, IL 60130-3239

428 Marengo Ave, Forest Park, IL 60130-1779

215 Des Plaines Ave, Forest Park, IL 60130-1239

1119 Harlem Ave, Forest Park, IL 60130-2843

505 Ferdinand Ave, Forest Park, IL 60130-1855

7406 Madison St, Forest Park, IL 60130-1566

900 Thomas Ave, Forest Park, IL 60130-2317

216 Elgin Ave, Forest Park, IL 60130-4100

1041 Dunlop Ave, Forest Park, IL 60130-2244

917 Elgin Ave, Forest Park, IL 60130-2328

7530 Lexington St, Forest Park, IL 60130-2223

121 Cir Ave, Forest Park, IL 60130-2793

Forest Park, IL Apartment Buildings Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

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