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    Oak Forest, IL Apartment Buildings for Sale

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    Midlothian, IL Country Club Hills, IL Tinley Park, IL
    Reynolds Lane Multifamily Investment Opportunity
    $850,000
    2,943 SF

    Reynolds Lane Multifamily Investment Opportunity

    15700 Reynolds Lane, Oak Forest, IL 60452

    Six-unit apartment building in desirable Oak Forest location.

    • Vacant Units: All units will be vacant upon new ownership, allowing for immediate rental income optimization and tenant selection.
    • Exceptional investment opportunity.
    • Desirable mix of (5) two‑bedroom units and (1) one‑bedroom unit, all with 1 full bathroom.
    • All units are lightly updated, reducing immediate renovation costs.
    • New boiler system indicates recent capital improvements and reduced maintenance concerns.
    Updated: Mar 5, 2025
    View details
    Reynolds Lane Apartment Building
    $850,000

    Reynolds Lane Apartment Building

    15700 Reynolds Lane, Oak Forest, IL 60452

    Six-unit apartment building in Oak Forest, Illinois.

    • Vacant Upon Ownership: Allows immediate rent increases and tenant selection.
    • New Boiler System: Reduces potential maintenance costs and ensures efficient heating.
    • Six‑Unit Building: Provides a substantial rental income opportunity.
    • Updated Units: Minimizes immediate renovation needs and attracts tenants.
    • Desirable Location: Close proximity to amenities in Oak Forest and Orland Park.
    Updated: Mar 6, 2025
    View details
    Based on your search, we've compiled 49 Potential Opportunities for your consideration. Besides 2 Active listings in Oak Forest, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 39 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.

    Midlothian Multifamily Investment Opportunity
    $639,900
    0.15 Acres

    Midlothian Multifamily Investment Opportunity

    Six-unit brick building in Midlothian, fully occupied, cash flowing.

    14613 Keystone Avenue, Midlothian, IL 60445
    View details
    Renovated 6-Unit Multifamily Investment
    $725,000

    Renovated 6-Unit Multifamily Investment

    Turnkey, tenant-ready property with modern finishes and strong rental demand.

    14544 S San Francisco Avenue, Posen, IL 60469
    View details
    Kedzie Apartments in Posen
    $2,480,000

    Kedzie Apartments in Posen

    32-unit apartment building with strong cash returns.

    14513 Kedzie Ave, Posen, IL 60469
    View details
    Midlothian Multifamily Investment Opportunity
    $1,885,000
    13,400 SF

    Midlothian Multifamily Investment Opportunity

    Portfolio of three six-unit buildings near Keystone Avenue.

    14618 Keystone Ave, Midlothian, IL 60445
    View details

    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.

    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres

    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

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

    215 N Bear Creek Road, Asheville, NC 28806
    View details
    Land Near Shepherd University
    $650,000
    3.70 Acres

    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443
    View details
    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres

    Greenville Development Opportunity: 1.33 Acres

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

    71 Salters Road, Greenville, SC 29607
    View details

    Off-Market Properties in Oak Forest, IL

    Consider similar Off-Market properties in Oak Forest, 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.

    15301 Knox Ave, Unit 11

    15301 Knox Ave, Unit 11

    GARDEN APT, COURT APT (5+ UNITS) • 0.15 Acres
    Value Estimation
    $2,665,000
    15301 Knox Ave, Oak Forest, IL 60452-2549
    View details
    15944 Latrobe Ave

    15944 Latrobe Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 1,860 SF
    Value Estimation by Request
    15944 Latrobe Ave, Oak Forest, IL 60452-3811
    View details
    15908 Grv Ave

    15908 Grv Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 1,716 SF
    Value Estimation by Request
    15908 Grv Ave, Oak Forest, IL 60452-4018
    View details
    5009 159th St

    5009 159th St

    GARDEN APT, COURT APT (5+ UNITS) • 0.45 Acres
    Value Estimation by Request
    5009 159th St, Oak Forest, IL 60452-3459
    View details
    5013 159th St

    5013 159th St

    GARDEN APT, COURT APT (5+ UNITS) • 0.45 Acres
    Value Estimation by Request
    5013 159th St, Oak Forest, IL 60452-3460
    View details
    5037 159th St

    5037 159th St

    GARDEN APT, COURT APT (5+ UNITS) • 0.30 Acres
    Value Estimation by Request
    5037 159th St, Oak Forest, IL 60452
    View details
    5006 159th St

    5006 159th St

    GARDEN APT, COURT APT (5+ UNITS) • 0.33 Acres
    Value Estimation by Request
    5006 159th St, Oak Forest, IL 60452
    View details
    5049 159th St

    5049 159th St

    GARDEN APT, COURT APT (5+ UNITS) • 0.30 Acres
    Value Estimation by Request
    5049 159th St, Oak Forest, IL 60452-3462
    View details
    5002 155th St

    5002 155th St

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,340 SF
    Value Estimation by Request
    5002 155th St, Oak Forest, IL 60452-3486
    View details
    4823 157th St

    4823 157th St

    GARDEN APT, COURT APT (5+ UNITS) • 0.41 Acres
    Value Estimation
    $1,875,000
    4823 157th St, Oak Forest, IL 60452-3557
    View details
    15302 Knox Ave

    15302 Knox Ave

    GARDEN APT, COURT APT (5+ UNITS) • 0.39 Acres
    Value Estimation
    $3,700,000
    15302 Knox Ave, Oak Forest, IL 60452-2530
    View details
    15311 Knox Ave

    15311 Knox Ave

    GARDEN APT, COURT APT (5+ UNITS) • 0.15 Acres
    Value Estimation
    $1,880,000
    15311 Knox Ave, Oak Forest, IL 60452-2513
    View details
    15311 Knox Ave

    15311 Knox Ave

    GARDEN APT, COURT APT (5+ UNITS) • 0.19 Acres
    Value Estimation
    $1,870,000
    15311 Knox Ave, Oak Forest, IL 60452-2513
    View details
    15302 Knox Ave, Unit 12

    15302 Knox Ave, Unit 12

    GARDEN APT, COURT APT (5+ UNITS) • 0.39 Acres
    Value Estimation
    $3,700,000
    15302 Knox Ave, Oak Forest, IL 60452-2522
    View details
    15301 Knox Ave, Unit 11

    15301 Knox Ave, Unit 11

    GARDEN APT, COURT APT (5+ UNITS) • 0.15 Acres
    Value Estimation
    $1,885,000
    15301 Knox Ave, Oak Forest, IL 60452-2549
    View details
    15920 Leclaire Ave

    15920 Leclaire Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,340 SF
    Value Estimation by Request
    15920 Leclaire Ave, Oak Forest, IL 60452-3864
    View details
    16025 Laramie Ave

    16025 Laramie Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,869 SF
    Value Estimation by Request
    16025 Laramie Ave, Oak Forest, IL 60452-3863
    View details
    16000 Frst Ave

    16000 Frst Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,001 SF
    Value Estimation by Request
    16000 Frst Ave, Oak Forest, IL 60452-4014
    View details
    16000 Frst Ave

    16000 Frst Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 1,600 SF
    Value Estimation by Request
    16000 Frst Ave, Oak Forest, IL 60452-4014
    View details
    15316 Cicero Ave

    15316 Cicero Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,274 SF
    Value Estimation by Request
    15316 Cicero Ave, Oak Forest, IL 60452-2502
    View details
    15511 Cicero Ave

    15511 Cicero Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 8,190 SF
    Value Estimation
    $645,000
    15511 Cicero Ave, Oak Forest, IL 60452
    View details
    15507 Cicero Ave

    15507 Cicero Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 8,190 SF
    Value Estimation
    $645,000
    15507 Cicero Ave, Oak Forest, IL 60452-3629
    View details

    Oak Forest, IL Apartment Buildings Investment Opportunities Market Analysis

    Explore 41 apartment buildings for sale in Oak Forest, IL on our real estate platform. These investment opportunities span a total of 2,943 square feet of properties for sale, with an estimated market value of $850,000.

    Sale prices for two-family homes in Oak Forest, IL start at $850,000, averaging $850,000, and reaching up to $850,000 — 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 27K
    Population Growth (5Y) -6.4%
    Median Household Income $89,167
    College Educated 39.6%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    60452 $850K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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