16-Unit Apartment
For Sale
Contact for pricing
Pending
1531 William St, River Forest, IL 60305
Two side-by-side buildings provide varied one- and two-bedroom residential layouts with on-site amenities.
Property SizeContact for details
Days on Market141
Property Features for 1531 William St
General Information
Standard status
Pending
Total Parking Spaces
16
Property subtype
Multifamily
Units
Unit Mix
7 x 1BR/1BA, 3 x 2BR/1BA, 6 x 2BR/1.5BA
Multifamily Units
16
Amenities
on-site laundry
secure storage lockers
Building Details
Buildings
2
Listing Agency:
Building Equity
Listed By:
Peter Lynn · License #IL 471.014611
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 8:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Building Equity
Investment Insights
Based on property information with market context.
This 16-unit condominium property comprises two adjacent apartment buildings, with nine units in one structure and seven in the other. The unit mix includes seven one-bedroom, one-bath residences; three two-bedroom, one-bath residences; and six two-bedroom homes with one and one-half baths. Residents have access to on-site laundry rooms, secure storage lockers assigned to each unit, six attached garage spaces, and 10 surface parking spaces.
The property is located at 1531 William St in River Forest, Illinois, southwest of the North Avenue and Harlem Avenue intersection. River Forest is a western suburb of Chicago, approximately 10 miles west of the Loop, near Oak Park and the Des Plaines River.
The property is located at 1531 William St in River Forest, Illinois, southwest of the North Avenue and Harlem Avenue intersection. River Forest is a western suburb of Chicago, approximately 10 miles west of the Loop, near Oak Park and the Des Plaines River.
Key Highlights
- 16‑unit condominium property arranged in two side‑by‑side buildings
- Unit mix includes 7 one‑bedroom, 1‑bath units; 3 two‑bedroom, 1‑bath units; and 6 two‑bedroom, 1.5‑bath units
- Six attached garage spaces plus 10 surface parking spaces
Property Analytics
Current Use
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
1,403
Businesses Nearby
Explore this area
Business Placement
Demographics for 60305, IL
11,710
Population
4,494
Households
2.6
Avg Household Size
40
Median Age
73%
College-Educated
97%
High-School Grad
2.5 sq mi
ZIP Area
4,684
Density / Sq Mi
$148,711
Median Household Income
$83,347
Median Earnings
$1,411
Median Rent
$676,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two side-by-side buildings provide varied one- and two-bedroom residential layouts with on-site amenities.
Where is this apartment building located?
The property is located at 1531 William St River Forest, IL.
What are key features of this property?
This property features: 16‑unit condominium property arranged in two side‑by‑side buildings; Unit mix includes 7 one‑bedroom, 1‑bath units; 3 two‑bedroom, 1‑bath units; and 6 two‑bedroom, 1.5‑bath units; Six attached garage spaces plus 10 surface parking spaces
