11 Fir StPark Forest, IL 60466

For Sale
Call for price

Prime Park Forest Apartment Complex

Overview

Added:
Dec 11, 2024
Days on market:
96
This exceptional multifamily investment opportunity presents the Central Park Apartments, a well-established 220-unit apartment building located at 11 Fir St, Park Forest, IL 60466, within Cook County. Constructed in 1946, this property offers significant potential for value appreciation and strong rental income. The building's substantial unit count provides scale and diversification, making it an attractive asset for investors seeking a substantial portfolio addition. Its location in Park Forest, Illinois offers convenient access to local amenities, transportation networks, and a stable residential population. The property's age presents opportunities for strategic renovations and upgrades to enhance both its aesthetic appeal and rental rates. Detailed financial information and property specifics are available upon request. This is a rare chance to acquire a significant multifamily asset in a desirable location with considerable upside potential. Serious inquiries only. The property is situated at latitude 41.4866089 and longitude -87.6749263. Further due diligence is encouraged.

Highlights

  • Exceptional location in the heart of vibrant downtown San Antonio.
  • Recently renovated, offering updated unit interiors and attractive amenities.
  • Strong historical occupancy and rental income performance.
  • Attractive value-add opportunities through further renovations and lease-up.
  • Well-maintained property with significant upside potential.
  • Desirable unit mix catering to a broad tenant demographic.

Property Details for 11 Fir St

Property type
Multifamily properties, Apartment buildings
Year Built
1946
Units
220

Location Insight

City
Park Forest
County
Cook
State
Illinois
Latitude
41.4866089
Longitude
-87.6749263
11 Fir St, Park Forest, Illinois
Leaflet | © OpenStreetMap contributors

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11 Fir St
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