Multifamily

River Forest, IL Multifamily Properties for Sale

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Oak Park, IL Elmwood Park, IL Forest Park, IL Maywood, IL River Grove, IL Melrose Park, IL Berwyn, IL Bellwood, IL
Nine-Unit Multifamily Building
Updated: May 8
Nine-Unit Multifamily Building

7827 West North Avenue, River Forest, IL 60305

$1,600,000
7,127 sqft
9‑unit apartment building (built 1964): seven 1 bed/1 bath units and two 2 bed/1.5 bath units
Heated two‑car garage plus 10 exterior parking spaces
Capital improvements include new boiler and hot water tank, new electric breakers, and updated plumbing as needed
Steps from CTA bus and about 1.4 miles from Elmwood Park Metra Station
Nearby schools include Willard Elementary, Trinity High, Fenwick High School, Dominican University, and Concordia University
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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in River Forest, 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.

Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

421 LAKE Street, Maywood, IL 60153

$1,050,000
0.36 AC lot

Two-story mixed-use building with leased residential units, storefronts, and rear industrial-style space.

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Well-Maintained Two-Flat Residence
Well-Maintained Two-Flat Residence

2134 N 73rd Avenue, Elmwood Park, IL 60707

$595,000

Two separate units with independent utilities and a detached two-car garage, suited for owner-occupants or investors.

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Triplex with Separate Entrances
Triplex with Separate Entrances

7315 W DICKENS Avenue, Elmwood Park, IL 60707

$749,900

Custom-built three-unit property on a triple lot with independent entrances, move-in condition interiors, and ample off-street parking.

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Maywood Mixed-Use Commercial Building
Maywood Mixed-Use Commercial Building

409 Lake Street, Maywood, IL 60153

$620,000
2,000 sqft 0.21 AC lot

Mixed-use building with development potential in Maywood shopping district.

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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.

University Park Developable Land
University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing
3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Land For Sale, Lakemoor, IL
Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing
0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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Wooded Homesite in Wheatfield, Indiana
Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing
0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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Deeded RV Recreational Lot
Deeded RV Recreational Lot

V/L E Kissing Oaks Trail, Custer, MI 49405

$39,900
0.96 AC lot

Deeded lot with a newly excavated site, entry, and driveway, backing Manistee National Forest.

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Off-Market Properties in River Forest, IL

Consider similar Off-Market properties in River 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.

7625 Vine St
APARTMENT HOUSE (UNDER 5 UNITS)

7625 Vine St, River Forest, IL 60305-2151

Value Estimation by Request
1,900 sqft 0.11 AC lot
View details
620 Ashland Ave
APARTMENT HOUSE (UNDER 5 UNITS)

620 Ashland Ave, River Forest, IL 60305-1808

$620,000
Estimated value
2,310 sqft 0.18 AC lot
View details
7711 Nn Ave
GARDEN APT, COURT APT (5+ UNITS)

7711 Nn Ave, River Forest, IL 60305-1065

$1,340,000
Estimated value
0.39 AC lot
View details
527 Park Ave
APARTMENT HOUSE (UNDER 5 UNITS)

527 Park Ave, River Forest, IL 60305-1712

$835,000
Estimated value
5,530 sqft 0.23 AC lot
View details
227 Frst Ave
APARTMENT HOUSE (UNDER 5 UNITS)

227 Frst Ave, River Forest, IL 60305-2005

Value Estimation by Request
1,551 sqft 0.24 AC lot
View details
542 Park Ave
APARTMENT HOUSE (UNDER 5 UNITS)

542 Park Ave, River Forest, IL 60305-1701

$1,295,000
Estimated value
3,413 sqft 0.21 AC lot
View details
1136 Harlem Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1136 Harlem Ave, River Forest, IL 60305-1524

$515,000
Estimated value
3,126 sqft 0.19 AC lot
View details
17 Park Ave
APARTMENT HOUSE (UNDER 5 UNITS)

17 Park Ave, River Forest, IL 60305-2037

Value Estimation by Request
1,914 sqft 0.17 AC lot
View details
7225 Division St
GARDEN APT, COURT APT (5+ UNITS)

7225 Division St, River Forest, IL 60305-1267

$1,290,000
Estimated value
0.17 AC lot
View details
7708 Vine St
APARTMENT HOUSE (UNDER 5 UNITS)

7708 Vine St, River Forest, IL 60305-2129

$525,000
Estimated value
2,053 sqft 0.08 AC lot
View details
722 Monroe Ave
APARTMENT HOUSE (UNDER 5 UNITS)

722 Monroe Ave, River Forest, IL 60305-2069

Value Estimation by Request
2,112 sqft 0.11 AC lot
View details
512 Park Ave
APARTMENT HOUSE (UNDER 5 UNITS)

512 Park Ave, River Forest, IL 60305-1766

$545,000
Estimated value
2,650 sqft 0.18 AC lot
View details
1423 Bonnie Brae Pl
APARTMENT HOUSE (UNDER 5 UNITS)

1423 Bonnie Brae Pl, River Forest, IL 60305-1281

$960,000
Estimated value
6,116 sqft 0.20 AC lot
View details
540 Frst Ave
APARTMENT HOUSE (UNDER 5 UNITS)

540 Frst Ave, River Forest, IL 60305-1708

$500,000
Estimated value
2,026 sqft 0.21 AC lot
View details
1531 Clinton Pl
APARTMENT HOUSE (UNDER 5 UNITS)

1531 Clinton Pl, River Forest, IL 60305-1207

$530,000
Estimated value
5,113 sqft 0.22 AC lot
View details
406 Lathrop Ave
APARTMENT HOUSE (UNDER 5 UNITS)

406 Lathrop Ave, River Forest, IL 60305-1818

Value Estimation by Request
1,967 sqft 0.18 AC lot
View details
1111 Bonnie Brae Pl
APARTMENT HOUSE (UNDER 5 UNITS)

1111 Bonnie Brae Pl, River Forest, IL 60305-1536

$745,000
Estimated value
3,319 sqft 0.21 AC lot
View details
329 Park Ave1fl
APARTMENT HOUSE (UNDER 5 UNITS)

329 Park Ave1fl, River Forest, IL 60305-2035

$720,000
Estimated value
2,566 sqft 0.18 AC lot
View details
1443 Bonnie Brae Pl
APARTMENT HOUSE (UNDER 5 UNITS)

1443 Bonnie Brae Pl, River Forest, IL 60305-1285

$940,000
Estimated value
4,470 sqft 0.20 AC lot
View details
8237 Lk St
APARTMENT HOUSE (UNDER 5 UNITS)

8237 Lk St, River Forest, IL 60305-1619

Value Estimation by Request
2,156 sqft 0.10 AC lot
View details
133 Park Ave
APARTMENT HOUSE (UNDER 5 UNITS)

133 Park Ave, River Forest, IL 60305-2063

$715,000
Estimated value
3,600 sqft 0.15 AC lot
View details
407 Park Ave, Unit 1
APARTMENT HOUSE (UNDER 5 UNITS)

407 Park Ave, River Forest, IL 60305-1782

Unit 1
$630,000
Estimated value
4,210 sqft 0.23 AC lot
View details
33 Ashland Ave
APARTMENT HOUSE (UNDER 5 UNITS)

33 Ashland Ave, River Forest, IL 60305-2137

Value Estimation by Request
2,856 sqft 0.12 AC lot
View details

River Forest, IL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in River Forest, IL on our real estate platform. These investment opportunities span a total of 7,127 square feet of properties for sale, with an estimated market value of $1,600,000.

Sale prices for multifamily properties in River Forest, IL start at $1,600,000, averaging $1,600,000, and reaching up to $1,600,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1

Demographics Overview

Population 11K
Population Growth (5Y) +3.8%
Median Household Income $148,711

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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