University Park, IL Multifamily properties for sale

Updated: Apr 10

Oakwood Manor Apartment Building

23453 S Western Avenue, Park Forest, IL 60466

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36 one‑bedroom, one‑bath units, each measuring 770 Sq. Ft.
Three 12‑unit sections with separate front vestibules, laundry areas, and boiler rooms
Every unit includes a patio or balcony, dishwasher, gas range, and upright refrigerator
Landlord provides heat, gas cooking, hot water, and water; tenants pay electric use
Roof replaced in 2011 with a 30‑year warranty roof system

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Updated: Apr 10

17-Unit Condominium Portfolio

137 Hemlock, Park Forest, IL 60466

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17 condominium units across 13 buildings
Consistent two‑bedroom, one‑bathroom unit layout
15 units associated with one homeowners’ association
Two additional units governed by a separate HOA
15 units in Cook County and 2 in neighboring Will County

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Multifamily Property

24 Sauk Trail, Park Forest, IL 60466

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Located in Park Forest, Illinois, within a Chicago suburb.

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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 10 Potential Opportunities for your consideration. Besides 3 Active listings in University Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 1 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.

Ranch Duplex with Two 3BR Units

3431 Morgan Street, Steger, IL 60475

$230,000

1,700 sqft

Two identical ranch units each offer 3 bedrooms and 1 bath, with upgrades and tenant-paid utilities.

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Updated Brick Quadplex

489 Hickory Street, Chicago Heights, IL 60411

$370,000

0.08 AC lot

Updated residences feature separate utilities, in-unit laundry, and dedicated tenant parking.

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Multifamily Property

3000 Morgan Street, Steger, IL 60475

$120,375

The property includes an unfinished full basement with natural gas and electric features.

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Brick Multi-Unit with Parking

489 Hickory Street, Chicago Heights, IL 60411

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Well-maintained four-unit brick building with updated units, in-unit laundry, separate furnaces, and tenant-paid utilities.

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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

976 Mesa Court, University Park, IL 60484

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3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Off-Market Properties in University Park, IL

Consider similar Off-Market properties in University 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.

APARTMENT HOUSE (UNDER 5 UNITS)

50 Westwood Dr, Park Forest, IL 60466-1419

$740,000

Estimated value

8,288 sqft 1.28 AC lot

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Multifamily properties

11 Fir St, Park Forest, IL 60466

Value Estimation by Request

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