Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Apartment Building Apartment Rental Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight