Interra Realty has been exclusively engaged to market for sale the multifamily property located at 409 South Maple Avenue in Oak Park, IL. The subject investment property is an 11-unit apartment building. The property is comprised of five (5) two-bedroom and six (6) one-bedroom units. All units have dishwashers and granite countertops. The building is heated through electric baseboard system and cooled through sleeve window units. There is on-site laundry and eleven (11) off-street parking spaces at the rear and South side of the property, which generate supplementary income.
The property is of brick and flexicore construction. The property is approximately half a mile from the Oak Park Green Line Train Stop, and easily accessible via bus and I-290. Additionally, tenants benefit from having the amenities of downtown Oak Park within walking distance. A qualified investor has the opportunity to acquire a West Oak Park building and continue to modernize units to current trends and achieve rent in line with comparable properties.