Kiser Group has been exclusively engaged to market for sale Oak Park Edge - 6031-37 W. North Ave., Oak Park, IL - a 24-unit 2022 new construction portfolio, comprised of condo-quality luxury residences. The portfolio includes three buildings, featuring (24) spacious 2 bed / 2 bath apartments with twelve (12) garage spots and fifteen (15) exterior parking spaces.
Professionally-designed apartments feature modern electric fireplaces, high-end appliance packages, and large, spa-like bathrooms. Floorplans are modern, open concept with plenty of space for both entertaining and privacy. In-unit laundry coupled with individual HVAC systems for each unit enables ownership to operate efficiently and set-up for easy maintenance for years to come. New ownership can capitalize further by improving parking income and increasing rents ~8% to be in line with market.
Located in Chicago’s Oak Park suburb, this opportunity is well-situated with easy access to public transportation with Metra (1.2 miles), CTA (2 miles) and almost equidistant to both O’hare and Midway airports. Investors are offered the opportunity to acquire a portfolio of high-quality, low-maintenance, stabilized residences in a core historic Chicago suburb.