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$1,400,000
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| | Land Acres | 0.2600 | |
| | No. of Buildings | 1 | |
| | Building S.F. | 11,600 | |
| | Total Units | 16 | |
| | Cross Street | George Street | |
| | Tax Parcel Number | 12-28-127-013 | |
| | Market | Chicago | |
| | Sub Market | West | |
| | No. of Outdoor Pools | 0 | |
| | No. of Indoor Pools | 0 | |
| | No. of Indoor Tennis Courts | 0 | |
| | No. of Outdoor Tennis Courts | 0 | |
| | Parking Ratio | 0.75 to 1 | |
| | No. of Parking Spaces | 12 | |
| | Year Built | 1969 | |
| | No. of Stories | 2 | |
| | Lot Dimensions | 88x128 | |
| | Occupancy | 94.00 % | |
| | Building Class | B | |
| | Location Class | B | |
| | HVAC | Common/Sleeve | |
| | Foundation Type | Concrete | |
| | Roof Type | Flat - Tar & Gravel | |
| | Zoning Type | Multi-Family | |
| | Washer/Dryer | No | |
| | Fireplaces in Units | No | |
| | Fire Sprinkler | No | |
| | Clubhouse | No | |
| | Cable TV | Yes | |
| | Internet Access | Yes | |
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10221 W. Chestnut Avenue, Franklin Park, IL 60131
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Property Description
Well maintained 16 unit building in Franklin Park, IL. The building consists of (15) two-bedroom 1 bath units and (1) one-bedroom one bath unit. The building is situated on a large corner lot with 12 onsite surface parking spaces. Additional street parking is available. The property is conveniently located to schools, shopping, transportation and employment. The Jewel Food Store and Franklin Park Public Library are located one block south of the building. Pace bus service is also one block south with the Metra train station 2 miles east in downtown Franklin Park. Franklin Park and the surrounding suburbs help support O’Hare Airport with a significant number of distribution warehouses for local employment as well as small to mid size local manufacturers in the north and east portions of Franklin Park.
The acquisition of 10221 W. Chestnut Avenue presents an excellent opportunity for an investor to acquire a well maintained multifamily investment.
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Amenities/Facilities
Cable TV, High Speed Internet, street parking.
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Location Description
Franklin Park is located approximately 12 miles northwest of the Chicago, IL CBD. The area consists of single family homes and multi-family buildings scattered throughout the area. O'Hare Airport is located approximately 3 miles north.
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