ReVerb Oak Forest is a meticulously maintained 72-unit apartment complex, expertly managed to ensure the highest quality of service. Comprising two buildings, each housing 36 recently renovated 1-bedroom units, the property rests on two acres of professionally landscaped grounds, creating an inviting environment for residents. High Occupancy Rate: ReVerb Oak Forest consistently maintains a high occupancy rate, a testament to its desirability and the robust demand for quality housing in the area. This high occupancy rate ensures a reliable income stream for investors while reducing the risks associated with vacancies. Located within a short walk of the Oak Forest Central Business District, ReVerb Oak Forest offers residents proximity to a diverse array of shopping, entertainment, and dining options. The property's convenient placement is complemented by its proximity to downtown Chicago, accessible within a 30-minute drive, making it an attractive choice for those seeking urban living with convenient amenities. The tranquil surroundings of the picturesque forest preserve provide a peaceful living experience while maintaining easy access to the city's vibrant opportunities. ReVerb Oak Forest presents a compelling investment opportunity. Professionally managed and nearly fully occupied, it reflects the strong demand for high-quality housing in the area. With average rents at $1,300 per month, investors can anticipate a consistent and substantial income, with potential for future rent increases. With minimal expenses, ReVerb Oak Forest offers a low-risk investment with strong cash flow potential. In today's favorable rental market conditions, this property is an excellent choice for investors seeking a reliable income-generating asset. ReVerb Oak Forest is a professionally managed apartment complex with a consistently high occupancy rate, located in a prime area. Offering robust rental income, low expenses, and promising growth potential, this property represents a superb investment opportunity. Investors can anticipate a dependable cash flow and potential for future rent increases, making it an attractive choice for those seeking a secure and profitable real estate investment.
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For more information about 15928 Leclaire, Oak Forest, IL 60452 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by Cagan's Realty, Inc.
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