Multifamily Housing
1519 Bonnie Brae River Forest, IL 60305
Details & Description
Price: $1,650,000
    Kiser Group is pleased to exclusively present 1517 Bonnie Brae in River Forest, IL for sale. The 8 unit apartment building was built in 1957 and has had 2 owners. The property consists of 6 two-bedroom/one and a half-bathrooms, 1 four-bedroom/three and a half -bathroom duplex unit, and 1 one-bedroom/one-bathroom unit.The building had several large capital projects completed under the current ownership a new boiler and all new windows. Several other improvements were made to various units and the property is stabilized. The duplex unit was originally built as an owner's unit and would work well for that once again in this quiet building. That unit has its own laundry and an attached two car garage.There are an additional 7 surface parking spots that currently are provided at no additional charge. The buyer of this property further has the opportunity to increase rents through cosmetic upgrades to units and common areas.
    Property Highlights
    Listing Agents
    Matt Halper

    O: 773-293-5092
    mhalper@kisergroup.com
    Danny Mantis

    O: 773-293-5095
    dmantis@kisergroup.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1519 Bonnie Brae

    River Forest, IL 60305

    Listing ID: 279945
    • 1519 Bonnie Brae River Forest, IL 60305 | for Sale | Photo 1
    • 1519 Bonnie Brae River Forest, IL 60305 | for Sale | Photo 2
    • 1519 Bonnie Brae River Forest, IL 60305 | for Sale | Photo 3
    1519 Bonnie Brae | for Sale | Thumbnail 1
    1519 Bonnie Brae | for Sale | Thumbnail 2
    1519 Bonnie Brae | for Sale | Thumbnail 3
    Building Size: 10,600 SF
    Lot Size: 0.254 AC
    Land Size: 11,050 SF
    Building $/SF: $155.66
    Land $/SF: $149.32
    Price
    $1,650,000
    Property Highlights
    Unit Mix of Six 2 Bed1.5 Bath One 4 Bed3.5 Bath One 1 Bed1 Bath Units
    Value-Add
    Flexicore Construction
    9 Off-Street Parking Spaces
    River Forest Schools with Low Inventory of Rentals
    Description

    Kiser Group is pleased to exclusively present 1517 Bonnie Brae in River Forest, IL for sale. The 8 unit apartment building was built in 1957 and has had 2 owners. The property consists of 6 two-bedroom/one and a half-bathrooms, 1 four-bedroom/three and a half -bathroom duplex unit, and 1 one-bedroom/one-bathroom unit.

    The building had several large capital projects completed under the current ownership a new boiler and all new windows. Several other improvements were made to various units and the property is stabilized. The duplex unit was originally built as an owner's unit and would work well for that once again in this quiet building. That unit has its own laundry and an attached two car garage.

    There are an additional 7 surface parking spots that currently are provided at no additional charge. The buyer of this property further has the opportunity to increase rents through cosmetic upgrades to units and common areas.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Chicago History of Multifamily Housing for Sale

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    River Forest Area Market Trends

    Listing Demographics for 1519 Bonnie Brae River Forest, IL 60305

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population24,636302,734820,144
    Population Median Age403837
    Population by Age0-9 Yrs2825 (11%)39512 (13%)107781 (13%)
    10-19 Yrs3409 (13%)38629 (12%)108328 (13%)
    20-29 Yrs2459 (9%)38955 (12%)112840 (13%)
    30-39 Yrs2824 (11%)43702 (14%)120259 (14%)
    40-49 Yrs3375 (13%)41085 (13%)111466 (13%)
    50-59 Yrs4125 (16%)40243 (13%)105386 (12%)
    60-69 Yrs3089 (12%)34237 (11%)85226 (10%)
    70+ Yrs2529 (10%)26372 (8%)68857 (8%)
    Median HH Income$99,476$59,445$56,660
    Total Household Income< 24K1468 (16%)24805 (23%)62014 (22%)
    25-49K1169 (13%)21210 (19%)62352 (22%)
    50-74K1080 (12%)16871 (15%)47102 (16%)
    75-99K785 (8%)13430 (12%)35306 (12%)
    100-199K2692 (30%)22586 (21%)56284 (20%)
    200K+1776 (19%)8478 (7%)15442 (5%)
    Highest Education LevelNo Diploma111932944104620
    Diploma or GED326555945160137
    Some College292939427107201
    Assoc. Degree9481429338895
    Bachelors Degree44503516485109
    Higher Degree43622849753334
    Total Housing Units9,544118,445309,037
    --Owner-Occupied7,09062,595157,226
    --Renter-Occupied1,88044,786121,274
    Owner-Occupied Values< 100K398452712992
    100-199K9131513544284
    200-299K14142031851305
    300-399K15651116428513
    400-499K58543639139
    500K+2214708810994
    Total Working Age Population19,772240,235646,613
    In Work Force13,368158,003424,670
    Not In Work Force6,40482,232221,943
    Workforce Employed12,586147,727395,663
    Workforce Unemployed78210,10528,750
    Civlian Workforce13,368157,831424,413
    Military Workforce0172257
    Total Households8,970107,381278,500
    Family Households6,45269,794186,974
    Non-Family Households2,51837,58791,526
    Married Couple5,04345,305117,810
    Other Family1,40924,48869,164
    Married w/Child2,27319,35851,198
    Single Male w/Child1822,8117,550
    Single Female w/Child4058,09123,007

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1519 Bonnie Brae in River Forest?
    The asking price for 1519 Bonnie Brae is $1,650,000
    What is the building size of this Multifamily property in River Forest, IL?
    The size of the building/unit at 1519 Bonnie Brae in River Forest is 10,600 square feet
    How much land does the River Forest, IL property at 1519 Bonnie Brae include?
    1519 Bonnie Brae in River Forest includes 0.254 acres of land
    What is the population within 1 mile of 1519 Bonnie Brae in River Forest?
    The population within 1 mile of 1519 Bonnie Brae River Forest, IL 60305 is 24,636 people.
    Who do I contact for questions about 1519 Bonnie Brae?
    You should contact the listing agent, Matt Halper, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago O'Hare International Airport (ORD) 7
    Chicago Midway International Airport (MDW) 9
    Chicago Rockford International Airport (RFD) 69
    Price
    $1,650,000
    Listing Agent
    Listing Co-Agent
    Matt Halper - CRE Agent at

    Danny Mantis

    Kiser Group
    More listings from Matt Halper
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