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7301-09 Dixon Street, Forest Park, IL

$1,695,000

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About 7301-09 Dixon Street

7301-09 Dixon St: solid brick 12-unit condo deconversion opportunity with value add component featuring (12) 1-bed / 1-bath apartments and 16 dedicated parking spaces. The property's efficient unit mix, strong rental demand in the area, and on-site parking make it an attractive option for both seasoned investors and newcomers seeking reliable cash flow with long-term appreciation potential. Nearly all units are also on outdated or month-to-month leases. Whether you're looking to modernize units, improve operations, or enhance NOI, this building presents a rare chance to add measurable value in a supply-constrained market.

Features of 7301-09 Dixon Street

MLS® # 12770731
Price $1,695,000
Bathrooms 0.00
Year Built 1962
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 7301-09 Dixon Street
Area Forest Park
City Forest Park
County Cook
State IL
Zip Code 60130

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Window Unit(s)
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 7
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMO2 Brokerage LLC

Listing Map

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Listing information last updated on October 14th, 2026 at 8:09am CDT.