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111-121 W Park St is a multifamily investment opportunity that offers 21 units within 2 buildings. The breakdown includes (11) 2 bedroom units (1) 1 bedroom unit and (9) studios. The property is currently fully leased for the 2024-25 lease term and only has one vacant studio apartment for the upcoming 2025-26 lease term. This property boasts a strong rental history and has been meticulously managed long-term. The strong rental history combined with value add opportunity make this a great property to add to an investor's portfolio. This property also boasts a prime location being across the street from Crystal Lake Park that has had major improvements in recent years, a growing retail hub just to the east at Five-Points and surrounding areas, and great proximity to Carle Foundation Hospital and the University of Illinois Campus.
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