Brookline Real Estate is proud to present the multifamily assets at 4020 Charleston Road and 4052 216th Street in the desirable Lincoln Terrace neighborhood in Matteson, IL. The high-image and well maintained properties each consist of six apartments.
This two-property offering will effectively provide an investor with stabilized assets featuring twelve total tenants. Multiple units in the all-brick buildings have been renovated, and additional value can be added through updating the remaining units to collect higher rents. Each building is all electric, and tenants pay for heat, A/C, and water.
The buildings are located in a quiet and wooded residential area just a few blocks from the active and growing trade area at Route 30 and Cicero Avenue. Transit is very accessible with the Matteson Metra train stop just three blocks away, and I-57 nearby.
At the site of the former Lincoln Mall nearby, a master redevelopment plan for a brand new, mixed-use community for the 60-acre site is underway.
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