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Joanna Lewkowicz

joanna@boutiquehomerealty.com +1(708) 963-0011

Listed by Vanessa Carlsonof Illinois Discount Realty

Est. payment - /mo

8 Beds

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12662198

Style Traditional

Bedrooms 8

Year Built 1925

Annual Tax Amount $16,658

Tax Year 2025

Lot Dimensions 50X125

Property Sub-Type Two to Four Units

Property Description

Exceptional opportunity to acquire a solid brick vintage 4-unit full occupancy in highly desirable Oak Park, a transit oriented submarket known for stable tenancy and longterm appreciation. Located just off 290, this classic 1925 building sits on an oversized 50x125 lot and features four spacious 2 bed/1bath units with timeless character-original hardwood floors, tall ceilings, vintage trim, ceiling fans, and abundant natural light throughout. Each unit includes a full appliance package with stove, refrigerator, dishwasher and pantry, supporting strong tenant demand and easy leasing. Updated kitchens and baths. All units occupied, offering stable income. A full unfinished basement provides excellent storage capacity and potential for expanded laundry or future value added improvements. The property also includes a rare 4 car detached garage plus an additional exterior space, creating additional income and enhancing overall return. Outdoor amenities include a rear porch perfect for tenant seating and a fully enclosed wooden privacy fence, increasing tenant appeal and longterm retention. Tenants pay electric and gas, reducing operating exposure and supporting stronger net performance. With a 6.7% CAP rate built on strong annual rental income and minimized operating expenses, this asset delivers the fundamentals investors seek. Stable cash flow, low vacancy risk, and multiple avenues for value creation in one of Oak Park's most desirable rental corridors. Property being sold as-is.

Location

State IL

County Cook

Zoning MULTI

Rooms

Basement Unfinished, Full

Interior

Heating Radiant

Fireplace N

Exterior

Exterior Feature Lighting

Garage Spaces 4.0

View Y/N true

Roof Type Rubber

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 97, 97, 200

Others

Ownership Fee Simple

Special Listing Condition None

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Joanna Lewkowicz

Designated Managing Broker | Owner | 471.018027 471018027

+1(708) 963-0011 | joanna@boutiquehomerealty.com

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17 Garfield ST Oak Park, IL 60304

Joanna Lewkowicz

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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17 Garfield ST

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