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Listed by Mine Beevisof john greene, Realtor
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Est. payment /mo
4,356 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12770165
Year Built 1960
Annual Tax Amount $4,642
Tax Year 2024
Lot Size 4,356 Sqft
Lot Dimensions 38 X 125
Property Sub-Type Multi Family 5+
Property Description
FULL-BRICK 5-UNIT MULTI FAMILY INVESTMENT - NEAR DOWNTOWN OAK PARK - Rare opportunity to own a meticulously maintained, full-brick 5-unit apartment building on a quiet residential street, just over one mile from vibrant Downtown Oak Park and approximately eight miles from Downtown Chicago. This well-maintained multifamily property offers five spacious units, strong rental appeal, and excellent investment potential. Each apartment features generous living space and functional floor plans designed to appeal to today's renters. Property Highlights: Full-brick construction - 5 spacious apartment units - Private parking lot with up to 7 vehicles - On-site coin-operated laundry with additional income potential - Separate hot water tanks for each unit - Well-maintained building and grounds - Quiet residential location near Downtown Oak Park - Close to shopping, dining, parks, public transportation, and Chicago. The owner currently pays heat for four of the five units, along with common-area electric, water, insurance, and real estate taxes. The garden unit tenant pays their own utilities. With its solid brick construction, oversized apartments, off-street parking, and desirable location, this property offers an excellent opportunity for investors looking to expand their portfolio or acquire their first multifamily property. A rare combination of location, functionality, and long-term investment potential.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Exterior Entry
Interior
Fireplace N
Exterior
View Y/N true
Roof Type Rubber
Building
Foundation Concrete Perimeter
Structure Type Brick,Concrete,Steel Siding,Stone
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Joanna Lewkowicz
Designated Managing Broker | Owner 471.018027471018027
+1(708) 963-0011 | joanna@boutiquehomerealty.com