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Listed by Terrie Whittakerof Redfin Corporation
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Est. payment /mo
7,110 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 7,110 sqft
MLS Listing ID 12767844
Year Built 1931
Annual Tax Amount $35,093
Tax Year 2025
Lot Size 4,791 Sqft
Lot Dimensions 47x100
Property Sub-Type Multi Family 5+
Property Description
Excellent investment opportunity in Oak Park! This well-maintained 7-unit multifamily building offers a desirable mix of units, current rental income and 6 off-street parking spaces. The property features three 3-bed/1.5-bath units, three 2-bed/1-bath units and one 2-bed/1-bath garden unit. All units are currently tenant occupied, with five units leased on year-long terms and two units month-to-month, providing a combination of stable income and future flexibility. The sellers have completed numerous updates and improvements, including a brand-new roof, renovated garden unit, new common-area washer and dryer, new in-unit refrigerators, stoves and dishwashers in several units, rear tuckpointing, necessary plumbing repairs and a freshly painted deck. With a strong unit mix, established occupancy, off-street parking and numerous recent capital improvements, this property offers an excellent opportunity for an investor looking to add a multifamily asset to their portfolio in Oak Park.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Finished
Interior
Fireplace N
Exterior
View Y/N true
Roof Type Rubber
Building
Sewer Public Sewer
Water Municipal Water
Structure Type Brick,Concrete
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Joanna Lewkowicz
Designated Managing Broker | Owner 471.018027471018027
+1(708) 963-0011 | joanna@boutiquehomerealty.com