1135 S Oak Park Avenue new Save Request In-Person Tour Request Virtual Tour
Oak Park,IL 60304
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 4,508 sqft
Price per Sqft $212
MLS Listing ID 12363122
Year Built 1959
Annual Tax Amount $17,643
Tax Year 2023
Lot Dimensions 42.5 X 147.3
Property Sub-Type Multi Family 5+
Property Description
All-brick mid-Century 5-Unit multifamily building in prime Oak Park location. Discover an outstanding investment opportunity with this expansive 4,508 sq. ft., ideally situated on two lots. This well-maintained property features five spacious residential units and five dedicated on-site parking spaces; a rare and valuable amenity in the area. The unit mix is thoughtfully designed to attract a range of tenants: Two 1-bedroom, 1-bath units (~700 sq. ft. each) . Two 2-bedroom, 1-bath units (~975 sq. ft. each). One unique 2-bedroom, 2-bath duplex unit (~1,500 sq. ft.). Each residence offers timeless charm and functionality, with hardwood floors, wood cabinetry, ceramic tile bathrooms, and eat-in kitchens with dedicated dining spaces. Living and dining rooms are separate, providing a true sense of home. Additional features include a landlord-owned coin-operated laundry facility and solid rental income from long-term quality tenants. Oak Park is celebrated for its rich history, diverse population, and top-tier schools. Residents can also enjoy walking access to public transportation, parks, restaurants, music venues, retail shops, and more. With all units currently leased and substantial upside potential in rental income, this is a turn-key investment in a thriving rental market. Whether you're a seasoned investor or seeking a high-performing asset in an unbeatable location, this Oak Park gem is an exceptional opportunity.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick