$580,000
$565,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
717 S Oak Park Avenue Oak Park, IL 60304
4 Beds
Key Details
Sold Price $580,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12022036
Sold Date 05/10/24
Bedrooms 4
Year Built 1917
Annual Tax Amount $17,228
Tax Year 2021
Lot Dimensions 50 X 125
Property Description
Bursting with curb appeal, this arts and crafts home has been reimagined and redesigned to embody everything you love about living in Oak Park. It captures the beautiful outdoors while living inside and offers ideal outdoor space. Some noteworthy updates within the last three years include a new addition to the rear of the home, new water service with 1.5" service from the main pipe to the house and new copper pipes were added for optimal water pressure. Sellers also added NEW two baths, two electrical panels and upgraded service, a new 3-car garage, new radiators added to the 2nd-floor kitchen and entry, windows, a rear interior staircase, plus front porch and rear balcony. The entire exterior and interior of the home were painted, and the decks were stained. New doors and closets were added. The first floor features spacious living and dining rooms, a new large kitchen with granite counters and stainless appliances, three bedrooms, two full baths, in-unit laundry, and a private covered front deck. A separate private entrance with new wide stairs leads to the 2nd floor, featuring a new kitchen with granite counters and stainless appliances, two bedrooms, two full baths, a dry bar in the living room, and in-unit laundry. The piece-de resistance is the private deck designed with an architect's eye to capture the feeling of sitting in your private tree house. The partially finished basement, with private exterior access, is ideal for converting to an owner's apartment or duplex down from the first floor to create additional family space. The basement has plumbing for a full bath and laundry room. The village redid the sewer and streets in 2020 and the alley with cobblestone in 2023. The extraordinary magic of this home is the beautiful side and back yards, which are ideal for garden lovers, kids playing, etc. This ideal location is steps from Fox Park, restaurants, entertainment, grocery stores, the Blue Line, easy access to I-290, and 1 mile to Metra. An investment opportunity like this doesn't come along often, living quietly among the other single-family homes while generating income. Live in one unit while renting out the other or duplex to create a fantastic owner's suite. Use the basement as storage for both units, or finish renovating the basement and capitalize on your investment by renting out all three units. Create a one-of-a-kind single-family home encompassing separate in-law arrangements or private living. The possibilities are endless and bountiful. The top floor has been rented steadily and furnished for $2,800 a month. The 1st floor has been rented since conception for consecutive years, with long-term tenancy, at $2,650 monthly. The schools include Abraham Lincoln Elementary, Gwendolyn Brooks Middle, and Oak Park River Forest High. See additional information for detailed update sheet. PLEASE READ BROKER REMARKS FOR SHOWING INSTRUCTIONS FIRST FLOOR IS TENANT OCCUPIED. PLEASE DO NOT WALK PROPERTY. Thank you for understanding.
Location
State IL
County Cook
Rooms
Basement Full, English
Interior
Heating Steam, Radiator(s)
Fireplace N
Exterior
Garage Detached
Garage Spaces 3.0
Waterfront false
View Y/N true
Building
Sewer Public Sewer
Water Public
New Construction false
Schools
Elementary Schools Abraham Lincoln Elementary Schoo
Middle Schools Gwendolyn Brooks Middle School
High Schools Oak Park & River Forest High Sch
School District 97, 97, 200
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Swati Saxena • Baird & Warner