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Listed by Matthew Halperof Process Driven Real Estate
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Est. payment | /mo
12 Beds
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Est. payment | /mo
12 Beds
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12798089
Bedrooms 12
Annual Tax Amount $24,380
Tax Year 2025
Lot Dimensions 50 X 170
Property Sub-Type Two to Four Units
Property Description
Rare greystone 4-flat in the heart of downtown Oak Park. This vintage multi-family building sits on a quiet cul-de-sac street, and all four units are unusually spacious: 3 bedrooms each, with separate living and dining rooms and a large private backyard. Seller has operated it as a true armchair investment - it has been easy to rent and manage, and it is ready to run as-is. Rents are below market in current condition. Live in one unit and rent the other three, and/or Value-Add the investment by updating kitchens and baths to push returns further. Laundry in basement. Each side has basement living space currently unused that include kitchens and baths. Those can be duplexed to the first-floor units to create two massive units plus the 2nd floor 3 bedrooms units - excellent for owner's unit or high rent units. Location: less than a 1-minute walk to the Blue Line and Metra. Short walk to Target, Trader Joe's, Whole Foods, Jewel, Lake Street Theatre, and the shopping, dining, and entertainment of downtown Oak Park.
Location
State IL
County Cook
Rooms
Basement Partially Finished, Full
Interior
Heating Gas, Steam
Fireplace N
Exterior
View Y/N true
Roof Type Flat
Building
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick,Limestone
New Construction false
Schools
High Schools Oak Park & River Forest High Sch
School District 97, 97, 200
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany, Standard
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