$710,000

Multi Family In Oak Park

  • 7 Beds
  • 3 Baths
  • Updated: July 29
  • Source:
    Midwest Real Estate Data (MRED)  MLS#12716444

About the Property

Don’t miss this opportunity to own a classic Victorian three-flat in the heart of Oak Park’s renowned Frank Lloyd Wright Historic District. Rich in architectural character, each unit features soaring ceilings, original crown molding, hardwood flooring, and updated tile bathrooms. Recent improvements include a new roof and gutters (2017), new boilers (2025), and a freshly painted exterior (2025). E
Don’t miss this opportunity to own a classic Victorian three-flat in the heart of Oak Park’s renowned Frank Lloyd Wright Historic District. Rich in architectural character, each unit features soaring ceilings, original crown molding, hardwood flooring, and updated tile bathrooms. Recent improvements include a new roof and gutters (2017), new boilers (2025), and a freshly painted exterior (2025). Each unit has an assigned washer and dryer, and all utilities are separately metered. Situated on a picturesque, tree-lined street, this exceptional location is just steps from the Green Line, Trader Joe’s, Whole Foods, Downtown Lake Street, shopping, dining, and more. While there is no overnight parking on-site, a community parking garage is conveniently located just one-half block south of the building. With no vacancies in the past 15 years and a strong, desirable rent roll, this property presents an excellent opportunity for investors or future owner-occupants. The property is being sold as-is. All units are currently leased through next year, and the existing leases must be honored by the new owner. Owner occupancy is possible once a unit becomes available in accordance with the lease terms. Cash or conventional financing only. This is a rare opportunity to acquire a stable, income-producing property with classic Victorian charm in one of Oak Park’s most sought-after historic neighborhoods.
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227 N MARION Street, Oak Park, Illinois, United States View on Google Maps
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Avenue 1 Realty Group - Forest Park

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Avenue 1 Realty Group - Forest Park
Illinois, United States
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3
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2026
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Avenue 1 Realty Group - Forest Park
Forest Park, Illinois, United States
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Last updated
July 29
First listed
Jul 29
Listing reference
12716444
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