$650,000

Multi Family In Oak Park

  • 6 Beds
  • 4 Baths
  • Updated: Yesterday
  • Source:
    Midwest Real Estate Data (MRED)  MLS#12766158

About the Property

Rare Oak Park 3-unit opportunity on a deep 50x171 lot! This classic stucco two-flat plus coach house offers flexibility few properties can match: live in one unit and let the other two help fund the mortgage, keep extended family close while everyone has their own space, or add a solid income property to your portfolio. Each unit has its own kitchen and hardwood floors, and old-world character shi
Rare Oak Park 3-unit opportunity on a deep 50x171 lot! This classic stucco two-flat plus coach house offers flexibility few properties can match: live in one unit and let the other two help fund the mortgage, keep extended family close while everyone has their own space, or add a solid income property to your portfolio. Each unit has its own kitchen and hardwood floors, and old-world character shines throughout with high ceilings, crown molding, and working pocket doors. Tenants pay their own electric, gas, and heat. Outside, relax on the backyard patio and garden beneath mature trees, and enjoy 5 exterior parking spaces, a true rarity in Oak Park. The full, partially finished basement adds storage and flexibility, and there’s room for dedicated home offices. Long-time owners are moving on and thoughtful updates offer a clear path to growing rents. First floor unit in main house has 2 bedrooms on first floor and 2 in the basement. Second floor unit has 2 bedrooms. The main house has been owner occupied for over 20 years. Coach house has 1 bedroom on the first floor and 2 in the basement. Tenants pay 1,800 in rent per month and are month to month with 60 day notice. The location is hard to beat: walk to the L train, Whittier School, Oak Park and River Forest High School, Pete’s Fresh Market, the GRC, skate park, Ridgeland Common’s pool and ice arena. The Daily Bagel and Thai Neighbor restaurant just steps away. Easy access to downtown Chicago. Don’t miss this one!
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  • Property type

    Other

  • Year built

    1911

Features

  • Garden
  • High Ceiling
  • Parking
  • Basement

Explore the Area

540 N Harvey Avenue, Oak Park, Illinois, United States View on Google Maps
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Berg Properties - Oak Park

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Berg Properties - Oak Park
Illinois, United States
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21
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Berg Properties - Oak Park
Oak Park, Illinois, United States
View agency profile
Last updated
Yesterday
First listed
September 28
Listing reference
12766158
Listing status
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