Courtesy: Compass
708-771-8040
Welcome to 534 S East Ave, Oak Park, IL - an outstanding multi-family property on a double lot offering endless potential for investors or owner-occupants alike. Experience an unparalleled blend of high-end design and investment versatility in this meticulously maintained multi-unit residence. The crown jewel of the property is the owner's duplex, a sprawling five-bedroom, three-bathroom sanctuary that has been elegantly curated with designer finishes. At its heart sits a gourmet chef's kitchen, perfectly complemented by soaring ceilings and rich hardwood floors that flow throughout the entire building. The second floor offers a spacious three-bedroom, one-bathroom apartment with in unit laundry ideal for high-end rental income or a multi-generational living arrangement. With expansive closet space and premium architectural details, this property represents a rare opportunity for the discerning buyer looking to secure a sophisticated home with significant equity potential. Located in a sought-after area of Oak Park, this property places you in the heart of a vibrant community with access to local amenities, shopping, dining, and entertainment. The charm and character of the neighborhood are unmatched, perfectly complementing the appeal of this versatile unique residence.
Courtesy: Illinois Discount Realty
800-403-8716
Exceptional opportunity to acquire a solid brick vintage 4-unit full occupancy in highly desirable Oak Park, a transit oriented submarket known for stable tenancy and longterm appreciation. Located just off 290, this classic 1925 building sits on an oversized 50x125 lot and features four spacious 2 bed/1bath units with timeless character-original hardwood floors, tall ceilings, vintage trim, ceiling fans, and abundant natural light throughout. Each unit includes a full appliance package with stove, refrigerator, dishwasher and pantry, supporting strong tenant demand and easy leasing. Updated kitchens and baths. All units occupied, offering stable income. A full unfinished basement provides excellent storage capacity and potential for expanded laundry or future value added improvements. The property also includes a rare 4 car detached garage plus an additional exterior space, creating additional income and enhancing overall return. Outdoor amenities include a rear porch perfect for tenant seating and a fully enclosed wooden privacy fence, increasing tenant appeal and longterm retention. Tenants pay electric and gas, reducing operating exposure and supporting stronger net performance. With a 6.7% CAP rate built on strong annual rental income and minimized operating expenses, this asset delivers the fundamentals investors seek. Stable cash flow, low vacancy risk, and multiple avenues for value creation in one of Oak Park's most desirable rental corridors. Property being sold as-is.
Courtesy: Avenue 1 Realty Group
773-622-4663
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.
Courtesy: Coldwell Banker Realty
773-631-8300
Welcome to this timeless Greystone Two Flat, ideally situated in the prestigious Frank Lloyd Wright Historic District within the heart of Downtown Oak Park, where historic elegance meets modern opportunity. This exceptional property blends enduring architectural character with thoughtful updates, making it an outstanding opportunity for both owner-occupants and investors. The first floor unit has been tastefully refreshed with new interior paint all throughout, newer quartz countertops, stainless steel appliances, updated lighting, two spacious bedrooms, a beautifully appointed full bath, and a heated rear sunroom that serves as the perfect den retreat and/or an office/entertaining space. The second floor unit offers an equally inviting floor plan featuring two spacious bedrooms, a full bath, and an elegant front flex room that can be suited as a home office, library, sitting room, or additional living space and its heated rear sunroom creates yet another warm and versatile setting while preserving the home's original architectural charm. Every detail reflects pride of ownership. Additional highlights include newer windows throughout, hardwood floors throughout both units, separate utilities, an unfinished basement offering generous storage along with a washer and dryer for owner/tenant convenience and a beautifully reimagined front porch that welcomes relaxation, guests and seamless curb appeal. One of the property's most extraordinary features is its three private exterior parking spaces, located to side of the home, a true luxury in this coveted neighborhood and the only property on the block to offer dedicated parking. Whether envisioned as an owner-occupied investment, an elegant multigenerational residence, or a premier addition to a real estate portfolio, the possibilities are remarkable. Live in one residence while generating rental income from the other, or maximize returns with both units. The second-floor is occupied by a long-term tenant. Both units offer the opportunity to command rental income approaching $2,400 per month, creating an attractive investment profile in one of Chicagoland's most sought after communities. Perfectly positioned in the vibrant heart of Downtown Oak Park, residents enjoy an irreplaceable location and walkable lifestyle surrounded by acclaimed restaurants, boutique shopping, artisan cafes, wellness studios, entertainment, neighborhood parks, and everyday conveniences. Proximity to Downtown Forest Park, the CTA Green Line, Metra, and an effortless commute to Downtown Chicago place the very best of the city and suburbs within easy reach. This is more than a two-flat. It is an opportunity to own an enduring piece of Oak Park's architectural legacy while embracing the lifestyle that one of Chicagoland's most desirable historic neighborhoods has to offer. Schedule your private showing today! Multiple offers received!
Courtesy: Coldwell Banker Realty
312-981-5500
Exceptional investment opportunity in the heart of Oak Park! This beautiful yellow brick 2-flat at 1428 N Austin Blvd, Oak Park, IL 60302 offers tremendous value-add potential for investors, owner-occupants, and house hackers alike. Each unit features a spacious and functional 3-bedroom, 1-bathroom layout, providing strong rental appeal and comfortable living space. The property's standout feature is the full basement with a separate exterior entrance, high ceilings, and an existing bathroom, creating a rare opportunity for future expansion. Whether you're considering an in-law arrangement, duplex-down conversion, additional living space, or another creative use, the basement offers endless possibilities for the next owner to maximize the property's potential. Adding to the income-producing opportunities is a 3-car garage, which can provide additional rental income or valuable off-street parking for tenants. Located in a highly desirable Oak Park location, this property presents the perfect opportunity to build equity and increase cash flow through strategic improvements. Whether you're a seasoned investor looking to add a strong asset to your portfolio or an owner-occupant seeking the benefits of multi-unit living, this is a property you won't want to miss. Property is being sold AS-IS. Bring your vision and unlock the full potential of this true Oak Park gem!
Courtesy: Realty of America
708-788-1900
Welcome to 530 S. Ridgeland Ave! This well-maintained all-brick two-unit building is a fantastic opportunity for both owner-occupants and investors. Each unit features 2 spacious bedrooms, 1 full bathroom, beautiful hardwood floors, and plenty of natural light. The first-floor unit is currently tenant-occupied on a two-year lease at market rent, providing immediate rental income, while the second-floor unit is vacant, updated, and move-in ready, making it perfect for an owner occupant, or an investor seeking additional cash flow. Recent updates include a new roof (2019), water heater (2023), updated kitchen and bathroom, newer windows, and an updated electrical panel. The bright enclosed sunroom offers additional living space and has the potential to be converted into a third bedroom, home office, or flex room. Outside, you'll find a fenced backyard, a detached two-car garage, and an additional carport currently used by the tenant for off-street parking. Conveniently located in the heart of Oak Park with easy access to I-290, public transportation, shopping, dining, parks, and schools, this turnkey property offers the perfect combination of comfort, convenience, and investment potential. Nothing to do but move in and start collecting rental income. Showings are only available for the upstairs unit. Schedule your private showing today!
Courtesy: Munrovey Real Estate Inc.
847-567-3518
Beautifully maintained Oak Park 2-flat in a highly convenient South Oak Park location. Each unit offers a bright, comfortable floor plan with hardwood floors, updated kitchens and baths, newer windows, and charming vintage details including stained glass. Enjoy large open front porches, a fenced backyard, and three exterior parking spaces. Both apartments feature similar layouts, with the first-floor unit offering a private basement rec room-ideal for extra living, work, or recreation space. Located just a block and a half from Rehm Park and Pool, and close to the Oak Park Conservatory, Maze Branch Library, Euclid Square Park, the Blue Line, shops, restaurants, and commuter routes. A wonderful opportunity for an owner-occupant, investor, or multi-generational living setup in one of Oak Park's most accessible neighborhoods.
Courtesy: Compass
708-771-8040
Courtesy: Illinois Discount Realty
800-403-8716
Exceptional opportunity to acquire a solid brick vintage 4-unit full occupancy in highly desirable Oak Park, a transit oriented submarket known for stable tenancy and longterm appreciation. Located just off 290, this classic 1925 building sits on an oversized 50x125 lot and features four spacious 2 bed/1bath units with timeless character-original hardwood floors, tall ceilings, vintage trim, ceiling fans, and abundant natural light throughout. Each unit includes a full appliance package with stove, refrigerator, dishwasher and pantry, supporting strong tenant demand and easy leasing. Updated kitchens and baths. All units occupied, offering stable income. A full unfinished basement provides excellent storage capacity and potential for expanded laundry or future value added improvements. The property also includes a rare 4 car detached garage plus an additional exterior space, creating additional income and enhancing overall return. Outdoor amenities include a rear porch perfect for tenant seating and a fully enclosed wooden privacy fence, increasing tenant appeal and longterm retention. Tenants pay electric and gas, reducing operating exposure and supporting stronger net performance. With a 6.7% CAP rate built on strong annual rental income and minimized operating expenses, this asset delivers the fundamentals investors seek. Stable cash flow, low vacancy risk, and multiple avenues for value creation in one of Oak Park's most desirable rental corridors. Property being sold as-is.
Courtesy: Coldwell Banker Realty
708-352-4840
Nestled directly across from beautiful Maple Park, this spacious 2-flat presents a rare opportunity for homeowners, investors, and value-add buyers alike. Situated on an oversized lot, this property offers generous living space, strong rental potential, and room to create additional equity through future improvements. The building features two sizable units with classic character and functional layouts. The unfinished basement provides exciting upside with the potential to duplex the first-floor unit, creating expanded living space, a larger owner's suite, or an enhanced income-producing configuration (subject to municipal approval). Enjoy scenic park views, abundant natural light, and a location that combines neighborhood charm with convenient access to schools, shopping, dining, and transportation. Whether you're looking to live in one unit while collecting rental income, renovate and increase value, or add a strong asset to your portfolio, this property offers multiple paths to success.
Courtesy: Legacy Properties, A Sarah Leonard Company
224-999-9100
Rare investment opportunity in the heart of Oak Park featuring three separate income-producing structures on one property. This unique offering includes a classic brick 3-unit multifamily building, a beautifully updated 3-bedroom 2-bath coach house, and a detached 3-car brick garage-creating multiple income streams and exceptional flexibility for investors or owner-occupants alike. The main building consists of three spacious 3-bedroom, 1-bath apartments, plus a full finished basement with shared laundry facilities and private tenant storage areas. Built with solid brick construction, this classic Chicago-style multifamily property offers the durability, character, and long-term investment appeal buyers seek. Tenants pay their own gas and electric utilities, helping maximize owner efficiency and cash flow. Extensively renovated in 2020, major improvements include new windows, separate HVAC systems for each unit, and a roof in excellent condition. The finished basement is equipped with washers, dryers, and dedicated storage rooms for tenant convenience. The coach house provides tremendous versatility as either a premium long-term rental, owner-occupied residence, or short-term rental opportunity. Recently updated, it features newer flooring, renovated bathrooms, three bedrooms, two full baths, and private in-unit laundry. Its independent layout and modern finishes make it highly desirable for a variety of rental strategies. Adding even more value is the detached 3-car brick garage, offering additional rental income potential or secure owner storage. Ideally located within walking distance of the CTA Green Line, Metra, downtown Oak Park shopping, restaurants, and entertainment, this property combines strong current income with significant long-term appreciation potential in one of the Chicago area's most sought-after communities. Opportunities like this are rare-schedule your private showing today.
Courtesy: @properties Christie's International Real Estate
708-848-0200
Welcome to 315 S. Maple Avenue, part of the historic Jennie A. June Rowhouses designed by Henry Fiddelke and nominated for Historic Landmark designation for its architecturally significant exterior features. Built in 1895 during Oak Park's major growth era, this distinctive brick row home reflects Prairie School and Arts & Crafts influences seen in the work of Frank Lloyd Wright, E.E. Roberts, and Tallmadge & Watson-hallmarks of the Ridgeland-Oak Park Historic District. Its brick facade arched Romanesque windows, and Queen Anne-style bay detailing highlight the craftsmanship and character that make this stretch of South Maple so special. This is a well-maintained vintage building with thoughtful updates throughout. The front porch was fully rebuilt five years ago, skylights were replaced 3-4 years ago, and recent tuckpointing has been completed. Many windows have been replaced, enhancing both efficiency and comfort. The property has a proven track record as a strong income-producing two-flat, previously generating $4,950 per month in gross rental income, including approved short-term rental use. It is now fully vacant, offering investors immediate control to reposition, lease at current market rates, or reinstate short-term rental operations (subject to licensing). Recent rents were below market, presenting clear upside potential for the next owner. The first-floor unit features a spacious living area with flexible rooms that can easily function as a traditional two-bedroom layout. The lower level offers excellent potential for a duplex-down configuration with modest improvements, creating expanded living space. The second-floor unit offers a three-bedroom layout with versatile living options. Two of the bedrooms can be combined to create a suite-ideal for a primary bedroom with an attached office, nursery, or sitting area. This property uniquely blends historic architectural appeal with strong income potential, flexible layouts, and room for future expansion-an exceptional opportunity in one of Oak Park's most architecturally significant corridors. Ideally located in downtown Oak Park, the home offers a highly walkable lifestyle just steps from shopping, dining, and entertainment, along with convenient access to CTA and Metra transit, top-rated schools, and everyday amenities-making it especially attractive to both tenants and long-term investors alike.
Courtesy: Baird & Warner
773-775-1855
Amazing opportunity to own a like new investment property that is fully rented! Spacious and fully renovated units, each with their own private laundry. This property also comes with an additional side lot also! Come see this super special 3 unit building featuring the top floor unit with a duplex up second floor bedroom and bonus office/walk-in closet! The other 2 units have 2 bedrooms and 1 large bathroom. Incredible finishes on all 4 levels. New features include: foundation, drain tile, sump pump, insulation, drywall, electric, plumbing, kitchen cabinets, windows, electrical & plumbing fixtures, a new main water line & full sprinkler system throughout the entire building! Jumbo oversized 2-1/2 car garage with additional storage PLUS additional parking for cars on the side lot! You simply can't beat the location literally 1/2 block to Barrie park, 1 block I290 & the Blue line.
Courtesy: eXp Realty
888-574-9405
Excellent investment opportunity in the heart of Oak Park! This classic vintage brick fully occupied legal three-flat offers a true multi-unit layout featuring one spacious three-bedroom unit and two renovated 1 bedroom(s). ALL units have their own washer & dryers a huge plus for tenants. The building showcases charming vintage character while providing strong income potential for investors or owner-occupants alike. Additional income from the 2 garage spots and tandem exterior spots. Each unit offers comfortable living spaces with natural light and timeless architectural details that reflect Oak Park's historic charm. Situated on a desirable tree-lined street, the property enjoys a prime location close to public transportation, parks, shopping, dining, and everything that makes Oak Park one of Chicagoland's most sought-after communities. With its classic structure, flexible living arrangements, and outstanding location, this legitimate three-flat presents a rare opportunity to own a piece of Oak Park while generating rental income. New windows on upper level. Newer boiler and roof was resurfaced few years ago. Full basement with storage for each unit. Rare opportunity! As-Is sale. More financials and lease detail upon request. Tenants Rights. Allow 72 hours for showing requests.
Courtesy: Westward360 RM
773-572-0880
This unique vintage 4 unit property (3 units in main building and 1 large duplex in coach house in rear) features original inlaid hdwd floors, gorgeous hardware, built-ins, art glass and huge wrap around front porch. Just 1 block from FLW Home & Studio & school, 3 blks to green line/metra. Lots of potential! -- An additional coach house has been approved by the Village for two additional units Tranquil & lovely ctyrd & garden, and 6 tandem pkng spaces, in unit laundry in two units and two unit share laundry in the full basement. All units are rented with long term leases, Rent roll of 125k+ for 2025
Oak Park is located in Illinois. Oak Park, Illinois has a population of 54,100. Oak Park is more family-centric than the surrounding county with 38.75% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Oak Park, Illinois is $98,081. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Oak Park is 39.9 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 18.7 degrees. The average rainfall is approximately 38.4 inches per year, with 36.3 inches of snow per year.
