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Rich Ayers

rich@ayersteam.com +1(630) 430-5927

$650,000

Est. payment - /mo

6 Beds

4 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12766158

Bedrooms 6

Year Built 1911

Annual Tax Amount $13,703

Tax Year 2023

Lot Dimensions 50x171

Property Sub-Type Two to Four Units

Property Description

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!

Location

State IL

County Cook

Area Oak Park

Rooms

Basement Partially Finished, Full

Interior

Heating Natural Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Stucco, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Stucco

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

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Listed by Scott Berg of Berg Properties

NEARBY SCHOOLS & PROPERTIES

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Rich Ayers

+1(630) 430-5927

Team Lead | Realtor License ID: 471.001732

540 N Harvey AVE Oak Park, IL 60302

Rich Ayers

Key Details

Location

Rooms

Interior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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540 N Harvey AVE