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Oak Park, IL Apartment Buildings for Sale

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Luxury Apartments in Oak Park
Updated: Feb 23
Luxury Apartments in Oak Park

6031-37 W. North Ave, Oak Park, IL 60302

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29,142 sqft
New construction (2022) 24‑unit portfolio of condo‑quality luxury residences.
Spacious 2 bed / 2 bath apartments with modern, open‑concept floorplans, electric fireplaces, high‑end appliances, and spa‑like bathrooms.
In‑unit laundry and individual HVAC systems for efficient operation and easy maintenance.
Opportunity to increase income by improving parking revenue and raising rents to market rates.
Located in Oak Park, a desirable historic suburb of Chicago with excellent schools, a strong community, and convenient access to public transportation (Metra and CTA).
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Spacious Condo in Historic District
Updated: Jul 29, 2025
Spacious Condo in Historic District

203 N KENILWORTH Avenue #2P, Oak Park, IL 60302

$240,000
Prime location in the heart of the historic district, close to the Green Line, shopping, theater, and restaurants.
Spacious two‑bedroom condo with a LARGE master bedroom and bath.
Includes a covered parking space.
Kitchen features stainless steel appliances and an eating area.
Abundant closet space throughout the unit.
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Oak Park Condominium Building
Oak Park Condominium Building

950 Washington Boulevard, Oak Park, IL 60302

$6,199,000

28-unit condominium building in Oak Park, Illinois for sale.

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Eight-Unit Apartment Building
Eight-Unit Apartment Building

7 W. Division, Oak Park, IL 60302

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Eight residential units with renovated interiors, including updated kitchens and baths, plus an on-site parking lot.

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Renovated Six-Unit Apartment Building
Renovated Six-Unit Apartment Building

1232 N Austin Blvd, Oak Park, IL 60302

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Six renovated two-bedroom units feature in-unit laundry, enclosed rear porches, and updated kitchens and bathrooms.

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Walk-Up Condo Deconversion Opportunity
Walk-Up Condo Deconversion Opportunity

430--436 W Harrison St, Oak Park, IL 60304

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Four-block condominium deconversion site featuring a 14-unit walk-up building in Oak Park, Illinois.

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Downtown Apartment Community
Downtown Apartment Community

715 South Blvd, Oak Park, IL 60302

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Apartment community in downtown Oak Park, steps from shopping, restaurants, and services, about 20 minutes from downtown Chicago.

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Four-Story Apartment Building
Four-Story Apartment Building

722 N Austin Blvd, Oak Park, IL 60302

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Four-story, 19-unit walk-up apartment building with garage parking and updated building systems.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 8 Active listings in Oak Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Apartment Building Redevelopment Site
Apartment Building Redevelopment Site

446 N Pine Avenue, Chicago, IL 60644

$675,000
0.29 AC lot

Apartment building redevelopment site on 0.2925 acres, zoned MULTI, with a new roof and gut renovation framing in place.

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Two-Story Brick Apartment Building
Two-Story Brick Apartment Building

759 N Pine Avenue, Chicago, IL 60644

$1,298,000
0.34 AC lot

Two-story brick mixed-use building with 22 total units, 2-car garage, fenced backyard, and tenant-paid utilities.

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Senior Housing Apartment Building
Senior Housing Apartment Building

525 N Austin Blvd, Chicago, IL 60644

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26,035 sqft

Six-story, 57-unit subsidized senior building with studio-heavy mix, elevator, and on-site laundry near I-290 and the CTA Green Line.

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Turnkey Six-Unit Apartment Building
Turnkey Six-Unit Apartment Building

5914 West Huron Street, Chicago, IL 60644

$630,000

Well-maintained six-unit building with 4 assigned parking spaces and on-site coin laundry, featuring major 2017–2018 renovations.

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Off-Market Properties in Oak Park, IL

Consider similar Off-Market properties in Oak Park, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

312 Austin Blvd
GARDEN APT, COURT APT (5+ UNITS)

312 Austin Blvd, Oak Park, IL 60302-2791

$550,000
Estimated value
4,200 sqft 0.20 AC lot
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1008 Austin Blvd
GARDEN APT, COURT APT (5+ UNITS)

1008 Austin Blvd, Oak Park, IL 60304

$1,105,000
Estimated value
0.07 AC lot
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1010 Austin Blvd
GARDEN APT, COURT APT (5+ UNITS)

1010 Austin Blvd, Oak Park, IL 60304-2339

$950,000
Estimated value
0.07 AC lot
View details
916 Maple Ave, Unit 1
APARTMENT HOUSE (UNDER 5 UNITS)

916 Maple Ave, Oak Park, IL 60304-2552

Unit 1
$280,000
Estimated value
2,064 sqft 0.13 AC lot
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185 Marion St
APARTMENT HOUSE (UNDER 5 UNITS)

185 Marion St, Oak Park, IL 60301-1513

$650,000
Estimated value
4,939 sqft 0.05 AC lot
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1117 Humphrey Ave, Unit 2
APARTMENT HOUSE (UNDER 5 UNITS)

1117 Humphrey Ave, Oak Park, IL 60304-2696

Unit 2
$425,000
Estimated value
2,994 sqft 0.14 AC lot
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220 Austin Blvd
APARTMENT HOUSE (UNDER 5 UNITS)

220 Austin Blvd, Oak Park, IL 60302-3325

$550,000
Estimated value
2,508 sqft 0.14 AC lot
View details
101 Kenilworth Ave
APARTMENT HOUSE (UNDER 5 UNITS)

101 Kenilworth Ave, Oak Park, IL 60301-1535

$560,000
Estimated value
2,603 sqft 0.06 AC lot
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917 Wenonah Ave
APARTMENT HOUSE (UNDER 5 UNITS)

917 Wenonah Ave, Oak Park, IL 60304-2557

$550,000
Estimated value
2,634 sqft 0.13 AC lot
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536 Taylor Ave
APARTMENT HOUSE (UNDER 5 UNITS)

536 Taylor Ave, Oak Park, IL 60302-2422

$410,000
Estimated value
2,008 sqft 0.20 AC lot
View details
1016 Maple Ave, Unit 1
APARTMENT HOUSE (UNDER 5 UNITS)

1016 Maple Ave, Oak Park, IL 60304-2553

Unit 1
$455,000
Estimated value
1,828 sqft 0.13 AC lot
View details
1100 Lombard Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1100 Lombard Ave, Oak Park, IL 60304-2213

$255,000
Estimated value
2,102 sqft 0.07 AC lot
View details
515 Carpenter Ave
APARTMENT HOUSE (UNDER 5 UNITS)

515 Carpenter Ave, Oak Park, IL 60304-1182

$260,000
Estimated value
2,140 sqft 0.12 AC lot
View details
1035 Ridgeland Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1035 Ridgeland Ave, Oak Park, IL 60304-2123

$105,000
Estimated value
2,544 sqft 0.07 AC lot
View details
329 Wisconsin Ave
APARTMENT HOUSE (UNDER 5 UNITS)

329 Wisconsin Ave, Oak Park, IL 60302-3401

$105,000
Estimated value
2,416 sqft 0.20 AC lot
View details
925 Ontario St
APARTMENT HOUSE (UNDER 5 UNITS)

925 Ontario St, Oak Park, IL 60302-1999

$165,000
Estimated value
4,512 sqft 0.14 AC lot
View details

Oak Park, IL Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Oak Park, IL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 29,142 square feet of properties for sale, with an estimated market value of $6,439,000.

Sale prices for two-family homes in Oak Park, IL start at $240,000, averaging $3,219,500, and reaching up to $6,199,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Small apartment buildings 1

Demographics Overview

Population 53K
Population Growth (5Y) +12.5%
Median Household Income $109,252
College Educated 83.3%

High-Yield Neighborhoods for Investment

Identify Oak Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60304 $1.4M
60302 $3.2M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Oak Park fall within the 5,000 to 10,000 square foot range.

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