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Brick 4-Unit Apartment Building
For Sale
$885,000

17 Garfield Street, Oak Park, IL 60304

Residential Income, Oak Park, IL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market36

Property Features for 17 Garfield Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 5, Bathroom 4, Bathroom 2, Bedroom 8, Bedroom 2, Bedroom 4, Basement, Bedroom 7, Bedroom 6
Parking 5
Parking features Garage, Open, Owned
Exterior features Lighting
Fencing Fenced
Basement Unfinished, Full
Elementary school district 97
Middle school district 97
High school district 200
Directions Austin Blvd to Garfield west to building
Subdivision Oak Park
Standard status Active
APN 16173150020000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 16659

Utilities

Sewer type Public Sewer
Heating system Radiant

Amenities

hardwood floors
ceiling fans
appliance package
basement storage
rear porch
privacy fence

Building Details

Year built 1925
Building materials Brick
Roof type Rubber
Architectural style Other
Listing Agency: Illinois Discount Realty
Listed By: Vanessa Carlson · License #471016540
Added: Aug 2 Changed: Sep 2 Last Checked: Sep 6 at 2:06AM
MLS# 12722022

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1925, this brick quadplex contains four two-bedroom, one-bath apartments. The units feature updated kitchens and bathrooms along with stoves, refrigerators, dishwashers, and pantries. Original hardwood floors, tall ceilings, vintage trim, ceiling fans, and substantial natural light add period character. All four apartments are occupied. A full unfinished basement provides storage, while a detached four-car garage and an additional exterior space expand the property's parking and income features. Tenants pay electric and gas, and the property is served by public sewer with radiant heat.

Outdoor components include a rear porch and an enclosed wooden privacy fence. The property is located in Oak Park, Illinois, near I-290, and carries MULTI zoning. The roof is rubber, and the building is being sold as-is. Financial information includes a 6.7% cap rate.

Key Highlights

  • Four occupied two‑bedroom, one‑bath units
  • 1925 brick building with updated kitchens and baths
  • Detached 4‑car garage plus an additional exterior space

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Catering Service Nursing Home Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,141
Businesses Nearby

Demographics for 60304, IL

17,842
Population
6,842
Households
2.6
Avg Household Size
38
Median Age
73%
College-Educated
97%
High-School Grad
1.5 sq mi
ZIP Area
11,895
Density / Sq Mi
$132,841
Median Household Income
$76,027
Median Earnings
$1,279
Median Rent
$470,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied multifamily property with updated kitchens and baths, complete appliance packages, and dedicated garage parking.
Where is this quadplex located?
The property is located at 17 Garfield Street Oak Park, IL.
What is the asking price?
The asking price for this property is $885,000.
What are key features of this property?
This property features: Four occupied two‑bedroom, one‑bath units; 1925 brick building with updated kitchens and baths; Detached 4‑car garage plus an additional exterior space
More about this property
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