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511 N TAYLOR Avenue, Oak Park, IL, 60302
Oak Park Multi-Family Investment

511 N TAYLOR Avenue Oak Park, IL 60302

For Sale
$495,000
Pending

MULTI_FAMILY - Oak Park, IL

Days on Market143

Property Features for 511 N TAYLOR Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 5
Bathrooms 3
Rooms Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 3, Basement, Bathroom 2
Parking 6
Parking features Alley, Assigned, Open, Owned, Garage, Off Street
Basement Unfinished, Full
Standard status Pending
APN 16053240320000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 15646

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Steam, Baseboard

Building Details

Year built 1924
Building materials Brick
Roof type Flat
Listing Agency: eXp Realty
Listed By: Julie Bapst
Added: Mar 6 Changed: Jul 15 Last Checked: Jul 27 at 1:06PM
MLS# 12585413

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.

This fully occupied, legal three-flat is located in the heart of Oak Park. The vintage brick building features a multi-unit layout, including one spacious three-bedroom unit and two renovated one-bedroom units. Each unit is equipped with its own washer and dryer. The building retains its vintage character while offering income potential for investors or owner-occupants. Additional income is generated from two garage spots and tandem exterior spots. Each unit provides comfortable living spaces with natural light and architectural details that reflect Oak Park's historic charm. Situated on a tree-lined street, the property is close to public transportation, parks, shopping, and dining. The building has new windows on the upper level, and the roof was resurfaced a few years ago. A full basement provides storage for each unit. The property is being sold as-is.

Key Highlights

  • Brick 3‑flat fully occupied; one spacious 3‑bedroom unit plus two renovated 1‑bedroom units
  • Each unit has in‑unit washer & dryer; full basement with storage for each unit
  • Parking includes a garage and off‑street/open assigned spots, plus additional tandem exterior spots

Property Analytics

Property Profile Location Intelligence

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Bakery Cafe & Coffee Shop Pharmacy Auto Parts Store

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Triplex - Classic three-flat in prime Oak Park location.
Where is this triplex located?
The property is located at 511 N TAYLOR Avenue Oak Park, IL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Brick 3‑flat fully occupied; one spacious 3‑bedroom unit plus two renovated 1‑bedroom units; Each unit has in‑unit washer & dryer; full basement with storage for each unit; Parking includes a garage and off‑street/open assigned spots, plus additional tandem exterior spots
More about this property
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