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Victorian Two-Unit Duplex with Attic
For Sale
Under Contract
$549,900

524 N Lombard Avenue, Oak Park, IL 60302

MULTI_FAMILY - Victorian - Oak Park, IL

Lot Size0.13 Acres
Days on Market26

Property Features for 524 N Lombard Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Basement, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 5, Bedroom 6
Parking 3
Parking features Open, Owned, Garage, Off Alley
Window features Screens
Patio and Porch features Patio
Basement Unfinished, Full
Elementary school Whittier Elementary School
Middle school Gwendolyn Brooks Middle School
High school Oak Park & River Forest High Sch
Elementary school district 97
Middle school district 97
High school district 200
Directions Oak Park Ave. to Chicago Ave. East to Lombard, north to home
Subdivision Oak Park
Standard status Active Under Contract
APN 16053240090000
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 12925

Utilities

Sewer type Public Sewer
Heating system Other (Heating), Natural Gas
Water source Public

Building Details

Year built 1902
Building materials Stucco
Roof type Asphalt
Architectural style Victorian
Listing Agency: Berkshire Hathaway HomeServices Chicago
Listed By: Tabitha Murphy · License #475132363
Added: Jul 7 Changed: Aug 1 Last Checked: Aug 1 at 2:06PM
MLS# 12639332

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.

Victorian duplex built in 1902 featuring two spacious units. Each unit offers three bedrooms and one bathroom, along with eat-in kitchens, high ceilings, hardwood floors, and original moldings that showcase the home’s vintage character. Storage is noted throughout, and there is a basement plus a full walk-up attic.

The walk-up attic presents potential for future expansion, including the possibility of duplexing up the second-floor unit to create an owner’s unit or additional living space. The basement also offers potential to duplex down the first-floor unit, supporting a range of living arrangements such as owner-occupancy with supplemental rental income.

Outside, enjoy a patio, a 2-car garage, and additional exterior parking space with off-alley access. The home is on public water and public sewer, with natural gas heating and asphalt roofing. Zoning is MULTI.

Key Highlights

  • 0.13‑acre lot with Victorian duplex built in 1902
  • Two units, each with three bedrooms and one bathroom plus eat‑in kitchens
  • Walk‑up attic provides expansion potential for future duplexing up

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Bakery Auto Parts Store Bar & Pub Cafe & Coffee Shop Storage Facility

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,143
Businesses Nearby

Demographics for 60302, IL

33,698
Population
15,702
Households
2.1
Avg Household Size
41
Median Age
71%
College-Educated
97%
High-School Grad
3.0 sq mi
ZIP Area
11,233
Density / Sq Mi
$97,414
Median Household Income
$69,368
Median Earnings
$1,348
Median Rent
$450,700
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?
Duplex - Victorian duplex on a 0.13-acre lot with two three-bedroom units, a walk-up attic, and patio plus parking.
Where is this duplex located?
The property is located at 524 N Lombard Avenue Oak Park, IL.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 0.13‑acre lot with Victorian duplex built in 1902; Two units, each with three bedrooms and one bathroom plus eat‑in kitchens; Walk‑up attic provides expansion potential for future duplexing up
More about this property
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