Listing Agency: Avenue 1 Realty Group

Listed By: Ronald Ohr · License #IL Show Phone

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 9:42AM

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Investment Insights

Based on property information with market context.

This apartment building contains 6 units and is classified as a multifamily property. The asset is located at 1041 S Oak Park Ave in Oak Park, Illinois 60304.

Key Highlights

• 6‑unit apartment building
• Multifamily property
• 1041 S Oak Park Ave, Oak Park, IL 60304

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency (Bike/Boat/Book/etc) Store Law Firm Nursing Home Carpet & Flooring Store

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

6

Residential units

Location Intelligence

Trade Area within ½ mile

1,265

Businesses Nearby

Explore this area Business Placement

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?

Apartment building - Multifamily property with a six-unit residential configuration.

Where is this apartment building located?

The property is located at 1041 S Oak Park Ave Oak Park, IL.

What are key features of this property?

This property features: 6‑unit apartment building; Multifamily property; 1041 S Oak Park Ave, Oak Park, IL 60304