All-Brick Two-Flat with Central
1110 South Oak Park Avenue Oak Park, IL 60304
1110 South Oak Park Avenue, Oak Park, IL, 60304
$599,000
Pending
For Sale
$599,000
Pending
Well-maintained all-brick two-flat with central A/C for both units, plus an unfinished basement and a fully fenced backyard patio.
Property Size2,450 SF
Days on Market14
Property Features for 1110 South Oak Park Avenue
General Information
- Standard status
- Pending
- Size
- 2,450 SF
- Property subtype
- Two to Four Units / 2 Flat
Building Details
- Year Built
- 1911
Listing agency
Laura Maychruk Real Estate
(708) 205-7044
Listed by
Laura Maychruk · License #471021717
(708) 205-7044
Source
Compass
Added: Jul 9 Updated: Jul 21 at 12:44PM Checked: Jul 22 at 7:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Laura Maychruk Real Estate
Investment Insights
Based on property information with market context.
Exceptional all-brick two-flat property maintained with an emphasis on updated interiors. The first-floor unit features a spacious living room with a cozy fireplace, a formal dining room, two bedrooms with a shared walk-in closet with custom built-in storage, and a refreshed bathroom with a built-in linen cabinet. The updated kitchen includes abundant cabinetry, slate tile flooring, and a wood-topped peninsula with seating. A bonus room off the kitchen overlooks the backyard, offering flexible space for office, den, or breakfast nook. The second-floor unit offers a bright living room anchored by a fireplace with custom built-in shelving, two spacious bedrooms, two updated full bathrooms, a formal dining room with a built-in buffet, and a high-end eat-in kitchen with glass-front cabinetry, wine refrigerator, and integrated finishes. Both units include central A/C, recessed lighting, custom window treatments, soaring ceilings, and hardwood floors throughout.
Outside, the property includes a fully fenced backyard with a patio and landscaped perennial gardens. An unfinished basement provides storage for both units, along with a dedicated laundry area for the first-floor unit. Additional highlights include a newer roof and newer HVAC and water heater, plus parking for up to four vehicles.
Outside, the property includes a fully fenced backyard with a patio and landscaped perennial gardens. An unfinished basement provides storage for both units, along with a dedicated laundry area for the first-floor unit. Additional highlights include a newer roof and newer HVAC and water heater, plus parking for up to four vehicles.
Key Highlights
- All‑brick 2‑flat built in 1911 with a fully unfinished basement offering storage for both units
- Central A/C for both units, with recessed lighting, custom window treatments, soaring ceilings, and hardwood floors
- First‑floor unit features a refreshed bathroom, updated kitchen with slate tile flooring, and a bonus room overlooking the backyard
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.1k | $20.04 |
| − Vacancy | −$3.7k | −$1.50 |
| EGI | $45.4k | $18.54 |
| − OpEx | −$13.6k | −$5.56 |
| NOI | $31.8k | $12.98 |
2,450 SF · lease $20.04/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$454.2K
$397.4K – $529.9K
NOI $31,791 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$406.0K
$355.3K – $473.7K
NOI $28,422 @ 7.0% cap · market cap 4.74%
Theoretical Best
Office A
$845.9K
$740.1K – $986.9K
NOI $59,211 @ 7.0% cap · market cap 9.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained all-brick two-flat with central A/C for both units, plus an unfinished basement and a fully fenced backyard patio.
Where is this duplex located?
The property is located at 1110 South Oak Park Avenue Oak Park, IL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: All‑brick 2‑flat built in 1911 with a fully unfinished basement offering storage for both units; Central A/C for both units, with recessed lighting, custom window treatments, soaring ceilings, and hardwood floors; First‑floor unit features a refreshed bathroom, updated kitchen with slate tile flooring, and a bonus room overlooking the backyard
