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Walk-Up Condo Deconversion Opportunity
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Contact for pricing
Pending

430--436 W Harrison St, Oak Park, IL 60304

Four-block condominium deconversion site featuring a 14-unit walk-up building in Oak Park, Illinois.

Property SizeContact for details
Days on Market123

Property Features for 430--436 W Harrison St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 14
Listing Agency: Colliers - Chicago Downtown, Illinois
Listed By: Tyler Hague, LEED AP · License #471009171
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Aug 9 at 3:09PM

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 Colliers - Chicago Downtown, Illinois

Investment Insights

Based on property information with market context.

This property offers a condominium deconversion opportunity for a 14-unit, walk-up style building. The current configuration includes eight one-bedroom units and six two-bedroom, one-bath units. Public remarks indicate that unit finishes and common areas are in superior condition due to excellent upkeep by current owner-occupiers.

The building is located at 430–436 W Harrison St in Oak Park, within the Oak Park submarket described as having historically strong rental demand. The remarks also reference the area’s proximity to downtown Chicago via public and private transportation.

As presented, the unit mix and walk-up layout support a residential income conversion with an emphasis on one- and two-bedroom apartment homes.

Key Highlights

  • Condominium deconversion opportunity at 430–436 W Harrison St in Oak Park, IL
  • 14‑unit, walk‑up style building with apartment conversion potential
  • Unit mix includes 8 one‑bedroom units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Garden Center Dental Office Catering Service Travel Agency

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

14
Residential units

Location Intelligence

Trade Area within ½ mile

1,751
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?
Apartment building - Four-block condominium deconversion site featuring a 14-unit walk-up building in Oak Park, Illinois.
Where is this apartment building located?
The property is located at 430--436 W Harrison St Oak Park, IL.
What are key features of this property?
This property features: Condominium deconversion opportunity at 430–436 W Harrison St in Oak Park, IL; 14‑unit, walk‑up style building with apartment conversion potential; Unit mix includes 8 one‑bedroom units
More about this property
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