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36-Unit Apartment Building
For Sale
Contact for pricing
Pending

37 Harrison St, Oak Park, IL 60304

Studios and one- and two-bedroom apartments feature refreshed interiors, updated common areas, and upgraded building systems.

Property SizeContact for details
Days on Market144

Property Features for 37 Harrison St

General Information

Standard status Pending
Total Parking Spaces 3
Property subtype Multifamily

Units

Unit Mix 25 x studio, 10 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 36

Additional Details

Public Transit Yes

Building Details

Buildings 1
Listing Agency: Interra Realty, LLC
Listed By: Patrick Kennelly · License #IL
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 6:04AM

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 Interra Realty, LLC

Investment Insights

Based on property information with market context.

This 36-unit apartment property includes 25 studio apartments, 10 one-bedroom/one-bath units, and one two-bedroom/one-bath unit. Five studios and two one-bedroom units have been renovated, with reported rental increases of 20% for the studios and approximately 17% for the one-bedroom apartments. Building improvements include a 2-year-old steam boiler, refreshed lobby and hallways, a new butterfly intercom system, upgraded electrical panels and service, plumbing updates in remodeled units, and replacement of the main sewer line. The property also provides three parking spaces.

Located in Oak Park’s Arts District, the building is approximately 8.5 miles west of downtown Chicago’s Loop and within walking distance of the Austin Blvd Blue Line. Downtown Oak Park is nearby, with retail, grocery, and medical options. Utilities are paid by the landlord, with a ratio utility billing system in place.

Key Highlights

  • 36‑unit apartment building with 25 studios, 10 one‑bedroom/one‑bath units, and 1 two‑bedroom/one‑bath unit
  • Five studio units renovated with reported 20% rental increases; 2 one‑bedroom units renovated with approximately 17% increases
  • Recent improvements include a 2‑year‑old steam boiler, refreshed lobby and hallways, and new butterfly intercom system

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office (Bike/Boat/Book/etc) Store Travel Agency Skin Care Clinic

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

36
Residential units

Location Intelligence

Trade Area within ½ mile

1,439
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 - Studios and one- and two-bedroom apartments feature refreshed interiors, updated common areas, and upgraded building systems.
Where is this apartment building located?
The property is located at 37 Harrison St Oak Park, IL.
What are key features of this property?
This property features: 36‑unit apartment building with 25 studios, 10 one‑bedroom/one‑bath units, and 1 two‑bedroom/one‑bath unit; Five studio units renovated with reported 20% rental increases; 2 one‑bedroom units renovated with approximately 17% increases; Recent improvements include a 2‑year‑old steam boiler, refreshed lobby and hallways, and new butterfly intercom system
More about this property
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