17 Garfield Street, Oak Park, IL 60304
MULTI_FAMILY - Other - Oak Park, IL
Property Features for 17 Garfield Street
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Investment Insights
Based on property information with market context.
The property sits at 17 Garfield Street in Oak Park, on an oversized 50x125 lot just off I-290. Tenants are responsible for electric and gas, which can help reduce operating exposure. Outdoor amenities include a rear porch and a fully enclosed wooden privacy fence. Parking includes a rare four-car detached garage plus additional exterior space.
With zoning designated as MULTI and a 6.7% CAP rate referenced based on annual rental income and minimized operating expenses, the offering presents a straightforward, income-focused residential quadplex with practical on-site storage and parking.
The property is being sold as-is.
Key Highlights
- All four units are occupied; four spacious 2‑bed, 1‑bath units
- Brick quadplex built in 1925 with original hardwood floors and tall ceilings
- Oversized 50x125 lot just off I‑290; located at 17 Garfield Street, Oak Park
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Market
Vacancy Rate% for Multifamily in Midwest region