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Four-Unit Quadplex with Unfinished Basement
For Sale
$900,000

17 Garfield Street, Oak Park, IL 60304

MULTI_FAMILY - Other - Oak Park, IL

Property SizeContact for details
Days on Market8

Property Features for 17 Garfield Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 7, Bedroom 3, Basement, Bedroom 5, Bathroom 3, Bathroom 1, Bedroom 6, Bedroom 1, Bedroom 8, Bathroom 4, Bedroom 4, Bathroom 2, Bedroom 2
Parking 5
Parking features Owned, Open, Garage
Exterior features Lighting
Fencing Fenced
Basement Full, Unfinished
Elementary school district 97
Middle school district 97
High school district 200
Directions Austin Blvd to Garfield west to building
Subdivision Oak Park
Standard status Active
APN 16173150020000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 16659

Utilities

Sewer type Public Sewer
Heating system Radiant

Amenities

rear porch
fully enclosed wooden privacy fence

Building Details

Year built 1925
Building materials Brick
Roof type Rubber
Architectural style Other
Listing Agency: Illinois Discount Realty
Listed By: Vanessa Carlson · License #471016540
Added: Aug 2 Changed: Aug 8 Last Checked: Aug 9 at 10:06AM
MLS# 12722022

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick four-unit quadplex built in 1925 is offered with all four units fully occupied. The building features four spacious two-bedroom, one-bathroom units with original hardwood floors, tall ceilings, vintage trim, ceiling fans, and abundant natural light. Updated kitchens and baths are paired with full in-unit appliance packages, including stove, refrigerator, dishwasher, and pantry. A full unfinished basement provides substantial storage and flexibility for expanded laundry or future value-add improvements.

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

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Catering Service Nursing Home Dental Office

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

4
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,295
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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Brick quadplex built in 1925 with four 2-bed units, full unfinished basement, and detached garage parking on a fenced lot.
Where is this quadplex located?
The property is located at 17 Garfield Street Oak Park, IL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 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
More about this property
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