Oak Park Multifamily Investment
214 Chicago Avenue, Oak Park, IL 60302
New
- Added:
- May 29, 2026
- Days on Market:
- 1
- Last Refresh:
- May 29 at 6:06 pm
Property Features for 214 Chicago Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 11
- Bathrooms
- 6
- Rooms
- Bedroom 11, Basement, Bedroom 4, Bedroom 3, Bathroom 5, Bedroom 9, Bathroom 2, Bedroom 7, Bedroom 6, Bedroom 2, Bathroom 3, Bathroom 1, Bathroom 6, Bedroom 10, Bathroom 4, Bedroom 5, Bedroom 1, Bedroom 8
- Parking
- 4
- Parking features
- Garage, Open
- Basement
- Finished, Full, Exterior Entry
- Standard status
- Active
- APN
- 16053230230000
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 11307
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1927
- Building materials
- Brick
- Additional Structures
- Guest House
Listing agent Michael Savegnago (224) 999-9100
Listing office Legacy Properties, A Sarah Leonard Company 2325 Dean Street, Suite 900 Suite 900, St Charles, IL (224) 999-9100
Listing date May 29, 2026
MLS# 12646372
Listing URL
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.
HighLights
- Three income‑producing structures: 3‑unit building, coach house, and 3‑car garage.
- Extensively renovated in 2020 with new windows and separate HVAC systems. Roof in excellent condition.
- Coach house offers versatility as a premium long‑term rental, owner‑occupied residence, or short‑term rental.
- Solid brick construction provides durability.
- Tenants pay their own gas and electric utilities, maximizing owner cash flow.
- Ideally located near CTA Green Line, Metra, downtown Oak Park shopping, restaurants, and entertainment.
Overview
This investment property in Oak Park features three separate income-producing structures situated on a single lot. The property includes a brick three-unit multifamily building, a renovated three-bedroom, two-bath coach house, and a detached three-car brick garage. The main building contains three apartments, each featuring three bedrooms and one bath, along with a finished basement that includes shared laundry facilities and private tenant storage areas. Constructed of brick, this Chicago-style multifamily property offers durability. Tenants are responsible for their own gas and electric utilities. Renovations completed in 2020 included new windows and separate HVAC systems for each unit. The roof is in excellent condition. The finished basement has washers, dryers, and dedicated storage rooms for tenants. The coach house has newer flooring, renovated bathrooms, three bedrooms, two full baths, and private in-unit laundry. The detached three-car brick garage provides additional rental income potential or secure owner storage. The property is located within walking distance of the CTA Green Line, Metra, downtown Oak Park shopping, restaurants, and entertainment.
Location Intelligence
Current Use by Public Records
Short term rental ...
Location Insight
- Map
- Local Demand
- City
- Oak Park
- County
- Cook
- State
- Illinois
- Longitude
- -87.780793
- Latitude
- 41.894938
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Three income-producing structures in the heart of Oak Park.
Where is this apartment building located?
The property is located at 214 Chicago Avenue Oak Park, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Three income‑producing structures: 3‑unit building, coach house, and 3‑car garage.; Extensively renovated in 2020 with new windows and separate HVAC systems. Roof in excellent condition.; Coach house offers versatility as a premium long‑term rental, owner‑occupied residence, or short‑term rental.
