7-Unit Apartment
New
For Sale
$1,490,000
314-316 N Maple Avenue, Oak Park, IL 60302
The occupied property combines a varied unit mix with off-street parking and recent building improvements.
Property SizeContact for details
Days on Market6
Property Features for 314-316 N Maple Avenue
General Information
Standard status
Active
Total Parking Spaces
6
Property subtype
Commercial
Occupancy
100%
Units
Unit Mix
3 x 3-bed/1.5-bath, 3 x 2-bed/1-bath, 1 x 2-bed/1-bath garden
Multifamily Units
7
Taxes and HOA fees
Annual Taxes
$35,093
Amenities
common-area washer and dryer
deck
Rubber Roof
Building Details
Year Built
1931
Buildings
1
Tenancy
Multi
Listing Agency:
REDFIN CORPORATION
(312) 836-4263
Listed By:
TERRIE WHITTAKER · License #471017483
(312) 209-4010
Source:
Corcoran
Added: Sep 30
Changed: Oct 4
Last Checked: Oct 4 at 9:42AM
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 REDFIN CORPORATION
Investment Insights
Based on property information with market context.
Built in 1931, this apartment property contains seven units: three with 3 bedrooms and 1.5 baths, and four with 2 bedrooms and 1 bath, including a garden-level unit. All units are occupied. Five leases run for one year, while two are month-to-month. The property has six off-street parking spaces.
Improvements include a new roof, a renovated garden unit, and a new washer and dryer in the common area. Several units received new refrigerators, stoves, and dishwashers. Additional work includes rear tuckpointing, plumbing repairs, and fresh paint on the deck.
Improvements include a new roof, a renovated garden unit, and a new washer and dryer in the common area. Several units received new refrigerators, stoves, and dishwashers. Additional work includes rear tuckpointing, plumbing repairs, and fresh paint on the deck.
Key Highlights
- Seven occupied apartments: three 3‑bedroom/1.5‑bath units and four 2‑bedroom/1‑bath units, including one garden unit
- Six off‑street parking spaces
- Five units have year‑long leases; two are month‑to‑month
Property Analytics
Current Use
Lease Details
7
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,928
Businesses Nearby
Explore this area
Business Placement
Demographics for 60302, IL
33,698
Population
15,702
Households
2.1
Avg Household Size
41
Median Age
71%
College-Educated
97%
High-School Grad
3.0 sq mi
ZIP Area
11,233
Density / Sq Mi
$97,414
Median Household Income
$69,368
Median Earnings
$1,348
Median Rent
$450,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - The occupied property combines a varied unit mix with off-street parking and recent building improvements.
Where is this apartment building located?
The property is located at 314-316 N Maple Avenue Oak Park, IL.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: Seven occupied apartments: three 3‑bedroom/1.5‑bath units and four 2‑bedroom/1‑bath units, including one garden unit; Six off‑street parking spaces; Five units have year‑long leases; two are month‑to‑month
