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Oak Park Multifamily Redevelopment Opportunity

316 N Austin Boulevard Oak Park, IL 60302

316 N Austin Boulevard, Oak Park, IL, 60302
$702,000
For Sale
$702,000

Residential zoned property in Oak Park with redevelopment potential.

Days on Market419

Property Features for 316 N Austin Boulevard

General Information

Standard status
Active

Building Details

Year Built
1910
Listing Agency BAIRD & WARNER
Listed by CATHY YANDA · License #475177167
Source Corcoran
Added: May 27, 2025 Checked: Mar 16 at 9:09 am

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 BAIRD & WARNER


Investment Insights

Based on property information with market context.

Located in Oak Park, this property presents a prime investment opportunity. Currently utilized as a non-profit with a religious purpose, the residential zoned property is suitable for multifamily use and offers various potential applications. The oversized lot provides redevelopment possibilities, featuring 12 parking spaces at the rear. A new owner could restore the property to its original state as a single-family home. The property is being sold "As Is" and is conveniently located near transit options.

Key Highlights

  • Prime investment opportunity in Oak Park.
  • Multi‑family residential zoning allows for various uses.
  • Oversized lot with 12 parking spaces.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Maranatha Christian Center Church

Suggested Use

Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Nursing Home (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Store Butcher

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Multifamily property - Residential zoned property in Oak Park with redevelopment potential.
Where is this multifamily property located?
The property is located at 316 N Austin Boulevard Oak Park, IL.
What is the asking price?
The asking price for this property is $702,000.
What are key features of this property?
This property features: Prime investment opportunity in Oak Park.; Multi‑family residential zoning allows for various uses.; Oversized lot with **12 parking spaces**.
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