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Stucco Triplex with Coach House
New
For Sale
$650,000

540 N Harvey Avenue, Oak Park, IL 60302

Residential Income, Oak Park, IL

Property SizeContact for details
Lot Size0.20 Acres
Days on Market6

Property Features for 540 N Harvey Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Basement, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 2
Parking 5
Parking features Owned
Basement Partially Finished, Full
High school Oak Park & River Forest High Sch
Elementary school district 97
Middle school district 97
High school district 200
Directions Chicago and Ridgeland - East on Chicago to Harvey, North on Harvey to house
Subdivision Oak Park
Standard status Active
APN 16053230030000
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 13703

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Amenities

backyard patio
garden
basement storage

Building Details

Year built 1911
Building materials Stucco
Listing Agency: Berg Properties
Listed By: Scott Berg · License #475110440
Added: Sep 22 Changed: Sep 26 Last Checked: Sep 27 at 2:06PM
MLS# 12766158

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 1911 stucco triplex combines a two-flat main residence with a separate coach house. The property includes three units, each with its own kitchen and hardwood flooring, along with high ceilings, crown molding, and functioning pocket doors. The first-floor main-house unit includes two bedrooms on the first floor and two additional bedrooms in the basement; the second-floor unit has two bedrooms, while the coach house provides one first-floor bedroom and two basement bedrooms.

Set on a 50x171 lot, the property includes a backyard patio, garden areas beneath mature trees, and 5 exterior parking spaces. The full basement is partially finished and provides additional storage and usable space. Public water and public sewer serve the property, with natural gas heating. The location is within walking distance of the L train, Whittier School, Oak Park and River Forest High School, Pete's Fresh Market, the GRC, and Ridgeland Common's pool and ice arena, with downtown Chicago accessible by car.

Key Highlights

  • Three‑unit layout with a two‑flat main house and separate coach house
  • 50x171 lot with 5 exterior parking spaces
  • 1911 stucco construction with hardwood floors, high ceilings, crown molding, and pocket doors

Property Analytics

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Current Use

Medina Law Law Firm

Suggested Use

Top Pick Law Firm Auto Parts Store Carpet & Flooring Store Bakery Bar & Pub Florist

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

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,691
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three units offer private kitchens, hardwood floors, period detailing, and access to a partially finished basement.
Where is this triplex located?
The property is located at 540 N Harvey Avenue Oak Park, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Three‑unit layout with a two‑flat main house and separate coach house; 50x171 lot with 5 exterior parking spaces; 1911 stucco construction with hardwood floors, high ceilings, crown molding, and pocket doors
More about this property
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