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Brick Multifamily Property
New
For Sale
$675,000

737-739 Garfield Street Oak, Oak Park, IL 60304

The building includes individual utilities, dedicated parking, coin laundry, and basement storage lockers.

Property SizeContact for details
Days on Market5

Property Features for 737-739 Garfield Street Oak

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Public Transit Yes

Amenities

coin laundry
storage lockers
parking lot
Natural Gas
Asphalt

Building Details

Year Built 1951
Construction brick
Listing Agency: Laura Maychruk Real Estate
Listed By: Laura Maychruk · License #471021717
Source: Kw
Added: Sep 11 Last Checked: Sep 14 at 12:23PM

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 Laura Maychruk Real Estate

Investment Insights

Based on property information with market context.

Built in 1951, this brick multifamily building offers a practical residential configuration with separate gas and electric service for each unit. Individual furnaces and central air conditioning provide unit-level mechanical systems, while updated electrical panels support the property’s infrastructure.

The site includes a parking lot with one space assigned to each unit. Basement amenities include coin-operated laundry and individual storage lockers. The property is located at 737-739 Garfield Street in Oak Park, within walking distance of train service and the Southtown Shopping District.

Key Highlights

  • Brick multifamily building constructed in 1951
  • Each unit has its own furnace and central A/C
  • Separate gas and electric service for each unit

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Food Market Carpet & Flooring Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,993
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - The building includes individual utilities, dedicated parking, coin laundry, and basement storage lockers.
Where is this multifamily property located?
The property is located at 737-739 Garfield Street Oak Oak Park, IL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Brick multifamily building constructed in 1951; Each unit has its own furnace and central A/C; Separate gas and electric service for each unit
More about this property
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