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Multifamily Property for Sale
For Sale
Under Contract
$400,000

Oak Park, IL 60302, Oak Park, IL 60302

Residential Income, Oak Park, IL

Property SizeContact for details
Lot Size0.09 Acres
Days on Market141

Property Features

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Basement, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2
Parking 4
Parking features Garage
Basement Finished, Full
High school Oak Park & River Forest High Sch
Elementary school district 200
Middle school district 200
High school district 200
Subdivision Oak Park
Standard status Active Under Contract
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 11805

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1952
Building materials Brick
Roof type Asphalt
Listing Agency: eXp Realty
Listed By: Julie Bapst
Added: May 21 Changed: Oct 8 Last Checked: Oct 8 at 9:06PM
MLS# 12654608

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 for-sale multifamily property is located at 515 N Humphrey Avenue in Oak Park, Illinois 60302. The property is zoned MULTI and sits on a 0.09-acre lot.

Additional property details such as building size, unit count, and interior layout were not provided in the available information. For underwriting and tenancy planning, interested parties should confirm all income and configuration details directly with the seller or listing broker.

Key Highlights

  • Brick construction with asphalt roof
  • Natural gas heating
  • Garage parking

Property Analytics

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Current Use

Multifamily properties

Location Intelligence

Trade Area within ½ mile

1,746
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?
Multifamily property - For-sale multifamily property in Oak Park zoned MULTI on a 0.09-acre lot.
Where is this multifamily property located?
The property is located at Oak Park, IL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Brick construction with asphalt roof; Natural gas heating; Garage parking
More about this property
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