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    Oak Park, IL Multifamily Properties for Sale

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    River Forest, IL Chicago, IL Forest Park, IL Berwyn, IL Cicero, IL Maywood, IL Melrose Park, IL River Grove, IL
    15 properties
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    7-Unit Multifamily Building
    Updated: Sep 30
    7-Unit Multifamily Building

    314-316 N Maple Avenue, Oak Park, IL 60302

    $1,490,000
    0.11 AC lot
    Seven apartments: three 3‑bedroom units and four 2‑bedroom units
    All units tenant occupied; five year‑long leases and two month‑to‑month
    Six off‑street parking spaces
    New rubber roof, renovated garden unit, tuckpointing, plumbing repairs, and painted deck
    Common‑area washer and dryer; new appliances in several units
    View details
    Brick Triplex with Coach House
    Updated: May 29
    Brick Triplex with Coach House

    214 Chicago Avenue, Oak Park, IL 60302

    $1,150,000
    0.14 AC lot
    Three 3‑bedroom, 1‑bath apartments in the main multifamily building
    Updated 3‑bedroom, 2‑bath coach house with private laundry
    Detached 3‑car brick garage plus open parking
    2020 renovations included new windows and separate HVAC systems
    Finished basement with shared washers, dryers, and private tenant storage
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    Stucco Triplex with Coach House
    Stucco Triplex with Coach House

    540 N Harvey Avenue, Oak Park, IL 60302

    $650,000

    Three units offer private kitchens, hardwood floors, period detailing, and access to a partially finished basement.

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    See hot listings in Oak Park

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Mixed-Use Building with Storefronts
    Mixed-Use Building with Storefronts

    6600-04 W Roosevelt Rd W, Oak Park, IL 60304

    $1,250,000
    8,277 sqft

    Three apartments occupy the second floor above three ground-level retail units, each with separately metered utilities.

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    Renovated Two-Flat with Large Lot
    Renovated Two-Flat with Large Lot

    625 N Oak Park Avenue, Oak Park, IL 60302

    $1,100,000

    Prairie-style duplex with updated kitchens, baths, mechanical systems, and finished lower-level space.

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    Multifamily Property for Sale
    Multifamily Property for Sale

    Oak Park, IL 60302

    $400,000
    0.09 AC lot

    For-sale multifamily property in Oak Park zoned MULTI on a 0.09-acre lot.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Quadplex with First-Floor Insurance Office
    Quadplex with First-Floor Insurance Office

    6533 North Ave, Oak Park, IL 60302

    Contact for pricing
    3,255 sqft

    Four apartments above an American Family Insurance agency, with a full basement and three-car on-site parking.

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    7-Unit Apartment Building
    7-Unit Apartment Building

    314-316 N Maple Avenue, Oak Park, IL 60302

    $1,490,000

    The occupied property combines a varied unit mix with off-street parking and recent building improvements.

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    Brick Multifamily Property
    Brick Multifamily Property

    Oak Park, IL 60304

    $675,000

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

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    Luxury Apartments in Oak Park
    Luxury Apartments in Oak Park

    6031-37 W. North Ave, Oak Park, IL 60302

    Contact for pricing
    29,142 sqft

    New construction 24-unit apartment portfolio in Oak Park, Illinois.

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    21-Unit Apartment Portfolio
    21-Unit Apartment Portfolio

    414 S Kenilworth Ave, Oak Park, IL 60302

    $4,400,000

    Four multifamily properties with partially renovated units and updated kitchens, baths, flooring, and fixtures.

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    Brick Triplex with Garage
    Brick Triplex with Garage

    Oak Park, IL 60304

    $550,000

    The two primary apartments each offer three bedrooms, one-and-a-half baths, and a family room.

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    Oak Park Multifamily Redevelopment Opportunity
    Oak Park Multifamily Redevelopment Opportunity

    316 N Austin Boulevard, Oak Park, IL 60302

    $702,000

    Residential zoned property in Oak Park with redevelopment potential.

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    Oak Park Two-Unit Home
    Oak Park Two-Unit Home

    1165 S Humphrey Avenue, Oak Park, IL 60304

    $351,000

    Two-unit home in Oak Park, ideal for investors or owner-occupants.

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    Spacious Condo in Historic District
    Spacious Condo in Historic District

    203 N KENILWORTH Avenue #2P, Oak Park, IL 60302

    $240,000

    Two-bedroom condo with stainless steel appliances and covered parking.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 15 Active listings in Oak Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    13-Unit Walkup Apartment Building
    13-Unit Walkup Apartment Building

    243 N. Mason, Chicago, IL 60644

    $1,600,000

    Apartment building with one-, two-, and three-bedroom layouts, individual furnaces, and separate water heaters.

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    Four-Unit Quadplex with Basements
    Four-Unit Quadplex with Basements

    128 N MENARD Avenue, Chicago, IL 60644

    $550,000

    Individual heating systems and tenant-paid utilities support straightforward multifamily operations.

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    Turnkey Six-Unit Apartment Building
    Turnkey Six-Unit Apartment Building

    5914 West Huron Street, Chicago, IL 60644

    $630,000

    Well-maintained six-unit building with 4 assigned parking spaces and on-site coin laundry, featuring major 2017–2018 renovations.

    View details
    Senior Housing Apartment Building
    Senior Housing Apartment Building

    525 North Austin Boulevard, Chicago, IL 60644

    Contact for pricing

    Six-story, 57-unit subsidized senior building with studio-heavy mix, elevator, and on-site laundry near I-290 and the CTA Green Line.

    View details

    Off-Market Properties in Oak Park, IL

    Consider similar Off-Market properties in Oak Park, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    312 Austin Blvd
    GARDEN APT, COURT APT (5+ UNITS)

    312 Austin Blvd, Oak Park, IL 60302-2791

    Estimated value:
    $550,000
    4,200 sqft 0.20 AC lot
    View details
    1008 Austin Blvd
    GARDEN APT, COURT APT (5+ UNITS)

    1008 Austin Blvd, Oak Park, IL 60304

    Estimated value:
    $1,105,000
    0.07 AC lot
    View details
    1010 Austin Blvd
    GARDEN APT, COURT APT (5+ UNITS)

    1010 Austin Blvd, Oak Park, IL 60304-2339

    Estimated value:
    $950,000
    0.07 AC lot
    View details
    916 Maple Ave, Unit 1
    APARTMENT HOUSE (UNDER 5 UNITS)

    916 Maple Ave, Oak Park, IL 60304-2552

    Unit 1
    Estimated value:
    $280,000
    2,064 sqft 0.13 AC lot
    View details
    185 Marion St
    APARTMENT HOUSE (UNDER 5 UNITS)

    185 Marion St, Oak Park, IL 60301-1513

    Estimated value:
    $650,000
    4,939 sqft 0.05 AC lot
    View details
    1117 Humphrey Ave, Unit 2
    APARTMENT HOUSE (UNDER 5 UNITS)

    1117 Humphrey Ave, Oak Park, IL 60304-2696

    Unit 2
    Estimated value:
    $425,000
    2,994 sqft 0.14 AC lot
    View details
    220 Austin Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)

    220 Austin Blvd, Oak Park, IL 60302-3325

    Estimated value:
    $550,000
    2,508 sqft 0.14 AC lot
    View details
    101 Kenilworth Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    101 Kenilworth Ave, Oak Park, IL 60301-1535

    Estimated value:
    $560,000
    2,603 sqft 0.06 AC lot
    View details
    917 Wenonah Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    917 Wenonah Ave, Oak Park, IL 60304-2557

    Estimated value:
    $550,000
    2,634 sqft 0.13 AC lot
    View details

    Oak Park, IL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Oak Park, IL, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 40,674 square feet of properties for sale, with an estimated market value of $14,448,000.

    Sale prices for multifamily properties in Oak Park, IL start at $240,000, averaging $1,111,384, and reaching up to $4,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 5
    Triplexes 3
    Duplexes 2
    Quadplexes 1
    Short term rental properties 1

    Demographics Overview

    Population 53K
    Population Growth (5Y) +12.5%
    Median Household Income $109,252
    College Educated 83.3%

    High-Yield Neighborhoods for Investment

    Identify Oak Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60304 $706.5K
    60302 $1.3M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Oak Park fall within the 5,000 to 10,000 square foot range.

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    Most Searched ZIP Codes in Oak Park, IL

    • 60302
    • 60304

    Featured Oak Park Real Estate Agencies

    Realmo connects you with licensed Oak Park CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Berg Properties
    127 N Marion Street Oak Park, IL 60301
    Phone: 17087638674
    www.bergproperties.com
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