Oak Park, IL Multifamily Properties for Sale

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Forest Park, IL River Forest, IL Chicago, IL

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Updated: Jul 7

Victorian Two-Unit Multifamily

524 N Lombard Avenue, Oak Park, IL 60302

$549,900

0.13 AC lot

1902 Victorian 2‑flat with stucco exterior, asphalt roof, and natural gas heating
Each unit has 3 bedrooms and 1 bath with eat‑in kitchens, high ceilings, hardwood floors, and original moldings
Full walk‑up attic offers potential for future expansion (including possible duplexing of the second‑floor unit)
Basement adds flexibility with potential to duplex down the first‑floor unit for additional living arrangements
Public utilities: public water and public sewer

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Updated: Jun 25

Brick 4-Unit Multifamily Property

17 Garfield Street, Oak Park, IL 60304

$900,000

1925 brick 4‑unit building with full occupancy—all four units currently occupied
Four 2 bed/1 bath units with updated kitchens and baths
Each unit includes appliances: stove, refrigerator, dishwasher, plus pantry
Large 50x125 lot with rear porch and fully enclosed wooden privacy fence
Unfinished basement for storage, with potential for expanded laundry or future improvements

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Oak Park Multifamily Investment Opportunity

214 Chicago Avenue, Oak Park, IL 60302

$1,200,000

0.14 AC lot

Three income-producing structures in the heart of Oak Park.

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Oak Park Multi-Family Property

715 N Taylor Avenue N, Oak Park, IL 60302

$599,000

0.14 AC lot

Two-flat with garage, extra parking, and multiple entrances.

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Oak Park Multi-Family Investment

511 N TAYLOR Avenue, Oak Park, IL 60302

$495,000

Classic three-flat in prime Oak Park location.

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Corner Mixed-Use Income Building

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

$1,250,000

0.19 AC lot

Renovated mixed-use property with retail and apartments plus on-site parking and a 2-car garage.

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Multifamily Apartment Building

6031-37 West North Avenue, Oak Park, IL 60302

$7,700,000

For sale apartment building opportunity in Oak Park, Illinois, offering residential income property ownership.

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Multifamily

427 Wisconsin Avenue, Oak Park, IL 60302

$549,900

Duplexes

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Oak Park Condominium Building

950 Washington Boulevard, Oak Park, IL 60302

$6,199,000

28-unit condominium building in Oak Park, Illinois for sale.

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Oak Park Apartments For Sale

210-220 N Kenilworth Ave, Oak Park, IL 60302

$6,400,000

26,928 sqft

30-unit apartment building in the Frank Lloyd Wright Historical District.

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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 Mixed-Use Building

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

$1,250,000

8,277 sqft

Income-generating mixed-use building in Oak Park with renovated units.

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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 80 Potential Opportunities for your consideration. Besides 13 Active listings in Oak Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Corner-Lot Two-Flat Duplex

244 Des Plaines Avenue, Forest Park, IL 60130

$639,000

0.14 AC lot

Well-maintained duplex with updated mechanicals, newer windows, separate utilities, and ample parking plus a fully fenced backyard.

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Victorian Multi-Family in Forest Park

7415 Dixon Street, Forest Park, IL 60130

$590,000

3,014 sqft

Two-unit property on an oversized lot near downtown Forest Park.

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Chicago Investment Property For Sale

5941 W Chicago Avenue, Chicago, IL 60651

$449,000

0.11 AC lot

Newly remodeled apartments and businesses generating over $4k monthly.

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Multi-Family Residential Property

33 S Mayfield Avenue, Chicago, IL 60644

$249,900

Multi-unit building near Columbus Park, offering flexibility for owner-occupancy or rental income from multiple units.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing

3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing

0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing

0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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Recreational Land Bordering National Forest

V/L E Kissing Oaks Trail, Custer, MI 49405

$39,900

0.96 AC lot

RV recreational lot bordering Manistee National Forest.

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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.

GARDEN APT, COURT APT (5+ UNITS)

312 Austin Blvd, Oak Park, IL 60302-2791

Value Estimation by Request

4,200 sqft · 0.20 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

1008 Austin Blvd, Oak Park, IL 60304

$1,025,000

Estimated value

0.07 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

1010 Austin Blvd, Oak Park, IL 60304-2339

$950,000

Estimated value

0.07 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

916 Maple Ave, Oak Park, IL 60304-2552

Unit 1

Value Estimation by Request

2,064 sqft · 0.13 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

185 Marion St, Oak Park, IL 60301-1513

$650,000

Estimated value

4,939 sqft · 0.05 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1117 Humphrey Ave, Oak Park, IL 60304-2696

Unit 2

Value Estimation by Request

2,994 sqft · 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

220 Austin Blvd, Oak Park, IL 60302-3325

$550,000

Estimated value

2,508 sqft · 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

101 Kenilworth Ave, Oak Park, IL 60301-1535

$560,000

Estimated value

2,603 sqft · 0.06 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

917 Wenonah Ave, Oak Park, IL 60304-2557

$550,000

Estimated value

2,634 sqft · 0.13 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

536 Taylor Ave, Oak Park, IL 60302-2422

Value Estimation by Request

2,008 sqft · 0.20 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1016 Maple Ave, Oak Park, IL 60304-2553

Unit 1

Value Estimation by Request

1,828 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 13 active listings on our real estate platform. These investment opportunities span a total of 67,341 square feet of properties for sale, with an estimated market value of $16,999,000.

Sale prices for multifamily properties in Oak Park, IL start at $749,000, averaging $4,249,750, and reaching up to $8,600,000 — 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

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	$1.1M
60302	$2.9M

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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Reach out if you need assistance with Realmo tools or have questions about your listings

Oak Park, IL Multifamily Properties for Sale

524 N Lombard Avenue, Oak Park, IL 60302

17 Garfield Street, Oak Park, IL 60304

214 Chicago Avenue, Oak Park, IL 60302

715 N Taylor Avenue N, Oak Park, IL 60302

511 N TAYLOR Avenue, Oak Park, IL 60302

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

6031-37 West North Avenue, Oak Park, IL 60302

427 Wisconsin Avenue, Oak Park, IL 60302

950 Washington Boulevard, Oak Park, IL 60302

210-220 N Kenilworth Ave, Oak Park, IL 60302

316 N Austin Boulevard, Oak Park, IL 60302

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

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

Opportunities in Nearby Cities

244 Des Plaines Avenue, Forest Park, IL 60130

7415 Dixon Street, Forest Park, IL 60130

5941 W Chicago Avenue, Chicago, IL 60651

33 S Mayfield Avenue, Chicago, IL 60644

Potential Development Sites for Consideration

976 Mesa Court, University Park, IL 60484

27 Oyster Bay, Lakemoor, IL 60051

4418 Oakland Court, Wheatfield, IN 46392

V/L E Kissing Oaks Trail, Custer, MI 49405

Off-Market Properties in Oak Park, IL

312 Austin Blvd, Oak Park, IL 60302-2791

1008 Austin Blvd, Oak Park, IL 60304

1010 Austin Blvd, Oak Park, IL 60304-2339

916 Maple Ave, Oak Park, IL 60304-2552

185 Marion St, Oak Park, IL 60301-1513

1117 Humphrey Ave, Oak Park, IL 60304-2696

220 Austin Blvd, Oak Park, IL 60302-3325

101 Kenilworth Ave, Oak Park, IL 60301-1535

917 Wenonah Ave, Oak Park, IL 60304-2557

536 Taylor Ave, Oak Park, IL 60302-2422

1016 Maple Ave, Oak Park, IL 60304-2553

Oak Park, IL Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Property Size Breakdown

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