Oak Park, IL Multifamily Properties for Sale

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21 properties

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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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Updated: Aug 2

Brick 4-Unit Apartment Building

17 Garfield Street, Oak Park, IL 60304

$900,000

Four occupied two‑bedroom, one‑bath units
1925 brick building with updated kitchens and baths
Detached 4‑car garage plus an additional exterior space
Full unfinished basement for storage
6.7% cap rate

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Multifamily Property for Sale

515 N Humphrey Avenue, 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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All-Brick Two-Flat with Central A/C

1110 South Oak Park Avenue, Oak Park, IL 60304

$599,000

2,450 sqft

Well-maintained all-brick two-flat with central A/C for both units, plus an unfinished basement and a fully fenced backyard patio.

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Victorian Triplex with Historic Character

227 N MARION Street, Oak Park, IL 60302

$710,000

Three separately metered apartments feature original details, updated bathrooms, and assigned laundry appliances.

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Vintage Brick Triplex with Garages

511 N TAYLOR Avenue, Oak Park, IL 60302

$495,000

Fully occupied three-unit building with in-unit laundry, basement storage, and multiple parking options.

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Luxury Apartments in Oak Park

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

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29,142 sqft

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

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Yellow Brick Duplex With Full Basement

1428 N Austin Boulevard, Oak Park, IL 60302

$425,000

Each residence offers a three-bedroom, one-bath layout, complemented by full basement space and garage parking.

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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 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

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

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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Renovated Two-Unit Duplex

515 N Humphrey Avenue, Oak Park, IL 60302

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Two fully occupied units offer in-unit washer/dryer, renovated interiors, and dedicated garage and exterior parking.

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Vintage Two-Flat Residential Income

535 S Lombard Ave, Oak Park, IL 60304

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Well-maintained vintage two-flat features two 2BR/1BA units, porches, and a partially finished, high-ceiling basement.

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Multifamily

427 Wisconsin Avenue, Oak Park, IL 60302

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Duplexes

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Victorian Two-Flat with Attic Expansion

524 N Lombard Avenue, Oak Park, IL 60302

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Victorian 2-flat with two three-bedroom units, eat-in kitchens, hardwood floors, and a walk-up attic for potential expansion.

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Eight-Unit Apartment Building

7 W. Division, Oak Park, IL 60302

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Eight residential units with renovated interiors, including updated kitchens and baths, plus an on-site parking lot.

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Renovated Six-Unit Apartment Building

1232 N Austin Blvd, Oak Park, IL 60302

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Six renovated two-bedroom units feature in-unit laundry, enclosed rear porches, and updated kitchens and bathrooms.

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Walk-Up Condo Deconversion Opportunity

430--436 W Harrison St, Oak Park, IL 60304

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Four-block condominium deconversion site featuring a 14-unit walk-up building in Oak Park, Illinois.

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Downtown Apartment Community

715 South Blvd, Oak Park, IL 60302

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Apartment community in downtown Oak Park, steps from shopping, restaurants, and services, about 20 minutes from downtown Chicago.

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Four-Story Apartment Building

722 N Austin Blvd, Oak Park, IL 60302

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Four-story, 19-unit walk-up apartment building with garage parking and updated building systems.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Oak Park, IL, we suggest to view alternatives - similar 51 Off-Market properties to explore as potential leads.

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

$550,000

Estimated value

4,200 sqft 0.20 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

1008 Austin Blvd, Oak Park, IL 60304

$1,105,000

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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Oak Park, IL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Oak Park, IL, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 31,592 square feet of properties for sale, with an estimated market value of $12,171,000.

Sale prices for multifamily properties in Oak Park, IL start at $240,000, averaging $1,106,454, and reaching up to $6,199,000 — 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	$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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