Oak Park, IL
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    Oak Park, IL Short Term Rental Properties for Sale

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    Forest Park, IL River Forest, IL Chicago, IL
    Oak Park Multifamily Investment Opportunity
    $1,200,000
    0.14 Acres
    Oak Park Multifamily Investment Opportunity

    214 Chicago Avenue, Oak Park, IL 60302

    Three income-producing structures in the heart of Oak Park.
    • Brick 3‑unit multifamily building (built 1927) with three 3‑bedroom, 1‑bath apartments
    • Full finished basement with shared laundry facilities and private tenant storage areas
    • Extensive renovations in 2020: new windows, separate HVAC systems for each unit, and roof reported in excellent condition
    • Updated 3‑bedroom, 2‑bath coach house with private in‑unit laundry and renovated bathrooms
    • Detached 3‑car brick garage for additional rental income potential or secure owner storage
    Updated: May 29
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Oak Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Renovated Multifamily Property in Berwyn
    $508,000
    Renovated Multifamily Property in Berwyn

    Fully renovated duplex with income potential in Berwyn, Illinois.

    2108 Highland Avenue, Berwyn, IL 60402

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    All-Electric 3-Unit Multifamily Property
    $875,000
    All-Electric 3-Unit Multifamily Property

    Three boutique apartments in an all-electric building, furnished and equipped for short-term or long-term rental use.

    1817 N Lawndale Avenue, Chicago, IL 60647

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    Multi-Unit Building Near Logan Square
    $785,000
    Multi-Unit Building Near Logan Square

    Meticulously maintained multi-unit building near public transportation and local dining.

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    Boutique Three-Unit Smart Apartments
    $875,000
    Boutique Three-Unit Smart Apartments

    Three renovated apartments in an all-electric, smart-controlled building, offered furnished and ready for short- or long-term use.

    1817 N Lawndale Avenue, Chicago, IL 60647

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    Oak Park, IL Short Term Rental Properties Market Trends and Statistics

    Explore 1 short term rental properties for sale in Oak Park, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,200,000.

    Sale prices for short term rental properties in Oak Park, IL start at $1,200,000, averaging $1,200,000, and reaching up to $1,200,000 — 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 9
    Duplexes 3
    Quadplexes 1
    Short term rental properties 1
    Small apartment buildings 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
    60302 $1.2M

    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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