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17 Garfield Street Oak Park, IL 60304

$900,000
Active / MLS# 12662198 / Multi Unit - Multiple / Oak Park
8 Beds
4 Baths

Exceptional opportunity to acquire a solid brick vintage 4-unit full occupancy in highly desirable Oak Park, a transit oriented submarket known for stable tenancy and longterm appreciation. Located just off 290, this classic 1925 building sits on an oversized 50x125 lot and features four spacious 2 bed/1bath units with timeless character-original hardwood floors, tall ceilings, vintage trim, ceiling fans, and abundant natural light throughout. Each unit includes a full appliance package with stove, refrigerator, dishwasher and pantry, supporting strong tenant demand and easy leasing. Updated kitchens and baths. All units occupied, offering stable income. A full unfinished basement provides excellent storage capacity and potential for expanded laundry or future value added improvements. The property also includes a rare 4 car detached garage plus an additional exterior space, creating additional income and enhancing overall return. Outdoor amenities include a rear porch perfect for tenant seating and a fully enclosed wooden privacy fence, increasing tenant appeal and longterm retention. Tenants pay electric and gas, reducing operating exposure and supporting stronger net performance. With a 6.7% CAP rate built on strong annual rental income and minimized operating expenses, this asset delivers the fundamentals investors seek. Stable cash flow, low vacancy risk, and multiple avenues for value creation in one of Oak Park's most desirable rental corridors. Property being sold as-is.

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Baird & Warner Violeta Pacheco Agent Cell: 630.286.0792 Email

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Estimated Payment

$ 3,650.67 per month $2,000.00 Principal & Interest $1,388.17 Property Tax $262.50 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Full
Garage: 4
Heating: Radiant
Home Style: Traditional
Lot Size: 0.14 Acres
Roof Type: Rubber
Taxes: $16,658
Year Built: 1925

Feature Descriptions

Bath Features: Soaking Tub
Exterior: Brick
Lot Dimensions: 50X125
Other Equipment: Ceiling Fan(s)
Parcel#: 16173150020000
Parking: Garage Door Opener, Yes, Garage Owned, Detached, Side Apron, Owned, Garage
Sewer: Public Sewer
Total Rooms: 20
Township: Oak Park
Water: Lake Michigan

Schools

School District: District 200

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Illinois Discount Realty

Listing Office Phone: 800-403-8716



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