Multi Family Homes for Sale in Oak Park IL

Browse multi family properties in Oak Park, Illinois below. Register to save your favorite listings and receive email notifications as similar properties become available. Contact Chris with any questions or to schedule a showing.

512 South Ridgeland Avenue Oak Park IL 60304

MLS Number 10342455

  • Multi-Family Two to Four Units
  • Bedrooms 5
  • Year Built 1917
  • Acreage 0.09

Beautiful Craftsman 2 Flat! Looking for a great owner's unit with a big, open kitchen and in-unit laundry? Presto, this is it! Gorgeous living rooms have built-in bookcases, decorative fireplaces, and art glass windows with room for 2 seating areas + a front sun room. 3 bedrooms on 2nd floor and 2 bedrooms with office/small bedroom/laundry on 1st floor. Bonus rooms with french doors off dining room. These units live large! Free laundry in huge basement for second floor (Great opportunity exists here for more finished space) , ample storage, brand new hot water heaters, separate boilers and newer electrical panels. Property has historic preservation easement on facade & is located in The Gunderson Historic District. Fenced back yard, patio, parking for 3 cars. Great location between Green and Blue line El, close to shopping, parks, schools, and the Harrison Street Arts district galleries and restaurants. This one makes sense!

Listed by Beyond Properties Realty Group

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Federal 30-year interest rate: 4.07% last updated on May 16, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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247 Clinton Avenue Oak Park IL 60302

Price$550,000

Est. Mortgage: $/month

MLS Number 10380936

  • Multi-Family Two to Four Units
  • Bedrooms 6
  • Year Built 1909

One of the best walkable locations in Oak Park! Close to the train, middle school, high school, farmer's market, stores, restaurants, library, park & more. Fabulous 2 flat! 2nd floor owner's unit is a 3 bedroom, 1 bath unit with eat-in granite & stainless steel kitchen. It has an updated bathroom, in-unit laundry & a wonderful front porch. Looking for more space? This top floor unit can be duplexed into the big unfinished attic. The 1st floor unit has historically been the rented unit with 3 bedrooms, 1 full & 1 half bath. 2 parking spaces directly across the street are leased and included in the rent. Both units have high ceilings, hardwood floors, front porches, in-unit laundry & wood burning fireplaces. The basement is the full footprint of the home, has more laundry connections, private & open storage. Good ceiling height. New in 2016: full tear off roof, new gutters and a new hot water heater! Large fenced in back yard. Parking onsite for 2 cars. EZ commute downtown. Lots to love!

Listed by Baird & Warner, Inc.

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$/month over payments
Federal 30-year interest rate: 4.07% last updated on May 16, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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420 Wesley Avenue Oak Park IL 60302

Price$400,000

Est. Mortgage: $/month

MLS Number 10381238

  • Multi-Family Two to Four Units
  • Bedrooms 6
  • Year Built 1917
  • Acreage 0.24
  • Garage 3

Are You Interested in the Best Value in Oak Park? Only catch-you gotta be ready to do a few minor cosmetic repairs. Brick 2 Flat 6 Beds and 2 Baths (3/1 each) Great Potential in this home. One of the lowest priced homes in the area. Consider possibility of converting to single family home. Near favorite shopping. OP schools! Jewel, CTA train/bus & parks all within 0.5 miles! Conventional loan is allowed, but Cash Sale preferred. Property being sold "AS-IS" Seller may or may NOT clean out property prior to settlement. Seller requests that Buyer use Seller's Title Company. Motivated Seller. Buyer pays all transfer tax.

Listed by Foster & Williams Real Estate

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$/month over payments
Federal 30-year interest rate: 4.07% last updated on May 16, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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600 Highland Avenue Oak Park IL 60304

Price$335,000

Est. Mortgage: $/month

MLS Number 10377121

  • Multi-Family Two to Four Units
  • Bedrooms 5
  • Year Built 1910
  • Acreage 0.08
  • Garage 2

Charming two flat ready for new owners. 1st floor has 3 bedrooms, 1 bath, great details in the living and dining rooms, larger kitchen. Large, legal ground level (basement) apartment with one, potentially two larger bedrooms. Duplex to the basement, add a second story, or use one apartment to help with mortgage payments. Property is in good condition, but is being sold "as is."

Listed by Coldwell Banker Residential Brokerage

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$/month over payments
Federal 30-year interest rate: 4.07% last updated on May 16, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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433 Wisconsin Avenue Oak Park IL 60302

Price$625,000

Est. Mortgage: $/month

MLS Number 10377554

  • Multi-Family Two to Four Units
  • Bedrooms 5
  • Year Built 1894
  • Acreage 0.19
  • Garage 2

Immaculate building with good rental income includes a large, airy 3 bedroom 1 bath apartment on the first floor, a one bedroom, beautifully updated apartment with in-unit laundry, and an updated studio apartment both on the second floor. Large lot, with a 2 car garage and 3 parking spaces. Attic is finished, and could be annexed to either of the second floor units. All units have central air. First and second floor each have their own furnaces. New mechanicals and windows in 2009. Potential to deconvert to a large house, or to duplex 2nd floor units to attic, or to change garage to a coachhouse. Don't miss this one!

Listed by Stephanie Eiger of Coldwell Banker Residential Brokerage

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$/month over payments
Federal 30-year interest rate: 4.07% last updated on May 16, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1022 South Humphrey Avenue Oak Park IL 60304

MLS Number 10376763

  • Multi-Family Two to Four Units
  • Bedrooms 5
  • Year Built 1893
  • Acreage 0.07
  • Garage 2

This could be the one you've been waiting to hit the market. Remodeled two-unit property with several updates, included individual forced-air furnaces, central air condensers, hot water tanks and electrical panels for each apartment. New and refinished flooring, light fixtures, updated bathrooms, kitchens and electrical wiring throughout. 1st floor unit duplex down with family room and half bathroom. Previously rented at below market rates. This could be ideal for owner occupancy or one to add onto your investment portfolio. Schedule your exclusive tour today and come see it for yourself.

Listed by Baird & Warner, Inc.

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$/month over payments
Federal 30-year interest rate: 4.07% last updated on May 16, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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233 North Taylor Avenue Oak Park IL 60302

Price$463,000

Est. Mortgage: $/month

MLS Number 10352139

  • Multi-Family Two to Four Units
  • Bedrooms 5
  • Year Built 1907
  • Acreage 0.19
  • Garage 2

Oversized two flat on a 50' lot with garage parking, and vintage details. 1st floor has 2 bedrooms, front and back enclosed porches, large living and dining rooms, stained glass and woodwork. 2nd floor has 3 bedrooms, enclosed back porch. Large rooms, and ability to duplex down and up. Great potential! Electrical has been updated throughout the building, boiler has been well maintained, and is surprisingly efficient.

Listed by Coldwell Banker Residential Brokerage

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$/month over payments
Federal 30-year interest rate: 4.07% last updated on May 16, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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511 North Taylor Avenue Oak Park IL 60302

Price$384,900

Est. Mortgage: $/month

MLS Number 10371877

  • Multi-Family Two to Four Units
  • Bedrooms 5
  • Year Built 1924
  • Garage 2

Brick 3 flat in Oak Park! What a great opportunity to own a multi-family home in Oak Park. Well maintained building- Convenient central location, right off of Chicago Avenue. 2 One bedroom units and 1 Three bedroom unit. 2 parking spaces and a 2 car garage. Coin laundry in basement . Northside of building tuckpointed, New front and rear doors, boiler maintained yearly, New hot water tank(2016) Taxes have been successfully appealed--see agents notes.

Listed by Gagliardo Realty Associates LLC

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$/month over payments
Federal 30-year interest rate: 4.07% last updated on May 16, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1119 Paulina Street Oak Park IL 60302

Price$439,750

Est. Mortgage: $/month

MLS Number 10370019

  • Multi-Family Two to Four Units
  • Bedrooms 4
  • Year Built 1953
  • Garage 2

Amazing turnkey investment in PRIME Oak Park location! Spacious and cute 2BR apartments. Completely remodeled in 2004. This building has been very well maintained with the following updates: Both units with newer eat-in kitchens-second-floor kitchen re-done in 2015 with New SS appliances, quartz countertops, and glass tile backsplash. Both units with updated bathrooms featuring new ceramic tile floor/walls, tub, and vanity. Oak flooring thru out. Separate heat/air with 2 new furnaces in 2013 & new central air units-2009! New windows and siding -2016 and new concrete steps and railing-2017, with new back fence. 2 car garage & outside space accessed by SHARED driveway. The large basement can be accessed from 1st floor apt for easy duplex possibilities. Fantastic location-just steps from trains, schools, parks, shopping, restaurants. This will make a great home or a great investment. Highly desirable area - Current rents are much below market rate and include one garage parking space.

Listed by Baird & Warner, Inc.

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$
%
$/month over payments
Federal 30-year interest rate: 4.07% last updated on May 16, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1101 South Oak Park Avenue Oak Park IL 60304

MLS Number 10368745

  • Multi-Family Two to Four Units
  • Bedrooms 9
  • Garage 4

Ideally located blocks from the cta blue line, schools, and southtown shopping district- this 3 flat is a money maker! The building is in excellent condition and finding tenants is a breeze. Each unit is a large 3 bed/1 bath. Rents range from $1550 to $2k. Great opportunity for an owner occupant or an arm-chair investor.

Listed by Ideal Location Oak Park RE

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$/month over payments
Federal 30-year interest rate: 4.07% last updated on May 16, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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22 South Austin Boulevard Oak Park IL 60304

MLS Number 10367234

  • Multi-Family Two to Four Units
  • Bedrooms 4
  • Year Built 1914
  • Acreage 0.08

Listed by Kale Realty

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$/month over payments
Federal 30-year interest rate: 4.07% last updated on May 16, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1111 Erie Street Oak Park IL 60302

Price$439,000

Est. Mortgage: $/month

MLS Number 10363108

  • Multi-Family Two to Four Units
  • Bedrooms 7
  • Year Built 1911
  • Acreage 0.21
  • Garage 3

Rare opportunity to own an HUGE 2 flat on a deep, double lot with a double garage (4 car parking) only 2 blocks from vibrant downtown Oak Park! Units are 3/4 bedroom, 1400+ square feet each. There is work to be done here, but this is priced accordingly. Great for an investor or owner occupant who is willing to make updates and benefit from excellent rental income. Units are large, and live like a house. Excellent possibility to duplex down into the basement for even bigger living space! This yard has amazing potential, and so close to everything! Zoning is R-7 Multi-Family. Building is historic and a contributing structure. An addition adding units is possible pending approval by Historic Preservation.

Listed by Cynthia Gajewski of Beyond Properties Realty Group

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$
%
$/month over payments
Federal 30-year interest rate: 4.07% last updated on May 16, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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Based on information submitted to MRED as of May 21, 2019 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.  MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.