617 S Lombard Avenue Oak Park, IL $ 1,499,000
617 S Lombard Avenue
$ 1,499,000
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617 S Lombard Avenue

Oak Park, IL, 60302
$ 1,499,000
Bedrooms13 Baths5.0 Sq 2,660

Monthly Estimate*

$ 9,352

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Multi-Family Home for sale in Oak Park, IL

for $1,499,000 with 13 bedrooms and 5 full baths. This home is 2,660 square feet.

Great investment opportunity! A completely rehabbed 4-unit property in Oak Park is ready for its new owner. The building is fully updated, move-in ready, and all units are currently rented, making this a high-return investment. Three of the units are equal-sized 3BD/1BA, while the fourth is a 4BD/2BA duplex down-perfect for an owner-occupant or as an additional rental. A 4-car garage plus an additional parking space adds even more value. Located in one of Chicagoland's most popular suburbs, Oak Park offers a vibrant architectural and cultural history, top-rated schools, and a lively downtown. The property is ideally situated with easy access to I-290, CTA Blue and Green Lines, Metra, and multiple bus routes-a central location with convenient access to downtown Chicago and all suburbs. Don't miss this turn-key, high-performing opportunity to own in Oak Park!

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Multi-Family Active

Price

$ 1,499,000

Bedrooms

13

Full Bath

5

Property Type

Multi-Family

Taxes

$ 20,454

Style

Town/City

Oak Park

County/Region

Cook

MLS | Web ID

12465062

Features
General
Sewer Public Sewer
Heating Radiator(s)
Possession Closing
Garage Spaces 4
Construction Materials Stucco
Township Oak Park
Tax Year 2023
Ownership Fee Simple
Gross Income 134400
County Cook
Net Operating Income 99910
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 31
Status Active
Directions INTERSECTION OF NORTH LOMBARD AVENUE AND AUGUSTA STREET
High School Oak Park & River Forest High Sch
City Oak Park
High School District 200
MLS Area Oak Park
Elementary School Longfellow Elementary School
Tax Annual Amount 20454
Fuel Expense 0
Middle/Junior High School Gwendolyn Brooks Middle School
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 97
Elementary School District 97
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Interior
Basement Partially Finished Storage Space Walk-Up Access Full
Total Bedrooms 13
Room Type Sun Room
Total Baths 5
Bedrooms Possible 13
Full Baths Building 5
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features On Site Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 4
Lot Dimensions 6250 SF
Waterfront Y/N N
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* Excluded Features
List By
Berkshire Hathaway Homeservices Chicago

Broker

huyanfei13@gmail.com

Email

Affordability Calculator

$11,056
Per Month
85%
15%
0%
Monthly Principal & Interest
$9,352
Monthly Property Taxes
$1,705
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565360 Elementary School
567542 Middle School
Oak Park & River Forest High Sch High School
Pricing History
DatePricePrice ChangeDescription
9/6/2025$1,499,000 Listed Price

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617 S Lombard Avenue, Oak Park, IL, 60302 is a Multi-Family Home for sale at $1,499,000 with 2,660 sqft. 617 S Lombard Avenue has 13 bedrooms and 5.0 baths. The property's zip code is 60302 which is in Oak Park, IL