309 Chicago Avenue Oak Park, IL ^$ 749,000

309 Chicago Avenue

^$ 749,000

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309 Chicago Avenue

Oak Park, IL, 60302

^$ 749,000

Bedrooms6 Baths3.0 Sq 3,430

Monthly Estimate*

^$ 4,612

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Multi-Family Home for sale in Oak Park, IL

for $749,000 with 6 bedrooms and 3 full baths. This 3,430 square foot home was built in 1910.

309 Chicago is a well-maintained two-unit property in Oak Park, originally owner-occupied and later converted into an upgraded multi-unit asset. The building features two spacious units: a 3-bed, 2-bath duplex-down (2,200+ SF) and a 3-bed, 1-bath simplex (1,100+ SF), both with sun-rooms for added space and natural light. Situated on an oversized 50' x 150' lot, the property includes a two-car garage plus two exterior parking spaces. It offers flexible exit strategies, including owner-occupancy with rental income, long-term hold as a multifamily investment, or future conversion back to a single-family home - all in a prime Oak Park location.

Multi-Family Active

Price

^$ 749,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 16,702

Style

Year Built

1910

Town/City

Oak Park

County/Region

Cook

MLS | Web ID

12583629

Features

General

Sewer Public Sewer

Heating Steam

Possession Closing

Roof Asphalt

Garage Spaces 2

Construction Materials Stucco

Year Built 1910

Township Oak Park

Tax Year 2024

Ownership Fee Simple

Gross Income 61800

County Cook

Net Operating Income 35898

Insurance Expense 2000

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 18

Status Active

Directions Ridgeland Ave to Chicago Ave east to address; property on the south side of street

High School Oak Park & River Forest High Sch

City Oak Park

High School District 200

MLS Area Oak Park

Elementary School Whittier Elementary School

Tax Annual Amount 16702.08

Electric Expense 2400

Fuel Expense 3000

Middle/Junior High School Percy Julian Middle School

Water Sewer Expense 1800

Virtual Tour https://my.matterport.com/show/?m=y5vFke4b1fw

Standard Status Active

Middle/Junior School District 97

Elementary School District 97

Interior

Basement Finished Full

Total Bedrooms 6

Room Type Enclosed Porch Recreation Room Sitting Room Utility Room-Lower Level

Total Baths 3

Bedrooms Possible 6

Full Baths Building 3

Half Baths Building 0

Total Number of Units 2

Exterior

Parking Features Yes Detached Garage

Water Source Lake Michigan

Total Parking 4

Lot Dimensions 50 x 150

Waterfront Y/N N

* Excluded Features

List By

Jameson Commercial

Broker

mcesario@jameson.com

Affordability Calculator

$6,004

Per Month

Monthly Principal & Interest: $4,612
Monthly Property Taxes: $1,392
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Multi-family listings in Oak Park, IL

Average List Price ^$1,462,481

Percent of Sale Price 95%

About Oak Park, IL

51,895 Population

-1% Since 2002

^$86,418 Median Income

40.94 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

567634 Elementary School

565272 Middle School

Oak Park & River Forest High Sch High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/10/2026	$749,000		Listed Price

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309 Chicago Avenue, Oak Park, IL, 60302 is a Multi-Family Home for sale at $749,000 with 3,430 sqft. 309 Chicago Avenue has 6 bedrooms, 3.0 baths, and was built in 1910. The property's zip code is 60302 which is in Oak Park, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 3/12/2026.

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309 Chicago Avenue

Multi-Family Home for sale in Oak Park, IL

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