314-316 N Maple Avenue Oak Park, IL $ 1,490,000
314-316 N Maple Avenue
$ 1,490,000
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314-316 N Maple Avenue

Oak Park, IL, 60302
$ 1,490,000
Bedrooms7 Baths0.0 Sq 7,110

Monthly Estimate*

$ 9,408

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Multi-Family Home for sale in Oak Park, IL

for $1,490,000 with 7 bedrooms. This 7,110 square foot home was built in 1931 on a lot size of 0.11.

Excellent investment opportunity in Oak Park! This well-maintained 7-unit multifamily building offers a desirable mix of units, current rental income and 6 off-street parking spaces. The property features three 3-bed/1.5-bath units, three 2-bed/1-bath units and one 2-bed/1-bath garden unit. All units are currently tenant occupied, with five units leased on year-long terms and two units month-to-month, providing a combination of stable income and future flexibility. The sellers have completed numerous updates and improvements, including a brand-new roof, renovated garden unit, new common-area washer and dryer, new in-unit refrigerators, stoves and dishwashers in several units, rear tuckpointing, necessary plumbing repairs and a freshly painted deck. With a strong unit mix, established occupancy, off-street parking and numerous recent capital improvements, this property offers an excellent opportunity for an investor looking to add a multifamily asset to their portfolio in Oak Park.

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Multi-Family Active

Price

$ 1,490,000

Bedrooms

7

Property Type

Multi-Family

Taxes

$ 35,093

Style

Multi-Family

Lot Size

0.11

Year Built

1931

Town/City

Oak Park

County/Region

Cook

MLS | Web ID

12767844

Features
General
Sewer Public Sewer
Roof Rubber
Zoning MULTI
Construction Materials Brick Concrete
Year Built 1931
Stories Count 4
Township Oak Park
Tax Year 2025
Current Use Multi-Family
Gross Income 156780
County Cook
Net Operating Income 42000
Operating Expense 115000
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Possible Use Multi-Family
Status New
Directions Harlem Ave to Erie St to N Maple Ave
City Oak Park
Number Of Units Total 7
MLS Area Oak Park
Lot Size Square Feet 4700
Tax Annual Amount 35093.26
Electric Expense 2700
Fuel Expense 5900
Trash Expense 3800
Water Sewer Expense 8800
Ok to Lease 12 Months Month To Month
Additional Parcels Y/N N
Standard Status Active
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Interior
Basement Finished
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Exterior
Water Source Municipal Water
Building Area Total 7110
Lot Dimensions 47x100
Lot Size Acres 0.11
Frontage Type City Street
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* Excluded Features
List By
Redfin Corporation

Broker

terrie.whittaker@redfin.com;terriewhittaker@gmail.com

Email

Affordability Calculator

$12,332
Per Month
76%
24%
0%
Monthly Principal & Interest
$9,408
Monthly Property Taxes
$2,924
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/30/2026$1,490,000 Listed Price

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314-316 N Maple Avenue, Oak Park, IL, 60302 is a Multi-Family Home for sale at $1,490,000 with 7,110 sqft and a lot size of 0.11. 314-316 N Maple Avenue has 7 bedrooms, 0.0 baths, and was built in 1931. The property's zip code is 60302 which is in Oak Park, IL