17 Garfield Street Oak Park, IL $ 900,000
17 Garfield Street
$ 900,000
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17 Garfield Street

Oak Park, IL, 60304
$ 900,000
Bedrooms8 Baths4.0 Sq 5,000

Monthly Estimate*

$ 5,683

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Multi-Family Home for sale in Oak Park, IL

for $900,000 with 8 bedrooms and 4 full baths. This 5,000 square foot home was built in 1925.

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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Multi-Family Active

Price

$ 900,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 16,658

Style

Traditional

Year Built

1925

Town/City

Oak Park

County/Region

Cook

MLS | Web ID

12662198

Features
Exterior
Model 4 Unit
Exterior Amenities Lighting
Parking Features Garage Door Opener Yes Garage Owned Detached Side Apron Owned Garage
Water Source Lake Michigan
Total Parking 5
Foundation Details Concrete Perimeter
Lot Dimensions 50X125
Waterfront Y/N N
Other Equipment Ceiling Fan(s)
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General
Sewer Public Sewer
Heating Radiant
Possession Closing
Roof Rubber
Zoning MULTI
Garage Spaces 4
Architectural Style Traditional
Construction Materials Brick
Year Built 1925
Township Oak Park
Tax Year 2025
Ownership Fee Simple
County Cook
Net Operating Income 90120
Insurance Expense 2800
New Construction N
Property Type Residential Income Two to Four Units
MaintenanceExpense 1200
Total Rooms 20
Status New
Directions Austin Blvd to Garfield west to building
City Oak Park
High School District 200
MLS Area Oak Park
Tax Annual Amount 16658.83
Electric Expense 360
Fuel Expense 4140
Trash Expense 3300
Water Sewer Expense 3300
Virtual Tour https://my.matterport.com/show/?m=89sjyfbxj8P&mls=1
Standard Status Active
Middle/Junior School District 97
Elementary School District 97
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Interior
Basement Unfinished Full
Total Bedrooms 8
Total Baths 4
Bedrooms Possible 8
Bathroom Soaking Tub
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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* Excluded Features
List By
Illinois Discount Realty

Broker

IREALTYMLS@aol.com; ILLINOISDISCOUNTREALTY@gmail.COM

Email

Affordability Calculator

$7,071
Per Month
80%
20%
0%
Monthly Principal & Interest
$5,683
Monthly Property Taxes
$1,388
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
567498 Elementary School
567734 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/26/2026$900,000 Listed Price

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17 Garfield Street, Oak Park, IL, 60304 is a Multi-Family Home for sale at $900,000 with 5,000 sqft. 17 Garfield Street has 8 bedrooms, 4.0 baths, and was built in 1925. The property's zip code is 60304 which is in Oak Park, IL