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10 Properties Within 0.5 miles of: 214 Chicago, Oak Park
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214 Chicago
Oak Park, IL 60302

  • 11 Beds
  • Built In 1927
Price

$1,200,000

Est Payment
$7,029 / month (details)  
Taxes
$11,307  
Beds
11  
Rooms
24  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
150 x 33  
Built
1927  
Neighborhood
Oak Park  
MLS
#12646372
Status
Active (5 days)

Property Description

Rare investment opportunity in the heart of Oak Park featuring three separate income-producing structures on one property. This unique offering includes a classic brick 3-unit multifamily building, a beautifully updated 3-bedroom 2-bath coach house, and a detached 3-car brick garage-creating multiple income streams and exceptional flexibility for investors or owner-occupants alike. The main building consists of three spacious 3-bedroom, 1-bath apartments, plus a full finished basement with shared laundry facilities and private tenant storage areas. Built with solid brick construction, this classic Chicago-style multifamily property offers the durability, character, and long-term investment appeal buyers seek. Tenants pay their own gas and electric utilities, helping maximize owner efficiency and cash flow. Extensively renovated in 2020, major improvements include new windows, separate HVAC systems for each unit, and a roof in excellent condition. The finished basement is equipped with washers, dryers, and dedicated storage rooms for tenant convenience. The coach house provides tremendous versatility as either a premium long-term rental, owner-occupied residence, or short-term rental opportunity. Recently updated, it features newer flooring, renovated bathrooms, three bedrooms, two full baths, and private in-unit laundry. Its independent layout and modern finishes make it highly desirable for a variety of rental strategies. Adding even more value is the detached 3-car brick garage, offering additional rental income potential or secure owner storage. Ideally located within walking distance of the CTA Green Line, Metra, downtown Oak Park shopping, restaurants, and entertainment, this property combines strong current income with significant long-term appreciation potential in one of the Chicago area's most sought-after communities. Opportunities like this are rare-schedule your private showing today.

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Lake Michigan, Public
  • Sewer Public Sewer

Additional Information

Parking
3.5 Garage Spaces, Garage Door Opener, Yes, Garage Owned, Detached, Garage
Schools
Oak Park & River Forest High Sch (200), Oak Park & River Forest High Sch (200), Oak Park & River Forest High Sch (200)

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

05-29-2026 Listed at $1,200,000
Last Modified 5/31/26 10:42 AM

Nearby Transportation

  • Bus 86 0.2 mi
  • Bus 91 0.3 mi
  • Bus 66 0.3 mi
  • Bus 70 0.6 mi
  • Bus 85 0.8 mi
  • Bus 72 1.0 mi
  • Bus 20 1.1 mi
  • Union Pacific West 1.2 mi
  • Green Line 0.6 mi
  • I 290 West 1.7 mi
  • I 290 East 1.7 mi
  • I 90 East 4.7 mi
  • I 94 East 4.7 mi
  • I 90 West 4.8 mi
  • I 94 West 4.8 mi
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