1135 S Oak Park Ave

Oak Park, IL 60304

$959,000
Price
8
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

All-brick mid-Century 5-Unit multifamily building in prime Oak Park location. Discover an outstanding investment opportunity with this expansive 4,508 sq. ft., ideally situated on two lots. This well-maintained property features five spacious residential units and five dedicated on-site parking spaces; a rare and valuable amenity in the area. The unit mix is thoughtfully designed to attract a range of tenants: Two 1-bedroom, 1-bath units (~700 sq. ft. each) . Two 2-bedroom, 1-bath units (~975 sq....All-brick mid-Century 5-Unit multifamily building in prime Oak Park location. Discover an outstanding investment opportunity with this expansive 4,508 sq. ft., ideally situated on two lots. This well-maintained property features five spacious residential units and five dedicated on-site parking spaces; a rare and valuable amenity in the area. The unit mix is thoughtfully designed to attract a range of tenants: Two 1-bedroom, 1-bath units (~700 sq. ft. each) . Two 2-bedroom, 1-bath units (~975 sq. ft. each). One unique 2-bedroom, 2-bath duplex unit (~1,500 sq. ft.). Each residence offers timeless charm and functionality, with hardwood floors, wood cabinetry, ceramic tile bathrooms, and eat-in kitchens with dedicated dining spaces. Living and dining rooms are separate, providing a true sense of home. Additional features include a landlord-owned coin-operated laundry facility and solid rental income from long-term quality tenants. Oak Park is celebrated for its rich history, diverse population, and top-tier schools. Residents can also enjoy walking access to public transportation, parks, restaurants, music venues, retail shops, and more. With all units currently leased and substantial upside potential in rental income, this is a turn-key investment in a thriving rental market. Whether you're a seasoned investor or seeking a high-performing asset in an unbeatable location, this Oak Park gem is an exceptional opportunity.
  1. Listed by Maria Rodriguez • Re/Max In The Village

Property Details for 1135 South Oak Park Avenue

Area
Oak Park
Township
Oak Park
Zoning
MULTI
LISTING UPDATED: 05/18/2025 12:07 AM

Property Details for 1135 South Oak Park Avenue

StatusActive
MLS #12363122
Days on Market21
Taxes$17,644 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Exterior Entrance
Year Built1959
Lot Size0.14 AC / 6,260 SF
CountyCook County

Building Information for 1135 South Oak Park Avenue

Stories2Residences5Year Built1959Building Size-Lot Size0.14 AC / 6,260 SF

Property Information for 1135 South Oak Park Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Frontage Type: City Street
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • # Of Washers: 1
  • Heat/Ventilation: Hot Water
  • # Of Window/Ac: 5
  • # Of Refrigerators: 5
  • Washer/Dryer Lsd: No
  • Misc Inside: Laundry Room
  • # Of Dryers: 1
  • Num of Baths: 6.0
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Exterior Entrance
  • Lot Size Source: County Records
  • Lot Dimensions: 42.5 X 147.3
  • Stories: 2
  • Construction: Brick
  • Building Area Total: 4508
  • # Of Ranges: 5
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Multi-Family
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 1
  • Document Date: 2025-05-13T02:50:45
  • Photos Count: 6
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $348.00
  • Fuel Expense: $.00
  • Gross Income: $78,720.00
  • Gross Scheduled Income: $81,720.00
  • Insurance Expense: $3,000.00
  • Maintenance Expense: $100.00
  • Known Encumbrances: None Known
  • Expense Year: 2024
  • Total Annual Expense Source: Combination
  • Janitor Expense: 0
  • Total Monthly Income: 6810
  • Net Operating Income: $39,656.00
  • Operating Expense: $7,468.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $4,000.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 1135 South Oak Park Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1135 South Oak Park Avenue

Taxable ValueLand$4,795Additions$49,327Total$54,122
Tax Record2023$17,644 ($1,470 / month)
Home Facts
Baths5Total Finished SqFt4,508 SqFtAbove Grade Finished SqFt4,508 SqFtStories2Lot Size3,425 SqFtStyleMulti-Family Res (5+ Units)Year Built1959CountyCOOKAPN16-18-322-035

Schools near 1135 South Oak Park Avenue

This home is within Oak Park - River Forest School District 200.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 6
Rating
School
Distance
Abraham Lincoln Elementary School
PublicK to 5

Gwendolyn Brooks Middle School
Public6 to 8

Oak Park & River Forest High School
Public9 to 12

Lectura Montessori School
PrivatePK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1135 South Oak Park Avenue is a multi-family home for sale in Oak Park, IL 60304. This property was listed for sale on May 12, 2025 by Re/Max In The Village, it's currently listed at $959,000. This listing's school districts are Oak Park - River Forest School District 200, Oak Park Esd 97 School District. Nearby schools include Abraham Lincoln Elementary School, Gwendolyn Brooks Middle School and Oak Park & River Forest High School. 1135 South Oak Park Avenue is a 8-bed, 6-bath, multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max In The Village

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/18/2025 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

OSZAR »