About 314-316 N Maple Avenue
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.
Features of 314-316 N Maple Avenue
| MLS® # | 12767844 |
|---|---|
| Price | $1,490,000 |
| Bathrooms | 0.00 |
| Acres | 0.11 |
| Year Built | 1931 |
| Type | Commercial Sale |
| Sub-Type | Multi Family 5+ |
| Status | Active |
Community Information
| Address | 314-316 N Maple Avenue |
|---|---|
| Area | Oak Park |
| City | Oak Park |
| County | Cook |
| State | IL |
| Zip Code | 60302 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | Yes |
| Basement | Finished |
Exterior
| Exterior | Brick, Concrete |
|---|---|
| Roof | Rubber |
Additional Information
| Days on Market | 15 |
|---|---|
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Redfin Corporation |
|---|