314 Madison Street, Oak Park, Illinois 60302
$155,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | 1909 |
| Property Taxes: | $10,756 |
| Days On Market: | 3202 |
| Lot Size: | 0,00 |
Description
Money, money, money! Check out this brick 2 unit in Oak Park for only $169,000, excellent location! After Repair Value = $390,000! This Brick 2 unit mixed use property includes a large 1st floor commercial space. The 2nd floor includes a 3 bed 2 bath residential unit, 2900 square feet with a 2 car garage. You can turn this property into a cash flowing 3 unit building by making the 2nd floor 2 separate residential units each with 2 beds, 1 bath. Public records shows zoning is currently a 4 unit. Property needs a total gut rehab. Many options here, you can make it a 3 unit with finished storefront. Storefront can rent for $1,500 per month. 2nd floor you can have 2 apartments with 2 bed 1 bath, each can rent for up to $1,600 per month. Collect up to $3,700 per month and $44,400 per year! Could not find exact com-parables sold but there are 2 units in Oak Park that sold for $375,000 - $673,000. This could be a great cash flowing machine, there is also plenty of equity. Priced to sell!
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1909 | |
| None | |
| — | |
| No | |
| — |
| Cook | |
| — | |
| — / — | |
| — | |
| Lake Michigan | |
| Public Sewer | |
| 09814869 | |
| 16083180060000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 20 Mar, 2018 | Sold | $155,000 | MRED MLS |
| 26 Feb, 2018 | Under contract | $169,000 | MRED MLS |
| — | Last price change | $179,000 | MRED MLS |
| 8 Dec, 2017 | Listed for sale | $179,000 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: None
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| 25X112 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2018 | $10,756 |
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Listing Provided By
Keller Williams Premiere Properties
