17 Garfield ST, Oak Park, IL 60304
17 Garfield ST, Oak Park, IL 60304
17 Garfield ST, Oak Park, IL 60304
17 Garfield ST, Oak Park, IL 60304
17 Garfield ST, Oak Park, IL 60304
17 Garfield ST, Oak Park, IL 60304
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Serene Realty, Inc

Serene Realty, Inc

+1(312) 650-7940
$ 900,000
Est. payment | /mo

8 Beds

4 Baths

Save
$ 900,000
Est. payment | /mo
Save

8 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12662198

Style Traditional

Bedrooms 8

Maintenance Fees $1,200

Year Built 1925

Annual Tax Amount $16,658

Tax Year 2025

Lot Dimensions 50X125

Property Sub-Type Two to Four Units

Property Description

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.

Location

State IL

County Cook

Area Oak Park

Zoning MULTI

Body of Water 4 Unit

Rooms

Basement Unfinished, Full

Interior

Heating Radiant

Equipment Ceiling Fan(s)

Fireplace N

Exterior

Exterior Feature Lighting

Garage Spaces 4.0

Roof Type Rubber

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 97 , 97, 200

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Vanessa Carlson of  Illinois Discount Realty 
Serene Realty, Inc

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 650-7940

info@serenerealtyinc.com

2600 S. Michigan Avenue, Suite 102, Chicago, IL, 60616, United States

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17 Garfield ST