314-316 N Maple Avenue
Property Description
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.
Broker Details
Redfin Corporation (773) 308-4896
MLS ID: 103362 State License Number: 471017483
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,490,000 |
| No. of Units: | 7 |
| Year Built: | 1931 |
| Opportunity Zone: | No |
| Price per unit: | $212,857 |
| Property Website | Click Here |
| Number of Bedrooms: | 17 |
| Number of Bathrooms: | 7 |
ID: 3yd-MREDIL-12767844
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