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17 Garfield Street

Oak Park, IL 60304
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Bed 8

Bed

Bath 4

Bath

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. Th e 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $900,000

AD Id : 88988249

MLS Id : MRD12722022

Beds : 8

Year Built : 1925

Garage : 4

County : Cook

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 8

    Bathroom Information

    Total Baths: 4

    Room Information

    Rooms Total: 20

    Interior Features

    Roof: Rubber

    Roofing Information

    Rubber
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Radiant WaterSource: Lake Michigan

  • Building Information

    Year Built: 1925
  • Exterior Features

    Lighting Construction Materials: Brick Foundation Details: Concrete Perimeter

  • Lot Information

    Lot Dimensions: 50X125 Lot Size: Less Than .25 Acre

    Property Information

    Property Type: Residential Income Style: Traditional Sub Type: Two to Four Units

  • Listing Price Information

    Original List Price:$900000

  • Tax Information

    Annual Tax: $16658.83 Tax Year: 2025 Parcel Number: 16173150020000

  • Parking Information

    Total Parking: 5 Garage Door Opener, Yes, Garage Owned, Detached, Side Apron, Owned, Garage Is Parking Included in Price: Yes

    Garage Information

    Garage Space: 4

  • Utility Information

    Sewer: Public Sewer Water Source: Lake Michigan
  • Location Information

    City: Oak Park Direction: Austin Blvd to Garfield west to building
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
638 S Scoville Avenue, Oak Park, IL, 60304 $445,000 3 1 1,398 1,398 SqFt
735 Gunderson Avenue, Oak Park, IL, 60304 $499,000 3 2 1,700 1,700 SqFt
727 S Maple Avenue #102, Oak Park, IL, 60304 $140,000 1 1 600 600 SqFt
824 S Taylor Avenue, Oak Park, IL, 60304 $499,000 4 2 --
1112 S Taylor Avenue, Oak Park, IL, 60304 $299,900 4 2 978 978 SqFt
545 S Harvey Avenue, Oak Park, IL, 60304 $575,000 3 2 1,314 1,314 SqFt
1112 S Maple Avenue, Oak Park, IL, 60304 $575,000 3 2 1,378 1,378 SqFt
617 Clarence Avenue, Oak Park, IL, 60304 $595,000 5 2 3,500 3,500 SqFt
1162 S Ridgeland Avenue, Oak Park, IL, 60304 $450,000 3 2 1,809 1,809 SqFt
629 Carpenter Avenue, Oak Park, IL, 60304 $585,000 4 2 2,290 2,290 SqFt
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ByOwner last updated this listing 08/12/2026 @ 06:20

MLS: MRED #12722022 LISTED BY: Vanessa Carlson, Illinois Discount Realty 800-403-8716 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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