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214 Chicago Avenue

Oak Park, IL 60302
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Bed 11

Bed

Bath 6

Bath

Acres0.14

Acre(Lot)

Rare investment opportunity in the heart of Oak Park featuring three separate income-producing structures on one property. This unique offering includes a classic brick 3-unit multifamily building, a beautifully updated 3-bedroom 2-bath coach house, and a detached 3-car brick garage-creating multiple income streams and exceptional flexibility for investors or owner-occupants alike. The main building consists of three spacious 3-bedroom, 1-bath apartments, plus a full finished basement with shared laundry facilities and private tenant storage areas. Built with solid brick construction, this classic Chicago-style multifamily property offers the durability, character, and long-term investment appeal buyers seek. Tenants pay their own gas and electric utilities, helping maximize owner effic iency and cash flow. Extensively renovated in 2020, major improvements include new windows, separate HVAC systems for each unit, and a roof in excellent condition. The finished basement is equipped with washers, dryers, and dedicated storage rooms for tenant convenience. The coach house provides tremendous versatility as either a premium long-term rental, owner-occupied residence, or short-term rental opportunity. Recently updated, it features newer flooring, renovated bathrooms, three bedrooms, two full baths, and private in-unit laundry. Its independent layout and modern finishes make it highly desirable for a variety of rental strategies. Adding even more value is the detached 3-car brick garage, offering additional rental income potential or secure owner storage. Ideally located within walking distance of the CTA Green Line, Metra, downtown Oak Park shopping, restaurants, and entertainment, this property combines strong current income with significant long-term appreciation potential in one of the Chicago area's most sought-after communities. Opportunities like this are rare-schedule your private showing today.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,200,000

AD Id : 79556035

MLS Id : MRD12646372

Beds : 11

Lot Size : 0.14 Acre

Year Built : 1927

Garage : 3.5

County : Cook

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 11

    Bathroom Information

    Total Baths: 6

    Room Information

    Rooms Total: 24
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Natural Gas WaterSource: Lake Michigan, Public

  • Building Information

    Year Built: 1927

  • Lot Information

    Lot Dimensions: 150 x 33 Lot Acres: 0.14 Lot Size: Less Than .25 Acre

    Property Information

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

  • Listing Price Information

    Original List Price:$1200000

  • Tax Information

    Annual Tax: $11307 Tax Year: 2023 Parcel Number: 16053230230000 Tax Exemption: None

  • Parking Information

    Total Parking: 3.5 Garage Door Opener, Yes, Garage Owned, Detached, Garage

    Garage Information

    Garage Space: 3.5

  • School Information

    Elementary School: Oak Park & River Forest High Sch Junior High School: Oak Park & River Forest High Sch Senior High School: Oak Park & River Forest High Sch
  • Utility Information

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

    City: Oak Park Direction: Chicago Ave West of Austin to address
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Nearby Home Value

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425 S Harvey Avenue #E, Oak Park, IL, 60302 $439,900 3 3 1,774 1,774 SqFt
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240 S Maple Avenue #2W, Oak Park, IL, 60302 $235,000 2 1 1,000 1,000 SqFt
141 Wesley Avenue, Oak Park, IL, 60302 $899,000 5 4 3,000 3,000 SqFt
203 N Kenilworth Avenue.., Oak Park, IL, 60302 $349,000 2 2 1,333 1,333 SqFt
705 N Marion Street, Oak Park, IL, 60302 $625,000 4 3 1,615 1,615 SqFt
515 N Harlem Avenue #203, Oak Park, IL, 60302 $375,000 2 2 1,400 1,400 SqFt
1024 Washington Bouleva.., Oak Park, IL, 60302 $724,000 3 3 1,800 1,800 SqFt
1016 Belleforte Avenue, Oak Park, IL, 60302 $1,095,000 4 4 2,822 2,822 SqFt
106 S Ridgeland Avenue .., Oak Park, IL, 60302 $455,000 2 2 1,700 1,700 SqFt
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ByOwner last updated this listing 07/01/2026 @ 06:20

MLS: MRED #12646372 LISTED BY: Michael Savegnago, Legacy Properties, A Sarah Leonard Company 224-999-9100 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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