214 Chicago Ave
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214 Chicago Ave
3 Unit Apartment Building $695,000 ($231,667/Unit) 11.35% Cap Rate Oak Park, IL 60302
Executive Summary
Remarks: Welcome to this rare 3 unit multi family in Oak Park plus coach house! Features: Coach house with 3 bedrooms,2 baths Remodeled 2020 including new windows, new AC systems for each unit, roof good condition, finished basement with Washer and dryer and storage rooms! Nice back court yard! Walking distance to El- train, Metra, fine dining and stores! This one won't last! Motivated seller! Priced for quick sale! Under market value! Seller will consider any offers!
Financial Summary (Actual - 2022) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$16,000
|
$3.00
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$16,000
|
$3.00
|
Financial Summary (Actual - 2022)
| Taxes | |
|---|---|
| Annual | $16,000 |
| Annual Per SF | $3.00 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $16,000 |
| Annual Per SF | $3.00 |
Property Facts
| Price | $695,000 | Property Subtype | Apartment |
| Price Per Unit | $231,667 | Apartment Style | Low Rise |
| Sale Type | Investment | Building Size | 5,326 SF |
| Cap Rate | 11.35% | No. Stories | 3 |
| No. Units | 3 | Year Built | 1925 |
| Property Type | Multifamily |
| Price | $695,000 |
| Price Per Unit | $231,667 |
| Sale Type | Investment |
| Cap Rate | 11.35% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Size | 5,326 SF |
| No. Stories | 3 |
| Year Built | 1925 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 3 | - | - |
1 of 1
Walk Score ®
Very Walkable (71)
Bike Score ®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 16-05-323-024-0000 | Total Assessment | $3,528,800 (2024) |
| Land Assessment | $217,500 (2024) | Annual Taxes | $16,000 ($3.00/SF) |
| Improvements Assessment | $3,311,300 (2024) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
16-05-323-024-0000
Land Assessment
$217,500 (2024)
Improvements Assessment
$3,311,300 (2024)
Total Assessment
$3,528,800 (2024)
Annual Taxes
$16,000 ($3.00/SF)
Tax Year
2022
-
Frank Christiano -
Skydan Real Estate Sales, LLC
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214 Chicago Ave
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