617 S Lombard Avenue Oak Park IL 60302 MLS #MRD12465062

MLS #MRD12465062 image #0
Great investment opportunity! A completely rehabbed 4-unit property in Oak Park is ready for its new owner. The building is fully updated, move-in ready, and all units are currently rented, making this a high-return investment. Three of the units are equal-sized 3BD/1BA, while the fourth is a 4BD/2BA duplex down-perfect for an owner-occupant or as an additional rental. A 4-car garage plus an additional parking space adds even more value. Located in one of Chicagoland’s most popular suburbs, Oak Park offers a vibrant architectural and cultural history, top-rated schools, and a lively downtown. The property is ideally situated with easy access to I-290, CTA Blue and Green Lines, Metra, and multiple bus routes-a central location with convenient access to downtown Chicago and all suburbs. Don’t miss this turn-key, high-performing opportunity to own in Oak Park!

Property Details

Price:
$1,499,000
MLS #:
MRD12465062
Status:
Active
Beds:
13
Baths:
5
Type:
Multi Family
Neighborhood:
oakpark
Listed Date:
Sep 5, 2025
Oak ParkOakparkLongfellow Elementary SchoolGwendolyn Brooks Middle SchoolOak Park & River Forest High Sch

Schools

School District:
200
Elementary School:
Longfellow Elementary School
Middle School:
Gwendolyn Brooks Middle School
High School:
Oak Park & River Forest High Sch

Interior

Heating
Radiator(s)

Exterior

Construction Materials
Stucco
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
4

Financial

Net Operating Income
$99,910
Tax Year
2023
Taxes
$20,454

Listing Agent & Office

Fei Martin
Berkshire Hathaway HomeServices Chicago

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617 S Lombard Avenue
Oak Park, IL