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111 S Maple Avenue Oak Park, IL 60302 • Multi Unit - Multiple • Active

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Description

Rare greystone 4-flat in the heart of downtown Oak Park. This vintage multi-family building sits on a quiet cul-de-sac street, and all four units are unusually spacious: 3 bedrooms each, with separate living and dining rooms and a large private backyard. Seller has operated it as a true armchair investment - it has been easy to rent and manage, and it is ready to run as-is. Rents are below market in current condition. Live in one unit and rent the other three, and/or Value-Add the investment by updating kitchens and baths to push returns further. Laundry in basement. Each side has basement living space currently unused that include kitchens and baths. Those can be duplexed to the first-floor units to create two massive units plus the 2nd floor 3 bedrooms units - excellent for owner's unit or high rent units. Location: less than a 1-minute walk to the Blue Line and Metra. Short walk to Target, Trader Joe's, Whole Foods, Jewel, Lake Street Theatre, and the shopping, dining, and entertainment of downtown Oak Park.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 12
Bathrooms: 6
County: Cook
High School: Oak Park & River Forest High Sch
Listed By:
Process Driven Real Estate 773-405-6384
MRED MLS
$1,350,000
Est. $9,549/mo
12beds
6baths
Active
BEDS12 BATHS6 full MLS#12798089
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 200

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Ruhl&Ruhl Realtors
563.441.1776

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111 S Maple Avenue, Oak Park, IL 60302.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,350,000$1,350,000$1,350,000
Down Payment $47,250$0$270,000
Monthly Mortgage Amount $8,708$9,059$7,276
Taxes $1879$1879$1879
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $810$0$0
Monthly Estimated Total $11,791$11,332$9,549

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