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314-316 N Maple Avenue Oak Park, IL 60302 • Multi Unit - Multiple • New

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  • 314-316 N Maple Avenue , Oak Park, IL 60302 Main Photo

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Description

Excellent investment opportunity in Oak Park! This well-maintained 7-unit multifamily building offers a desirable mix of units, current rental income and 6 off-street parking spaces. The property features three 3-bed/1.5-bath units, three 2-bed/1-bath units and one 2-bed/1-bath garden unit. All units are currently tenant occupied, with five units leased on year-long terms and two units month-to-month, providing a combination of stable income and future flexibility. The sellers have completed numerous updates and improvements, including a brand-new roof, renovated garden unit, new common-area washer and dryer, new in-unit refrigerators, stoves and dishwashers in several units, rear tuckpointing, necessary plumbing repairs and a freshly painted deck. With a strong unit mix, established occupancy, off-street parking and numerous recent capital improvements, this property offers an excellent opportunity for an investor looking to add a multifamily asset to their portfolio in Oak Park.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Sqft: 7,110
County: Cook
Listed By:
Redfin Corporation 312-836-4263
MRED MLS
$1,490,000
Est. $10,641/mo
7,110sqft
New to the Market New
BEDS0 BATHS SQUARE FEET7,110 MLS#12767844
STATUSNew PROPERTY TYPEMulti Unit - Multiple

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For Details, Contact

Ruhl&Ruhl Realtors
563.441.1776

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314-316 N Maple Avenue , Oak Park, IL 60302.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,490,000$1,490,000$1,490,000
Down Payment $52,150$0$298,000
Monthly Mortgage Amount $9,857$10,383$8,132
Taxes $2074$2074$2074
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $895$0$0
Monthly Estimated Total $13,261$12,892$10,641

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