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511 N Taylor Avenue Oak Park, IL 60302 Multi Unit - Multiple Active

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  • 511 N Taylor Avenue, Oak Park, IL 60302 Main Photo

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Description

Excellent investment opportunity in the heart of Oak Park! This classic vintage brick fully occupied legal three-flat offers a true multi-unit layout featuring one spacious three-bedroom unit and two renovated 1 bedroom(s). ALL units have their own washer & dryers a huge plus for tenants. The building showcases charming vintage character while providing strong income potential for investors or owner-occupants alike. Additional income from the 2 garage spots and tandem exterior spots. Each unit offers comfortable living spaces with natural light and timeless architectural details that reflect Oak Park's historic charm. Situated on a desirable tree-lined street, the property enjoys a prime location close to public transportation, parks, shopping, dining, and everything that makes Oak Park one of Chicagoland's most sought-after communities. With its classic structure, flexible living arrangements, and outstanding location, this legitimate three-flat presents a rare opportunity to own a piece of Oak Park while generating rental income. New windows on upper level. Newer boiler and roof was resurfaced few years ago. Full basement with storage for each unit. Rare opportunity! As-Is sale. More financials and lease detail upon request. Tenants Rights. Allow 72 hours for showing requests.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 5
Bathrooms: 3
County: Cook
High School: Oak Park & River Forest High Sch
Listed By:
eXp Realty 888-574-9405
MRED MLS
$600,000
Est. $3,811/mo
5beds
3baths
2cars
New to the Market Active
BEDS5 BATHS3 full MLS#12585413
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 200

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Ruhl&Ruhl Realtors
563.441.1776

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511 N Taylor Avenue, Oak Park, IL 60302.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $600,000$600,000$600,000
Down Payment $120,000$21,000$150,000
Monthly Mortgage Amount $2,801$3,438$3,647
Taxes $835$835$835
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$264$0
Monthly Estimated Total $3,811$4,712$4,657

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