17 Garfield Street Oak Park, IL 60304
Listing Courtesy of: MLS LogoMidwest Real Estate Data as distributed by MLS GRID / Listed By: Illinois Discount Realty

  17 Garfield Street Oak Park, IL 60304

Active (1 Days)
$900,000 (USD)
8
BED
4
BATH

Description

Exceptional opportunity to acquire a solid brick vintage 4-unit full occupancy in highly desirable Oak Park, a transit oriented submarket known for stable tenancy and longterm appreciation. Located just off 290, this classic 1925 building sits on an oversized 50x125 lot and features four spacious 2 bed/1bath units with timeless character-original hardwood floors, tall ceilings, vintage trim, ceiling fans, and abundant natural light throughout. Each unit includes a full appliance package with stove, refrigerator, dishwasher and pantry, supporting strong tenant demand and easy leasing. Updated kitchens and baths. All units occupied, offering stable income. A full unfinished basement provides excellent storage capacity and potential for expanded laundry or future value added improvements. The property also includes a rare 4 car detached garage plus an additional exterior space, creating additional income and enhancing overall return. Outdoor amenities include a rear porch perfect for tenant seating and a fully enclosed wooden privacy fence, increasing tenant appeal and longterm retention. Tenants pay electric and gas, reducing operating exposure and supporting stronger net performance. With a 6.7% CAP rate built on strong annual rental income and minimized operating expenses, this asset delivers the fundamentals investors seek. Stable cash flow, low vacancy risk, and multiple avenues for value creation in one of Oak Park's most desirable rental corridors. Property being sold as-is.

MLS #:
12722022
Taxes
$16,659(2025)
Type
Multifamily
Year Built
1925
Style
Traditional
School District
200,97
County
Cook County

Listed By

Vanessa Carlson, Illinois Discount Realty
Source
Midwest Real Estate Data
Last checked Aug 2 2026 at 5:49 PM GMT+0000
Bathroom Details
Interior Features
  • Ceiling Fan(s)
Property Features
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Radiant
Basement Information
  • Unfinished
  • Full
Exterior Features
  • Roof: Rubber
Utility Information
  • Utilities: Water Source: Lake Michigan
  • Sewer: Public Sewer
Parking
  • Side Apron
  • Garage Door Opener
  • Garage Owned
  • Garage
  • Owned
  • Detached
  • Yes
Location
   
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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 8/2/2026 17:49. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.