Listing provided courtesy of Illinois Discount RealtyMREDas Distributed by MLSGrid- MLS# 12662198MLS Provider

17 Garfield StreetOak Park, IL 60304

Multi-Family · 8 Beds
$900,000 New

17 Garfield Street Overview

Time on Site:
4 days
Visits:
0

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

17 Garfield Street Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 200

Income/Expenses

  • Electric Expense: 360
  • Fuel Expense: 4140
  • Insurance Expense: 2800
  • Maintenance Expense: 1200
  • Net Operating Income: 90120
  • Trash Expense: 3300
  • Water Sewer Expense: 3300

Building Information

  • New Construction: No
  • Year Built: 1925

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Oak Park
  • Township: Oak Park

Tax Information

  • Tax Annual Amount: $16,658.83
  • Tax Year: 2025

General Information

  • Ownership: Fee Simple
  • Parcel Number: 16173150020000
  • Property Type: Residential Income
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0
  • Garage Spaces: 4

Beds/Baths

  • Bathrooms Total: 4
  • Bedrooms Total: 8
  • Bedrooms Possible: 8
  • Full Baths Building: 4

General Information

  • Basement: Unfinished, Full
  • Foundation Details: Concrete Perimeter
  • Heating: Radiant
  • Other Equipment: Ceiling Fan(s)
  • Rooms Total: 20

Exterior

Parking Information

  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Side Apron, Owned, Garage
  • Parking Total: 5

Lot Information

  • Lot Size Dimensions: 50X125
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Traditional
  • Construction Materials: Brick
  • Roof: Rubber

General Information

  • Exterior Features: Lighting
  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 1910
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 1730
  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 1950
  • Beds Total: 2
  • Baths Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Actual Rent: 2050
  • Beds Total: 2
  • Baths Total: 1

17 Garfield Street Neighborhood

Community

60304 (Oak Park) Demographics

39
Median Age
11,445
Population Density (per sq. mile)
76%
College Educated
$123,090
Estimated Median Income
4,678
Estimated Total Home Owners
1,593
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

17 Garfield Street Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

17 Garfield Street Market Data

Based on the last 30 days in this zip code

$492,090
Average List Price
$326
Average Price per Square Foot
12
Properties Sold
35
Average Days on Market
32
Properties for Sale
Calculations provided by Reliance Network

17 Garfield Street History

Date Event Value Agent
6/25/2026Source: MRED Added to Database
June 25, 2026