LKV Realty
Logo
$900,000
$5,000Reward *
17 Garfield Street, Oak Park, IL 60304Listing ID 12722022

17 Garfield Street, Oak Park, IL 60304

Active
Oak Park
Time on site: 14 daysLast updated: 6 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
8
Bathrooms
Bathrooms
4
Days on Site
Days on Site
14
Heating
Heating
Radiant
Year Built
Year Built
1925
Garages
Garages
4
Parking
Parking
Garage Door Opener, Yes, Garage Owned, Detached, Side Apron, Owned, Garage

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.

Property Information

Property Details

Location

Address
17 Garfield Street
County
Cook
City
Oak Park
Zip Code
60304
Subdivision
Oak Park
School District
200
MLS Area
Oak Park

Interior Features

Beds and Baths

Bedrooms
8

Building

Building Information

Year Built
1925
Construction
Brick
Foundation
Concrete Perimeter
Roof
Rubber

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$16,659
Tax Year
2025
Illinois Discount Realty, (800) 403-8716

Market Report for 60304

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 12:26 PM UTC. 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. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD163651