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617 S Lombard Avenue Oak Park, IL 60302 • Multi Unit - Multiple • New

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Description

Great investment opportunity! A completely rehabbed 4-unit property in Oak Park is ready for its new owner. The building is fully updated, move-in ready, and all units are currently rented, making this a high-return investment. Three of the units are equal-sized 3BD/1BA, while the fourth is a 4BD/2BA duplex down-perfect for an owner-occupant or as an additional rental. A 4-car garage plus an additional parking space adds even more value. Located in one of Chicagoland's most popular suburbs, Oak Park offers a vibrant architectural and cultural history, top-rated schools, and a lively downtown. The property is ideally situated with easy access to I-290, CTA Blue and Green Lines, Metra, and multiple bus routes-a central location with convenient access to downtown Chicago and all suburbs. Don't miss this turn-key, high-performing opportunity to own in Oak Park!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 13
Bathrooms: 5
County: Cook
High School: Oak Park & River Forest High Sch
Listed By:
Berkshire Hathaway HomeServices Chicago 312-944-8900
MRED MLS
$1,399,000
Est. $8,886/mo
13beds
5baths
4cars
New to the Market New
BEDS13 BATHS5 full MLS#12585850
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 200
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Shown By

Adam Edstrom
 (563) 210-6814

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617 S Lombard Avenue , Oak Park, IL 60302.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,399,000$1,399,000$1,399,000
Down Payment $48,965$0$279,800
Monthly Mortgage Amount $8,126$8,454$6,531
Taxes $1947$1947$1947
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $839$0$0
Monthly Estimated Total $11,320$10,809$8,886

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