Victorian 2-flat with welcoming open front porch located in a quiet northwest Oak Park Frank Lloyd Wright Historic District neighborhood. Wonderful opportunity for an owner/investor to live affordably in a prominent Oak Park family neighborhood. Live in one apartment and rent out the rest, reducing your housing costs significantly less than renting. Excellent investment with multiple upside potential possibilities. The property now has $52,000 Annual Operating Income. With modest improvements, rents could be increased $500+. Some preparation for duplexing the 2nd floor up to the attic has already been made, creating opportunity for even greater rent income. Also a prime single-family deconversion candidate! It could become a very gracious single-family home in a great Oak Park neighborhood in the Frank Lloyd Wright Historic District!
Park/Playground, Pool, Tennis Courts, Sidewalks, Street Lights, Street Paved
OAK PARK & RIVER FOREST HIGH SCH
|Price Reduced (from $499,500)||$489,500||$10,000 (2.00%)|
|Active (from New)||–||–|
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Listing information last updated on August 25th, 2019 at 2:05am CDT.