NOT LISTED FOR SALE

245 S Maple Ave Oak Park, IL 60302

6 Beds
3 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold May 11, 2023

Last sale price $785,000

79 Days on Market

Highlights

  • Sun or Florida Room
  • 5-minute walk to Harlem/Lake Station (Green Line)
  • Enclosed patio or porch
  • Oliver W Holmes Elementary School Rated A-
  • 3 Car Detached Garage
  • Heating System Uses Steam

About This Home

As of May 2023

A vintage three-unit apartment building located at 245 South Maple Avenue in Oak Park, Illinois. Residents for this property are only a few blocks from a CTA Stop, and within close proximity to all of downtown Oak Park. Situated in a west Oak Park location, the subject property is close to downtown Oak Park (approximately one-half mile) and the CTA Blue Line Harlem/Lake station (approximately two blocks). Consisting of three two-bedroom / one-bathroom unit (approximately 1,300 square feet), these units offer very large layouts with upgraded finishes and hardwood floors. Recent capital improvements include all new windows in 2021, tuckpointing in 2020, new roof and hot water heater in 2019 and new plumbing risers in 2017. On-site, there is a coin-operated laundry room and a detached three car garage. Here, an investor has an opportunity to acquire a stable property in a Chicago suburb. This property fits well as a stand-alone property or within a portfolio.

Last Agent to Sell the Property

Brigette Bell

B2B Investment Properties LLC License #471006530 Listed on: 01/16/2023

Last Buyer's Agent

Kip Thang

Real 1 Realty License #475192187

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,429

Year Built

  • Built in 1924

Lot Details

  • 6,970

Parking

  • 3 Car Detached Garage
  • Parking Included in Price

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • Sun or Florida Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Steam
  • Lake Michigan Water

Additional Features

  • Enclosed patio or porch
  • 6,970 Sq Ft Lot

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $70,131
  • Net Operating Income $37,611

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,429

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Room Type: Enclosed Porch, Sun Room
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Hardwood Floors

Exterior Features

  • List Price: 785000
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 36120

Schools

  • Middle/Junior School District: 97

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.16
  • Lot Dimensions: 6,800 SF
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 37611
  • GrossIncome: 70131
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 17428.61
  • Tax Year: 2021
  • Tax Exemptions: None

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Sold $785,000 0.0% --
04/06/2023 04/06/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $785,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brigette Bell

    Seller's Agent in 2023

    Brigette Bell

    B2B Investment Properties LLC

    (708) 717-0056

    9 in this area

    10 Total Sales

    Brigette Bell
    Section Image
  • Kip Thang

    Buyer's Agent in 2023

    Kip Thang

    Real 1 Realty

    (224) 565-1381

    1 in this area

    56 Total Sales

    Kip Thang
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11701606

Midwest Real Estate Data (MRED)

Illinois Cook County Oak Park 60130

245 S Maple Ave, Oak Park, IL

This home is located at 245 S Maple Ave, Oak Park, IL 60302 since 16 January 2023. This property was built in 1924. 245 S Maple Ave is a home located in Cook County with nearby schools including Oliver W Holmes Elementary School, Gwendolyn Brooks Middle School, and Oak Park and River Forest High School.

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