$1,800,000

309 Harrison St Oak Park, IL 60304

Estimated payment $12,426/month

Total Views 241
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

309-311 West Harrison, Oak Park, IL is an 8-unit apartment building located in the heart of the Harrison Street Arts District. Unit mix includes three 3-bedroom units, three 2-bedroom units, one 1-bedroom and one studio. All units contain one bathroom. Parking includes a four-car brick garage and a parking pad on rear of property. Street parking is readily available to tenants of the building. Each unit has been extensively updated since 2020 and contain new kitchens, bathrooms, appliances, refinished floors and fixtures throughout. All units contain a modern feel with vintage charm. Prior updates include copper water pipes throughout, updated electric service to each unit, central cooling in each unit and new windows. Well thought out common areas include storage closets outside of each unit, brick patio with pergola, laundry room, ground floor storage closets, little free library and covered bike storage. Ideal location near the shops and restaurants of the Harrison Street Arts District. Close to transportation, including just .3 mile to nearest el stop and less than 10 miles from downtown Chicago. This is the perfect opportunity to acquire a high quality and low-maintenance, stabilized building in an ideal suburban location. One unit just became vacant and is available to view on first showings. Remaining seven units are rented to great tenants and can be viewed on second showings. Listing agent has an interest in the property.

Listing Agent

Dan Moroney

Moroney Homes, LLC License #471005493 Listed on: 06/25/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,442

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 50x125
  • Additional Parcels

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Additional Features

  • 4-Story Property
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for snow removal, trash collection, management, sewer, water, common area maintenance, gas, heat, hot water, insurance

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $1,300
  • Fuel Expense $5,700
  • Insurance Expense $4,825
  • Maintenance Expense $2,000
  • Other Expense $725
  • Trash Expense $2,100
  • Water Sewer Expense $4,300
  • Operating Expense $51,641
  • Gross Income $173,400
  • Net Operating Income $115,089

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,442

Year Built

Built in 1925

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 4
  • Year Built: 1925
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • OwnerPays: Snow Removal, Trash Collection, Management, Sewer, Water, Common Area Maintenance, Gas, Heat, Hot Water, Insurance
  • Fireplaces: 3
  • Dishwashers: 8
  • Refrigerators: 8
  • Ranges: 8
  • Number of Washers: 3
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Roof Structure: Flat

Utilities

  • Cooling: Central Individual
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Bldg Heat
  • Leased Washer Dryer YN: No

Fee Information

  • Trash Expense: 2100
  • Water Sewer Expenses: 4300
  • Operating Expense Includes: Gas

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 50x125
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 16

Multi Family

  • Net Operating Income: 115089
  • Fuel Expense: 5700
  • Insurance Expense: 4825
  • ElectricExpense: 1300
  • GrossIncome: 173400
  • Maintenance Expense: 2000
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 51641
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 32442.44
  • Tax Year: 2024

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/25/2026 06/25/26 For Sale $1,800,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12686502

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.