NOT LISTED FOR SALE

820 S Maple Ave Oak Park, IL 60304

4 Beds
5 Baths
-- Sq Ft
1978 Built

Last Sold August 01, 2023

Last sale price $600,000

2 Days on Market

Highlights

  • Colonial Architecture
  • Lower Floor Utility Room
  • 6 Car Detached Garage
  • Abraham Lincoln Elementary School Rated A-
  • Workshop
  • 3-minute walk to Wenonah Tot Lot

About This Home

As of August 2023

Awesome opportunity in Prime Oak Park location with high income potential within Walking distance to L train & downtown Oak Park. Plenty of off street parking with 6 car garage + 6 apron/driveway spaces! Beautiful Brick 2 unit w/finished basement built in 1978. Plus don't miss this massive garage! Great for the hobbyist or extra income. Whether you are looking for an in-law situation, live in one unit and have supplemental income in the other or just a high ROI investment. This is the place! Estimated Market Rent: $2,200 per unit, $200 per Garage Space. Super sized apartments (~1,350 SQF each) with 2 bedrooms/2 baths each and large kitchens plus an in-law/office/studio in the finished basement (or convert to a duplexed down owner's unit and almost double your space). Huge 6 car garage 30x33 (3 tandem bays) with a huge full walk up loft above 16 x 34 (make sure you check out the loft space there is potential for artists studio, workshop or just use as storage). Mechanicals are all in great shape. AC unit 6 years old, 80 gallon hot water tank 2013, original Boiler in fantastic condition with updated pumps, Roof on garage 2 years old, 100amp separate service for garage. Laundry room in the basement 12 x 18. Great workroom in the basement 13x 19. The Boiler room is spacious 13 x 10. The current in law arrangement in the basement is approximately 450 square feet. Ton of storage closets arranged throughout the property. So many options for this property come and see it and let your vision and imagination run wild. Don't let the option of a multi family oasis pass by if that is on your list.

Last Agent to Sell the Property

Cheryl Swanson

Swanson Realty License #471008116 Listed on: 06/26/2023

Co-Listed By

Joanne Hasler

Swanson Realty License #475171213

Last Buyer's Agent

Joanne Hasler

Swanson Realty License #475171213

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,502

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 170 x 50

Parking

  • 6 Car Detached Garage
  • Alley Access
  • Tandem Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking
  • Off Alley Parking
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Workshop
  • Lower Floor Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 5 Bathrooms

Schools

  • Abraham Lincoln Elementary Schoo
  • Gwendolyn Brooks Middle School
  • Oak Park & River Forest High Sch

Utilities

  • Heating System Uses Steam
  • Lake Michigan Water
  • Gas Water Heater

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $211
  • Fuel Expense $2,467
  • Insurance Expense $1,938
  • Water Sewer Expense $1,061
  • Gross Income $56,400
  • Net Operating Income $58,021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,502

Year Built

Built in 1978

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Year Built: 1978
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Other Equipment: Water Heater-Gas
  • Room Type: Kitchen, Utility Room-Lower Level, Workshop
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner

Exterior Features

  • List Price: 599900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 6
  • Parking Features: Off Alley, Off Street, Side Apron, Alley Access
  • ParkingTotal: 6
  • Number of Cars: 12
  • Garage Details: Garage Door Opener(s),Tandem
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 1061

Schools

  • Elementary School: Abraham Lincoln Elementary Schoo
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Gwendolyn Brooks Middle School
  • Middle/Junior School District: 97

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 170 X 50
  • Zoning: LNC
  • 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: 58021
  • Fuel Expense: 2467
  • Insurance Expense: 1938
  • ElectricExpense: 211
  • GrossIncome: 56400
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3501.57
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Range of Values:

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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 List to Sale Price per Sq Ft
08/01/2023 08/01/23 Sold $600,000 0.0% --
06/29/2023 06/29/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $599,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Cheryl Swanson

    Seller's Agent in 2023

    Cheryl Swanson

    Swanson Realty

    (847) 680-3450

    1 in this area

    54 Total Sales

    Cheryl Swanson
    Section Image
  • Joanne Hasler

    Seller Co-Listing Agent in 2023

    Joanne Hasler

    Swanson Realty

    (773) 612-1314

    1 in this area

    60 Total Sales

    Joanne Hasler
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11816848

Midwest Real Estate Data (MRED)
Illinois Cook County Oak Park 60304

820 S Maple Ave, Oak Park, IL

This home is located at 820 S Maple Ave, Oak Park, IL 60304 since 26 June 2023. This property was built in 1978. 820 S Maple Ave is a home located in Cook County with nearby schools including Abraham Lincoln Elementary School, Gwendolyn Brooks Middle School, and Oak Park and River Forest High School.

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