224 N Austin Boulevard

Oak Park, Illinois 60302

Pride of long-term owner occupancy is evident in this beautiful classic brick 3-flat. With 1 unit currently generating rental income and the other 2 units vacant and move-in ready, this building is an ideal purchase for a buyer looking to owner-occupy OR a wise investor. The spacious units feature gorgeous original woodwork and wooden built-ins, big updated kitchens with large islands, updated bathrooms, and bonus rooms perfect for den/office space. Not only are the units move-in ready, but the heavy lifting is DONE! The building roof was a complete tear-off in 2016 and garage roof was a complete tear-off in 2018. The entire building had new windows installed in 2019. Gutters on both the garage and house were replaced in 2018. Kitchens and bathrooms were updated in 2019. All units have been freshly painted and even the stairwells have fresh paint and new flooring. The 1st floor unit has all new light fixtures. A sizeable FULLY-FINISHED attic with 7+ ft. ceilings offers the perfect opportunity to duplex up or use as flex space. The basement offers plenty of storage space and a laundry area. Both the front and back yards are nicely landscaped and the fully fenced backyard is surrounded by lush trees and lovely foliage, making it an oasis to be enjoyed from the large patio. The 3-car brick garage is divided into two separate bays, a great layout for rental purposes. A short distance to the green line, bus stop, Stevenson Park, Pete's Fresh Market, One Lake Brewery, Oak Park Recreation Center, and more! Estimated rents for the 1st and 2nd floor units are around $2100 each based on a market rent survey. The building is zoned for multi-family and all units are legal. Whether you're looking for an income-producing rental investment or for a building that will feel like home, this property is a win.