IL
Cook
Oak Park
60302
214 Chicago Avenue
214 Chicago Avenue, Oak Park, IL 60302
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Listing Type
Multi Family
Listing Status
Active
46
$1,200,000

Home Details for 214 Chicago Avenue

Price
$1,200,000
Type
Residential Income
Bedrooms
11
Total Bathrooms
6
Year built
1927
Lot size acres
0.14
County
Cook
Total rooms
24
Garage
3.5
Basement
Finished, Exterior Entry, Full
MLS Listing#
12646372
Property Description

Rare investment opportunity in the heart of Oak Park featuring three separate income-producing structures on one property. This unique offering includes a classic brick 3-unit multifamily building, a beautifully updated 3-bedroom 2-bath coach house, and a detached 3-car brick garage-creating multiple income streams and exceptional flexibility for investors or owner-occupants alike. The main building consists of three spacious 3-bedroom, 1-bath apartments, plus a full finished basement with shared laundry facilities and private tenant storage areas. Built with solid brick construction, this classic Chicago-style multifamily property offers the durability, character, and long-term investment appeal buyers seek. Tenants pay their own gas and electric utilities, helping maximize owner efficiency and cash flow. Extensively renovated in 2020, major improvements include new windows, separate HVAC systems for each unit, and a roof in excellent condition. The finished basement is equipped with washers, dryers, and dedicated storage rooms for tenant convenience. The coach house provides tremendous versatility as either a premium long-term rental, owner-occupied residence, or short-term rental opportunity. Recently updated, it features newer flooring, renovated bathrooms, three bedrooms, two full baths, and private in-unit laundry. Its independent layout and modern finishes make it highly desirable for a variety of rental strategies. Adding even more value is the detached 3-car brick garage, offering additional rental income potential or secure owner storage. Ideally located within walking distance of the CTA Green Line, Metra, downtown Oak Park shopping, restaurants, and entertainment, this property combines strong current income with significant long-term appreciation potential in one of the Chicago area's most sought-after communities. Opportunities like this are rare-schedule your private showing today.

Property Features
  • Parking
    • Garage Door Opener
    • Detached
    • Garage
  • Basement
    • Finished
    • Exterior Entry
    • Full
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
School Information
School Information for 214 Chicago Avenue, Oak Park, IL 60302
Elementary School
Oak Park & River Forest High Sch
Middle School
Oak Park & River Forest High Sch
High School
Oak Park & River Forest High Sch
Listing Courtesy: Legacy Properties, A Sarah Leonard Company - 224-999-9100
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-05-30 04:10:12. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-05-30 04:10:12
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2945 N. Milwaukee Ave. Ste B, Chicago, IL 60618
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