Multifamily
700 N Austin Blvd
700 N Austin Blvd, Oak Park, IL 60302
Listing Price: $3,200,000
Investment Overview
Marcus & Millichap is pleased to present this 31-unit apartment property located at 700 North Austin Boulevard in Oak Park, Illinois.
Built in 1922, the building is comprised of six studio / one-bathroom units, 21 one-bedroom / one-bathroom units, and four two-bedroom / one-bathroom units, measuring, on average, approximately 500, 772, and 878 square feet each, respectively. The property features seven garage parking spaces, designated tenant storage, and an on-site laundry facility. The property also has a newer boiler and hot water tank.
This investment offers an investor a value-add opportunity to acquire a rarely available asset from a long-term owner offering significant rental upside.
700 N Austin Blvd
Investment Highlights
- Long-Term Owner with Significant Rental Upside
- Seven Garage Parking Spaces, Newer Boiler and Hot Water Tank
- Close to Oak Park Metra Station and Austin CTA Blue Line Station
- Near West Suburban Medical Center Emergency Room
- Average Household Income for Oak Park is $126,684
Exclusively Listed By
Listing Price: $3,200,000
Investment Highlights
- Long-Term Owner with Significant Rental Upside
- Seven Garage Parking Spaces, Newer Boiler and Hot Water Tank
- Close to Oak Park Metra Station and Austin CTA Blue Line Station
- Near West Suburban Medical Center Emergency Room
- Average Household Income for Oak Park is $126,684
Investment Overview
Marcus & Millichap is pleased to present this 31-unit apartment property located at 700 North Austin Boulevard in Oak Park, Illinois. Built in 1922, the building is comprised of six studio / one-bathroom units, 21 one-bedroom / one-bathroom units, and four two-bedroom / one-bathroom units, measuring, on average, approximately 500, 772, and 878 square feet each, respectively. The property features seven garage parking spaces, designated tenant storage, and an on-site laundry facility. The property also has a newer boiler and hot water tank. This investment offers an investor a value-add opportunity to acquire a rarely available asset from a long-term owner offering significant rental upside.
Exclusively Listed By
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