511 N TAYLOR Avenue, Oak Park, IL

$550,000

Overview

  • 226169
  • Property ID
  • Updated On:
  • April 14, 2026
  • 5
  • Bedrooms
  • 3
  • Bathrooms

Description

Excellent investment opportunity in the heart of Oak Park! This classic vintage brick fully occupied legal three-flat offers a true multi-unit layout featuring one spacious three-bedroom unit and two renovated 1 bedroom(s). ALL units have their own washer & dryers a huge plus for tenants. The building showcases charming vintage character while providing strong income potential for investors or owner-occupants alike. Additional income from the 2 garage spots and tandem exterior spots. Each unit offers comfortable living spaces with natural light and timeless architectural details that reflect Oak Park’s historic charm. Situated on a desirable tree-lined street, the property enjoys a prime location close to public transportation, parks, shopping, dining, and everything that makes Oak Park one of Chicagoland’s most sought-after communities. With its classic structure, flexible living arrangements, and outstanding location, this legitimate three-flat presents a rare opportunity to own a piece of Oak Park while generating rental income. New windows on upper level. Newer boiler and roof was resurfaced few years ago. Full basement with storage for each unit. Rare opportunity! As-Is sale. More financials and lease detail upon request. Tenants Rights. Allow 72 hours for showing requests.

Bedrooms
3
5+
Climate Control
Heating
Garden
Yes
Parking
Garage
Open Parking
Other Features
Additional Parking
Alley Access
Assigned
Baseboard
Brick
Detached
Flat
Garage Door Opener
Garage Owned
Lake Michigan
Natural Gas
Off Street
Owned
Public Sewer
Steam

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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$2,819.96
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 2,132.46

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Information for the property at 511 N TAYLOR Avenue, Oak Park, IL, 60302 (Property ID: 226169) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi