17 Garfield Street, Oak Park, IL 60304
Cook County
Key Facts
Description
Exceptional opportunity to acquire a solid brick vintage 4-unit full occupancy in highly desirable Oak Park, a transit oriented submarket known for stable tenancy and longterm appreciation. Located just off 290, this classic 1925 building sits on an oversized 50x125 lot and features four spacious 2 bed/1bath units with timeless character-original hardwood floors, tall ceilings, vintage trim, ceiling fans, and abundant natural light throughout. Each unit includes a full appliance package with stove, refrigerator, dishwasher and pantry, supporting strong tenant demand and easy leasing. Updated kitchens and baths. All units occupied, offering stable income. A full unfinished basement provides excellent storage capacity and potential for expanded laundry or future value added improvements. The property also includes a rare 4 car detached garage plus an additional exterior space, creating additional income and enhancing overall return. Outdoor amenities include a rear porch perfect for tenant seating and a fully enclosed wooden privacy fence, increasing tenant appeal and longterm retention. Tenants pay electric and gas, reducing operating exposure and supporting stronger net performance. With a 6.7% CAP rate built on strong annual rental income and minimized operating expenses, this asset delivers the fundamentals investors seek. Stable cash flow, low vacancy risk, and multiple avenues for value creation in one of Oak Park's most desirable rental corridors. Property being sold as-is.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
Traditional
Year Built
1925
Lot Dimensions
50X125
Garage Spaces
4
Parking Spaces
5
Ownership
Fee Simple
Zoning
MULTI
Days on Market
7
MLS® Listing#
12662198
Property Features
Exterior
Cooling
Heating
Basement
Parking
Fencing
Construction
Foundation
Roof
Sewer
Financial Details
Annual Taxes
$16,659
Tax year 2025
Parcel Number
16173150020000
Directions
Austin Blvd to Garfield west to building
Affordability Calculator
$180,000
Estimated monthly payment
$4,790/mo
Principal $720,000 · Est. interest $1,004,464 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Oak Park, IL
- $337,888
- Median Listing Price
- 29
- Median Days on Market
- 1,602
- Median Sq Ft
- $207
- Median Price / Sq Ft
- 1,175
- Active Listings
- This home’s price is 166% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Oak Park, IL.
Location
Points of Interest in Oak Park, IL
Showing the Oak Park area map.
Nearby Schools
George Rogers Clark Elementary School
Elementary · 0.3 mi away
Children's International Academy
School · 0.4 mi away
Warren Park Elementary School
Elementary · 0.4 mi away
Irving School
Elementary · 0.4 mi away
Longfellow Elementary School
Elementary · 0.5 mi away
McKinley Elementary School
Elementary · 0.6 mi away
Plato Learning Academy
Elementary · 0.6 mi away
Oscar Depriest Elementary School
Elementary · 0.7 mi away
Little Folks Cottage Nursery
School · 0.7 mi away
West Suburban Montessori School
Elementary · 0.7 mi away
St. Catherine St. Lucy School
School · 0.8 mi away
Ascension Catholic School
Secondary · 0.8 mi away
La Casa Montessori School
Elementary · 0.8 mi away
Karel Havlicek Elementary School
Elementary · 0.8 mi away
Armstrong Elementary School
Elementary · 0.8 mi away
Percy Julian Middle School
Secondary · 0.9 mi away
Burnham Elementary School
Elementary · 0.9 mi away
Chicago Public Schools
School · 0.9 mi away
Catalyst Circle Rock
School · 1.0 mi away
Intercultural Montessori Language School
Elementary · 1.0 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 5648 Saint James Court, Oak Lawn, IL | $769,900 | 11 | 8 | — |
| 1465 N Northwest Highway, Park Ridge, IL | $779,900 | 8 | 6 | — |
| 1106 Alima Terrace, La Grange Park, IL | $895,000 | 8 | 4 | — |
Moving Cost Estimate
EXIT Agents in Oak Park
Listing Courtesy: Illinois Discount Realty - 8004038716
Last Updated: 2026-06-25