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    645 N Lombard Avenue

    Oak Park, IL 60302
    • $675,000
    • STATUS: Active Under Contract
    • ON SITE: 51 days
    • MLS #: 11061667
    Under Contract
    UPDATED: 75 min ago
    $675,000
    • 6
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1914
    County:
    Area:

    School Information

    Elementary School:
    School District:
    97

    Description

    A vintage, brick four-unit apartment building located at 645 North Lombard Avenue in Oak Park, Illinois. Oak Park is one of Chicago's most sought-after suburbs for homeowners and renters. Its unique mix of diversity, community, world-famous architecture, upscale neighborhoods and commerce make it an ideal location to own rental property. Oak Park is approximately nine miles west of the Chicago Loop and is accessible via the Eisenhower expressway, Metra Train, and the CTA train and bus lines. This property is located approximately 10 miles to O'Hare International Airport. This property consists of two one-bedroom/one-bathroom units (approximately 1,000 square feet) and two two-bedroom/one-bathroom units (approximately 1,150 square feet) offering large layouts and hardwood floors. On-site, there is coin-operated laundry and three surface parking spaces. Here, an investor has the opportunity to acquire a vintage apartment building in a strong Oak Park rental market.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Littlefield Group | Keller Williams Realty. Based on information submitted to the MRED as of 2021-06-12T11:53:34.057 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    645 N Lombard Avenue Oak Park, IL 60302

    • Price: $675,000
    • Status: Active Under Contract
    • Updated: 75 min ago
    • MLS #: 11061667
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1914
    Built
    Neighborhood:
    Oak Park
    County:
    Cook
    Area:
    Oak Park
    Elementary School:
    Whittier Elementary School
    Middle School:
    Gwendolyn Brooks Middle School
    High School:
    Oak Park & River Forest High Sch
    School District:
    97
    Property Description
    A vintage, brick four-unit apartment building located at 645 North Lombard Avenue in Oak Park, Illinois. Oak Park is one of Chicago's most sought-after suburbs for homeowners and renters. Its unique mix of diversity, community, world-famous architecture, upscale neighborhoods and commerce make it an ideal location to own rental property. Oak Park is approximately nine miles west of the Chicago Loop and is accessible via the Eisenhower expressway, Metra Train, and the CTA train and bus lines. This property is located approximately 10 miles to O'Hare International Airport. This property consists of two one-bedroom/one-bathroom units (approximately 1,000 square feet) and two two-bedroom/one-bathroom units (approximately 1,150 square feet) offering large layouts and hardwood floors. On-site, there is coin-operated laundry and three surface parking spaces. Here, an investor has the opportunity to acquire a vintage apartment building in a strong Oak Park rental market.
    Exterior Features

    Exterior Building Type Brick Number Of Cars 3 Parking Space/S Parking On Site Yes Parking Ownership Owned Parking Total 3 Unit1 Floor Level 1 Unit2 Floor Level 1 Unit3 Floor Level 2 Unit4 Floor Level 2 Waterfront YN No

    Interior Features

    3 Bedroom Unit In Building No Appliances Features Unit1 StoveRefrigeratorFireplace-Gas Appliances Features Unit2 StoveRefrigeratorFireplace-Gas Appliances Features Unit3 StoveRefrigeratorFireplace-Gas Appliances Features Unit4 StoveRefrigeratorFireplace-Gas Basement Full Basement Bathrooms YN No Basement Description Unfinished Bathrooms Total Integer 4 Bedrooms Below Grade 0 Bedrooms Possible 6 Full Baths In Building 4 Full Baths In Unit1 1 Full Baths In Unit2 1 Full Baths In Unit3 1 Full Baths In Unit4 1 Half Baths In Building 0 Half Baths In Unit1 0 Half Baths In Unit2 0 Half Baths In Unit3 0 Half Baths In Unit4 0 Heating Radiators Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 1 Number Of Bedrooms Unit3 2 Number Of Bedrooms Unit4 1 Number Of Rooms Unit1 7 Number Of Rooms Unit2 6 Number Of Rooms Unit3 7 Number Of Rooms Unit4 6 Room Type Sun Room Rooms Total 26

    Property Features

    Additional Parcels YN No Age Description 100+ Years Built Before1978 YN Yes Corporate Limits Oak Park Fuel Expense 3274 General Information None Gross Income 67894 Insurance Expense 2682 Lease Exp Date Mo Yr Unit1 07/21 Lease Exp Date Mo Yr Unit2 07/21 Lease Exp Date Mo Yr Unit3 07/21 Lease Exp Date Mo Yr Unit4 07/21 Lot Size Less Than .25 Acre Lot Size Dimensions 5000 SF Net Operating Income 34286 New Construction YN No Other Addl Income Coin Laundry Other Expenses 20902 Property Sub Type 4 Flat Rebuilt YN No Rehab YN No Security Deposit Unit1 3100 Security Deposit Unit2 1220 Security Deposit Unit3 3100 Security Deposit Unit4 2380 Sewer Public Sewer Special Assessments N Special Listing Conditions None Special Service Area N Tax Annual Amount 17958.65 Tax Year 2019 Tenant Pays Unit1 ElectricGasParking Tenant Pays Unit2 ElectricGasParking Tenant Pays Unit3 ElectricGasParking Tenant Pays Unit4 ElectricGasParking Total Rental Income 69540 Unit1 Rent 1725 Unit2 Rent 1125 Unit3 Rent 1755 Unit4 Rent 1190 Water Sewer Expense 2510 Water Source Lake Michigan

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of B2b Investment Properties Llc.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Littlefield Group | Keller Williams Realty. Based on information submitted to the MRED as of 2021-06-12T11:53:34.057 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    2441 Village Green Place
    Champaign IL, 61822