717 S Oak Park Avenue, Oak Park, Illinois 60304
- $580,000
- 4
- BD
- 4
- BA
- Sold Price
- $580,000
- List Price
- $565,000
- Closing Date
- May 10, 2024
- MLS#
- 12022036
- Status
- CLOSED
- Type
- Multifamily
- Subtype
- Residential Income
- Bedrooms
- 4
- Bathrooms
- 4
- County
- Cook
- City
- Oak Park
- Neighborhood
- Near Blue Line L Train
- Days On Market
- 7
Property Description
Bursting with curb appeal, this arts and crafts home has been reimagined and redesigned to embody everything you love about living in Oak Park. It captures the beautiful outdoors while living inside and offers ideal outdoor space. Some noteworthy updates within the last three years include a new addition to the rear of the home, new water service with 1.5" service from the main pipe to the house and new copper pipes were added for optimal water pressure. Sellers also added NEW two baths, two electrical panels and upgraded service, a new 3-car garage, new radiators added to the 2nd-floor kitchen and entry, windows, a rear interior staircase, plus front porch and rear balcony. The entire exterior and interior of the home were painted, and the decks were stained. New doors and closets were added. The first floor features spacious living and dining rooms, a new large kitchen with granite counters and stainless appliances, three bedrooms, two full baths, in-unit laundry, and a private covered front deck. A separate private entrance with new wide stairs leads to the 2nd floor, featuring a new kitchen with granite counters and stainless appliances, two bedrooms, two full baths, a dry bar in the living room, and in-unit laundry. The piece-de resistance is the private deck designed with an architect's eye to capture the feeling of sitting in your private tree house. The partially finished basement, with private exterior access, is ideal for converting to an owner's apartment or duplex down from the first floor to create additional family space. The basement has plumbing for a full bath and laundry room. The village redid the sewer and streets in 2020 and the alley with cobblestone in 2023. The extraordinary magic of this home is the beautiful side and back yards, which are ideal for garden lovers, kids playing, etc. This ideal location is steps from Fox Park, restaurants, entertainment, grocery stores, the Blue Line, easy access to I-290, and 1 mile to Metra. An investment opportunity like this doesn't come along often, living quietly among the other single-family homes while generating income. Live in one unit while renting out the other or duplex to create a fantastic owner's suite. Use the basement as storage for both units, or finish renovating the basement and capitalize on your investment by renting out all three units. Create a one-of-a-kind single-family home encompassing separate in-law arrangements or private living. The possibilities are endless and bountiful. The top floor has been rented steadily and furnished for $2,800 a month. The 1st floor has been rented since conception for consecutive years, with long-term tenancy, at $2,650 monthly. The schools include Abraham Lincoln Elementary, Gwendolyn Brooks Middle, and Oak Park River Forest High. See additional information for detailed update sheet. PLEASE READ BROKER REMARKS FOR SHOWING INSTRUCTIONS FIRST FLOOR IS TENANT OCCUPIED. PLEASE DO NOT WALK PROPERTY. Thank you for understanding.
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Additional Information
- School District
- 200
- Elementary School
- Abraham Lincoln Elementary Schoo
- Middle School
- Gwendolyn Brooks Middle School
- High School
- Oak Park & River Forest High Sch
- Corporate Limits
- Oak Park
- Tax Year
- 2021
- Tax Amount
- $17,228
- Year Built
- 1917
- Lot Dimensions
- 50 X 125
- Lot Size Range
- Oversized Chicago Lot
- Units
- 2
- Garage Spaces
- 3
- Parking Spaces
- 7
- Parking Details
- Garage Door Opener, On Site, Garage Owned, Detached, Alley Access, Owned, Garage
- Heating
- Steam, Radiator(s)
- Sewer
- Public Sewer
- Basement
- Yes
Mortgage Calculator
Listings courtesy of Midwest Real Estate Data as distributed by MLS Grid
Selling Office: Baird & Warner.
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