1028 North Austin Boulevard

Oak Park, IL 60302

$850,000
Price
10
Beds
6
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

A six-unit, modern building located in Oak Park, Illinois. Noted for its quality housing stock and schools, Oak Park is a model community which provides a wide range of community services to residents within close proximity to the city of Chicago. Oak Park is approximately 10 miles from Chicago's downtown Loop and is one of the most sought-after suburbs for homeowners and renters. Oak Park's unique mix of diversity, community, world-famous architecture, upscale neighborhoods and commerce make it...A six-unit, modern building located in Oak Park, Illinois. Noted for its quality housing stock and schools, Oak Park is a model community which provides a wide range of community services to residents within close proximity to the city of Chicago. Oak Park is approximately 10 miles from Chicago's downtown Loop and is one of the most sought-after suburbs for homeowners and renters. Oak Park's unique mix of diversity, community, world-famous architecture, upscale neighborhoods and commerce make it an ideal location to own rental property. The subject property consists of two one-bedroom / one-bathroom garden units (approximately 650 square feet) and four two-bedroom / one-bathroom units (approximately 820 square feet). Over the last several years, all six units have been gut-renovated with newer bathroom vanities, subway tile surrounds, newer kitchen cabinetry, laminate countertops, subway tile backsplashes, and stainless steel GE appliance packages. Each unit has an eat-in kitchen and the units on the west side of the building feature a breakfast bar. The hardwood flooring has all been refinished and each unit contains a stackable GE washer and dryer. Throughout the building, the electrical has been upgraded and the units receive 400 amp service, in addition to all copper plumbing. Other improvements to the property include a renovated roof, all new windows, sidewalks and parking lot, which contains five income-generating spaces. This investment is an opportunity for a new investor to acquire a renovated multifamily property in a strong and desirable Oak Park rental market. Through continued strong management a new owner has the potential to achieve consistent cash flow and returns.
  1. Listed by Brigette Bell • B2B Investment Properties LLC

Property Details for 1028 North Austin Boulevard

Area
Oak Park
LISTING UPDATED: 01/14/2025 02:05 AM

Property Details for 1028 North Austin Boulevard

StatusNew
MLS #12269765
Days on Market3
Taxes$18,034 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Garden Complex
Year Built1962
Lot Size0.14 AC / 6,300 SF
CountyCook County

Building Information for 1028 North Austin Boulevard

Stories2Residences6Year Built1962Building Size-Lot Size0.14 AC / 6,300 SF

Property Information for 1028 North Austin Boulevard

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Wall Sleeve
  • Electric: Service - 201 to 600 Amps
  • # Of Washers: 6
  • Basement Description: Partially Finished
  • Heat/Ventilation: Hot Water
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: No
  • # Of Dryers: 6
  • # Of Dishwashers: 6
  • Num of Baths: 6.0
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Garden Complex
  • Lot Dimensions: 0.14
  • Lot Size Square Feet: 6300.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Structure: Flat
  • Building Area Total: 4580
  • Lot Size Source: County Records
  • # Of Ranges: 6
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 16
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $645.00
  • Fuel Expense: $2,973.00
  • Gross Income: $113,520.00
  • Gross Scheduled Income: $113,520.00
  • Insurance Expense: $3,403.00
  • Maintenance Expense: $4,800.00
  • Manager Expense: $5,657.00
  • Janitor Expense: 0
  • Total Monthly Income: 9460
  • Net Operating Income: $61,242.00
  • Operating Expense: $51,907.00
  • Other Expense: $9,317.00
  • Trash Expense: $1,045.00
  • Water Sewer Expense: $6,033.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 2
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 4
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 1028 North Austin Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1028 North Austin Boulevard

Taxable ValueLand$7,087Additions$32,822Total$39,909
Tax Record2022$15,325 ($1,277 / month)
Home Facts
Baths6Total Finished SqFt4,028 SqFtAbove Grade Finished SqFt4,028 SqFtStories2Lot Size6,300 SqFtStyleMulti-Family Res (5+ Units)Year Built1962CountyCOOKAPN16-05-314-023

Schools near 1028 North Austin Boulevard

This home is within Oak Park - River Forest School District 200.
Rating
School
Type
Grades
Distance
Whittier Elementary School
Public - PK to 5
Gwendolyn Brooks Middle School
Public - 6 to 8
Oak Park & River Forest High School
Public - 9 to 12
Austin Career Education Center
Private - 10 to 12
Rating
School
Distance
Whittier Elementary School
PublicPK to 5

Gwendolyn Brooks Middle School
Public6 to 8

Oak Park & River Forest High School
Public9 to 12

Austin Career Education Center
Private10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1028 North Austin Boulevard, Oak Park, IL 60302

1028 North Austin Boulevard is a multi-family home for sale in Oak Park, IL 60302. This property was listed for sale on January 13, 2025 by B2B Investment Properties LLC, it's currently listed at $850,000. This listing's school districts are Oak Park - River Forest School District 200, Oak Park Esd 97 School District. Nearby schools include Whittier Elementary School, Gwendolyn Brooks Middle School and Oak Park & River Forest High School. 1028 North Austin Boulevard is a 10-bed, 6-bath, multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of B2B Investment Properties LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 01/14/2025 02:05 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.