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427 Wisconsin Avenue Oak Park, IL 60302 Multi Unit - Multiple New

New - 10 Hours Ago
  • 427 Wisconsin Avenue , Oak Park, IL 60302 Main Photo

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Description

This versatile 2-unit property offers flexibility for a variety of living arrangements and is zoned to allow either multi-unit or single-family use. On taxes property is a single family, but per city the zoning allows for multifamily use. Buyer should confirm with the city to make sure they can do with the city on what they want to do with property. Currently owner-occupied with no tenants in place, the home presents a unique opportunity for someone looking to customize the space to fit their needs. The main level features 2 bedrooms and 1 full bath, while the upper level includes 3 bedrooms, a finished half bath, and space for a potential full bath. Renovations are underway upstairs, with gas and plumbing already in place for a kitchen and bath if desired, providing the option to complete it as a separate unit or easily reimagine the layout back into a spacious single-family home. High ceilings throughout add to the sense of space and character, and a full unfinished basement offers additional storage and future possibilities. The property includes separate electric meters, with shared gas and water, and offers rear parking with 1 space currently rented by the owner. Outside, you'll find a good-sized yard and a large back deck, perfect for enjoying outdoor space. Conveniently located near I-290 and the Oak Park Metra station, this property provides easy access for commuters while still offering comfortable neighborhood living. This sale is based on the completion of a prior transaction.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 5
Bathrooms: 3
County: Cook
High School: Oak Park & River Forest High Sch
Listed By:
O'Neil Property Group, LLC 630-425-8815
MRED MLS
$549,900
Est. $3,492/mo
5beds
3baths
New to the Market New
BEDS5 BATHS3 full MLS#12582008
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 200

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427 Wisconsin Avenue , Oak Park, IL 60302.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $549,900$549,900$549,900
Down Payment $109,980$19,247$137,475
Monthly Mortgage Amount $2,567$3,151$3,288
Taxes $765$765$765
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$242$0
Monthly Estimated Total $3,492$4,318$4,213

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