Essex Lists 104-Unit Multifamily Portfolio in Oak Park

CHICAGO, ILLINOIS— Essex Realty Group, Inc., one of the top Chicago Real Estate Investment firms, has been exclusively engaged to market for sale two mid-rise properties located in Oak Park, Illinois: 922 North Blvd. and 930 North Blvd., situated just down the street from each other.

922 North Blvd. is a 56-unit building consisting of twenty-eight (28) 1-bedroom units, twenty-two (22) 2-bedroom units, and a large parking lot offering both covered and uncovered parking spaces. The building also offers deluxe amenities including a fitness center, elevator, and a rooftop lounge with city views. 930 North Blvd. is a 48-unit building consisting of twenty-four (24) 1-bedroom units and twenty-four (24) 2-bathroom units, as well as a covered parking lot.

The Village of Oak Park, a historic community located just nine miles west of downtown Chicago, offers a desirable living option for commuters seeking to reside just outside city limits.

These buildings are conveniently located near Oak Park’s vibrant downtown district, providing tenants easy access to a variety of restaurants, shops, and entertainment options. Additionally, the properties are ideally situated within 300 feet of the Oak Park Metra Station and two CTA Green Line Stops (Harlem/Lake and Oak Park), with the I-90/94 expressways nearby, facilitating easy access to Chicago’s city center and surrounding suburbs.

Listed by Essex Managing Director, Brian Karmowski, both properties have undergone a series of extensive renovations and feature new appliances in every unit, including in-unit washer/dryers, as well as updated bathroom and kitchen equipment. Fully ready for occupancy, these buildings offer a turn-key investment with minimal management required. The combination of prime location, growing rental demand, and substantial renovations makes this a compelling investment opportunity.

“922 & 930 North Blvd provide an investor with the rare opportunity to acquire 100+ units in the heart of Oak Park. Current ownership has spent over $7,700,000 in property improvements since 2019, presenting a true turn-key operation for the next owner”, said listing broker, Brian Karmowski.