Essex Lists 104-Unit Multifamily Portfolio in Oak Park

CHICAGO, ILLINOIS— Essex Realty Group, Inc., a Chicago-based multifamily brokerage firm, 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.