ON MARKET – MULTI-FAMILY
102 West Washington Boulevard Oak Park, IL 60302
PRICE
$1,675,000
NUMBER OF UNITS
8
CAP RATE
6.27%
PROPERTY LISTED

Essex Realty Group, Inc. has been exclusively engaged to market for sale 102 West Washington Boulevard, an eight unit apartment building located in the suburb of Oak Park, situated just outside of the City of Chicago. The property features four 2 Bed/1 Baths, two 3 Bed/2 Baths, and two 4 Bed/2 Bath apartments. All of the apartment units and building systems including the roof, electrical system, and plumbing were renovated in approximately 2010. The units feature stacked washer/dryer in-unit.

The property is located on the northwest corner of Washington Blvd and South Taylor Avenue and situated roughly one half mile from the Austin CTA Station which services the Green Line to Chicago's Loop.

LOCATION DETAILS

The Village of Oak Park is located approximately 10 miles outside Chicago's Loop and immediately West of the City of Chicago. Oak Park is a popular destination for many individuals and families to live to due to the close proximity to the city, and the numerous transportation options that service the city, including the CTA Blue Line and Green Line, as well as the Metra Union Pacific-West (UP-W) line.

HIGHLIGHTS
  • 8 Large Condo Quality Apartment Units with In-Unit Laundry
  • 9.91 GRM on Current SGI
  • 2010 Renovation of all Major Building Systems and Apartments
  • Unit Mix Includes Large 2, 3 & 4 Bedroom Apartments
  • Under-Market Rents
  • Stable, Passive Investment
  • Prime Location Near Transportation, Shops, and Dining Options in Oak Park
LISTING BROKERS
Jim Darrow
Principal
773.305.4920
Jordan Gottlieb
Principal
773.305.4922