CLOSED – MULTI-FAMILY
922-924 Ontario Street Oak Park, IL 60302
PRICE
Call for details
NUMBER OF UNITS
13
PROPERTY LISTED

Essex Realty Group, Inc. has been exclusively engaged to market for sale 922-924 Ontario Street a thirteen unit condominium building located in the suburb of Oak Park, situated just outside of the City of Chicago. Per Section 15 of the Illinois Condominium Act, Essex has been engaged to represent the 922-924 Ontario Association in the sale of all condominium units.

The unit mix consists of thirteen 1 bed/1 bath units, one of which is a garden unit. Each unit features granite countertops, and stainless steel appliances, plus in-unit laundry. The current units are large with separate kitchen, living and dining areas, a new owner has the opportunity to create a second bedroom for tier 922 South, as well as an additional den area for tier 924 South in order to increase rental income.

LOCATION DETAILS

922-924 Ontario sits in a phenomenal location just a block north of the popular Lake Street Retail Corridor in Downtown Oak Park. Additionally, the property is less than 10 minutes walking distance from the Oak Park Green Line CTA Station, and 6 minutes walking distance to the Oak Park Metra Station providing tenants with plenty of public transportation options.

HIGHLIGHTS
  • Closed in just 4 Months after Initial Meeting
  • Condo Building in a Prime Location One Block from the Heart of Downtown Oak Park
  • Value Add Opportunity - Convert from 1 Bedroom to 2 Bedroom Units
  • Modern, Well Maintained Renovated Units that will Command Market Rent
  • Currently 61% Occupied by Rental Tenants
  • 6 Minute Walk to Oak Park Metra Station & 9 Minute Walk to Harlem CTA Station
LISTING BROKERS
Jim Darrow
Principal
773.305.4920
Jordan Gottlieb
Principal
773.305.4922