245 South Maple Avenue

Oak Park, IL 60302

$785,000
Last Sold Price
6
Beds
3
Baths
3,900 Sq. Ft.
$201 / Sq. Ft.
3,900
Sq. Ft.
$201
per Sq. Ft.

Description

A vintage three-unit apartment building located at 245 South Maple Avenue in Oak Park, Illinois. Residents for this property are only a few blocks from a CTA Stop, and within close proximity to all of downtown Oak Park. Situated in a west Oak Park location, the subject property is close to downtown Oak Park (approximately one-half mile) and the CTA Blue Line Harlem/Lake station (approximately two blocks). Consisting of three two-bedroom / one-bathroom unit (approximately 1,300 square feet), these...A vintage three-unit apartment building located at 245 South Maple Avenue in Oak Park, Illinois. Residents for this property are only a few blocks from a CTA Stop, and within close proximity to all of downtown Oak Park. Situated in a west Oak Park location, the subject property is close to downtown Oak Park (approximately one-half mile) and the CTA Blue Line Harlem/Lake station (approximately two blocks). Consisting of three two-bedroom / one-bathroom unit (approximately 1,300 square feet), these units offer very large layouts with upgraded finishes and hardwood floors. Recent capital improvements include all new windows in 2021, tuckpointing in 2020, new roof and hot water heater in 2019 and new plumbing risers in 2017. On-site, there is a coin-operated laundry room and a detached three car garage. Here, an investor has an opportunity to acquire a stable property in a Chicago suburb. This property fits well as a stand-alone property or within a portfolio.
  1. Listed by Brigette Bell • B2B Investment Properties LLC

Sold By Amis Real Estate,, Inc.

Property Details for 245 South Maple Avenue

Area
Oak Park
Township
Oak Park
Ownership
Fee Simple
Num Of Garage Spaces
3.0
Num Of Cars
3.0
Parking Included in Price
Yes
Heat/Fuel
Hot Water/Steam
Zoning
MULTI

Location

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LISTING UPDATED: 05/11/2023 02:22 PM

Property Details for 245 South Maple Avenue

StatusClosed
MLS #11701606
Days on Market115
Taxes$17,429 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1924
Lot Size0.16 AC / 6,969 SF
CountyCook County

Location

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Building Information for 245 South Maple Avenue

Stories-Residences3Year Built1924Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$5,736 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,284

Property Taxes

$1,452

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 245 South Maple Avenue

General Information
School Information
  • Elementary School District: 97
  • High School District: 200
  • Middle Or Junior School District: 97
Addtl Parking Information
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 18
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 6
  • Basement Description: Unfinished
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Room Type: Enclosed Porch, Sun Room
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 6,800 SF
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Flat
  • General Information: School Bus Service,Commuter Train,Interstate Access,Historical District
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $70,131.00
  • Other Addl Income: Coin Laundry
  • Net Operating Income: $37,611.00
  • Other Expenses $: 36120
Unit 1
  • Unit Type Actual Rent: $2,050.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 09/23
Unit 2
  • Unit Type Actual Rent: $2,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 05/23
Unit 3
  • Unit Type Actual Rent: $1,975.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 02/23

Property History for 245 South Maple Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 245 South Maple Avenue

Taxable ValueLand$7,650Additions$38,926Total$46,576
Tax Record2021$17,429 ($1,452 / month)
Home Facts
Baths3Total Finished SqFt4,215 SqFtAbove Grade Finished SqFt4,215 SqFtStories3Lot Size6,800 SqFtStyleMulti-Family Res (5+ Units)Year Built1924CountyCOOKAPN16-07-307-011

Schools near 245 South Maple Avenue

This home is within Oak Park - River Forest School District 200.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 6
Rating
School
Distance
Oliver W Holmes Elementary School
PublicK to 5

Gwendolyn Brooks Middle School
Public6 to 8

Oak Park & River Forest High School
Public9 to 12

The Field School
PrivatePK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Listing Courtesy of B2B Investment Properties LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 05/11/2023 02:22 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.