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212 S Oak Park Ave
Oak Park, IL 60302
Pleasant Oak Apartments · Multifamily Property For Sale
·
51 Units
Investment Highlights
- Phenomenal Oak Park Location, Steps to Restaurants, Bars and Shops
- Significant Upside Remaining
- 2023 Assessed Value Successfully Reduced 39%
- 7.1% Cap Rate and 8.92 GRM
- 18-22% Rental Increase for Rehabbed Units
- Property Situated .2 Miles South of Oak Park Green Line, .4 Miles of Metra
Property Facts
| No. Units | 51 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 32,760 SF |
| Property Subtype | Apartment | Average Occupancy | 94% |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | C | Year Built | 1928 |
| Zoning | R-7, Oak Park | ||
| No. Units | 51 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 32,760 SF |
| Average Occupancy | 94% |
| No. Stories | 4 |
| Year Built | 1928 |
| Zoning | R-7, Oak Park |
Amenities
Unit Amenities
- Cable Ready
- Heating
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Intercom
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Security System
- Tenant Controlled HVAC
- Storage Space
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 35 | - | 500 |
| 1+1 | 16 | - | 650 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $327,983 | |
| Land Assessment | $13,663 | Total Assessment | $341,646 |
Property Taxes
Parcel Numbers
Land Assessment
$13,663
Improvements Assessment
$327,983
Total Assessment
$341,646
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