Property Overview
Interra Realty has been exclusively engaged to market for sale the multifamily property located at 312 N Austin Blvd in Oak Park, IL. The property consists of ten (10) total units. Eight (8) units are 1 bed/1 bath units, and the remaining two (2) units are 2 bed/1 bath garden units. All of the units have gone through a
gut rehab and now include high-end finishes, vinyl plank flooring, in-unit laundry, electric heat and wall sleeve A/C units.
The property has been renovated from the studs and extensive capital improvements have been completed. Current ownership replaced the framing, roof, and windows. They have also upgraded the electric system with new 1200 amps service and meters, added a fire alarm and sprinkler system, and added new exterior entry doors with electronic keypads. The plumbing has been replaced and a new 4-inch water main line for domestic and sprinkler water was added. On the exterior, current ownership added new fascia, gutters, downspouts, sidewalks, and stoops.
Highlights
- Desirable Submarket, Located in Oak Park, a stable, supplyconstrained
rental market - Full Renovation Includes all new electrical (1200 amps), plumbing,
water service, Luxury Units - 100% Pre Leased, Proven High Demand Product
- Ample Parking: 10 rear surface parking spaces included – one per unit
- Walkable Location: Only 0.1 miles to CTA Green Line stop and multiple
bus routes