722-726 N. Austin Blvd.

Property Overview

Interra Realty has been exclusively engaged to market for sale 722-726 N Austin Blvd located in Oak Park, Illinois. The offering consists of a 4-story, 19-unit apartment building in the village of Oak Park with 4 garage parking spaces. The property is situated 10 miles west of the downtown Chicago Loop. The area provides convenient access to surrounding suburbs and downtown Chicago via Interstate 290. The CTA Austin Green Line is located 5 blocks south and
the pace bus stops are conveniently located nearby.

The unit mix is comprised of small and large one-bedroom and two-bedroom layouts. Half of the building is newly wired and the steam boiler was replaced in the past 5 years.

The offering presents qualified investors the unique opportunity to acquire a rarely available walk-up apartment building in Oak Park. A future owner could capture enhanced revenue through a cosmetic renovation plan or continue to operate the property as-is.

Highlights

  • Great Oak Park Location, Near West Suburban Medical Center
  • Close Proximity to Public Transportation and Highways
  • Affordable Rents in a Highly Desirable Rental Market
  • Four Garage Parking Spaces

Key Details

Transaction Date
2024
Submarket
Oak Park
Number of Units
Nineteen (19)