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Listing 18 out of 274
$989,000 For Sale

315 Harrison Street
Oak Park, IL 60304

6 units | Multi Family Home
6098 sq ft - MLS# 10094560
Property Photo
1/11

Description

Vintage 6 unit building located in the Harrison Arts District. Convenient Oak Park location with easy access to schools, shopping, transportation, and walking distance to blue line "L" train @ Lombard Ave. New rear staircase, windows, boiler, and lentil replacement. Enclosed back yard ideal for additional entertaining space. 3 1 bedroom 1 bath units, 2 2 bedroom 1 bath units and 1 4 bedroom 2 bath duplex unit. All units have enclosed rear porch ideal for additional living/storage space. 3 of 6 units are below market rent. Easy to install coin operated laundry in basement. Laundry currently exists but not coin operated. Many long term tenants. Common hallways and 4 of 6 units have been updated. 4 car brick garage.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family 5+
  • Listing Status: Active
  • County/Area: Cook County
  • Zip Code: 60304
  • Year Built: 1927
  • Units: 6 units
  • Basement: Unfinished, Exterior Access
  • # of Parking Spaces: 4
  • Fireplace: 1
  • Lot Size: 6098 sq ft
  • Pool or Spa: Hot Tub, See Outdoor Parking
  • Zoning: MULTI
  • # Of Bdrms - Type 5: 2
  • # Of Bdrms - Type 6: 4
  • # Of Bdrms - Unit 1: 1
  • # Of Bdrms - Unit 2: 1
  • # Of Bdrms - Unit 3: 1
  • # Of Bdrms - Unit 4: 2
  • # Of Dishwashers: 1
  • # Of Dryers: 1
  • # Of Full Bthrms - Type 1: 1
  • # Of Full Bthrms - Type 2: 1
  • # Of Full Bthrms - Type 3: 1
  • # Of Full Bthrms - Type 4: 1
  • # Of Full Bthrms - Type 5: 1
  • # Of Full Bthrms - Type 6: 2
  • # Of Ranges: 6
  • # Of Refrigs: 6
  • # Of Rooms - Type 5: 6
  • # Of Rooms - Type 6: 8
  • # Of Rooms - Unit 1: 5 Rooms
  • # Of Rooms - Unit 2: 5 Rooms
  • # Of Rooms - Unit 3: 5 Rooms
  • # Of Rooms - Unit 4: 6 Rooms
  • # Of Stories: 3
  • # Of Units - Apt. Type 1: 1
  • # Of Units - Apt. Type 2: 1
  • # Of Units - Apt. Type 3: 1
  • # Of Units - Apt. Type 4: 1
  • # Of Units - Apt. Type 5: 1
  • # Of Units - Apt. Type 6: 1
  • # Of Washers: 1
  • Approximate Age: Older
  • Built Before 1978 (Y/N): Yes
  • Construction: Other/Unknown
  • Current Use: Residential-Multi-Family
  • Electric Expense Source: $
  • Electrical Service: Circuit Breakers
  • Electricity Expense: $649
  • Exterior Building Type: Brick
  • Foundation: Concrete
  • Frontage/Access: City Street
  • Fuel Expense: $4,174
  • Fuel Expense Source: $
  • Gross Rent Multiplier: 10.4
  • Heat/Ventilation: Gas, Hot Water, Radiators
  • Indoor Parking: 1-5 Spaces
  • Insurance Expense: $3,142
  • Janitor Expense: $1,040
  • Janitor Expense Source: $
  • Lot Dimensions: 50 X 125
  • Monthly Income - 1: $1,000
  • Monthly Income - 2: $1,000
  • Monthly Income - 3: $1,150
  • Monthly Income - 4: $1,530
  • Monthly Income - 5: $1,530
  • Monthly Income - 6: $1,900
  • Monthly Income Max - 1: $1,400
  • Monthly Income Max - 2: $1,400
  • Monthly Income Max - 3: $1,400
  • Monthly Income Max - 4: $1,750
  • Monthly Income Max - 5: $1,750
  • Monthly Income Max - 6: $2,300
  • Net Operating Income Year: $2,018
  • Outdoor Parking: 1-5 Spaces, Fee Parking
  • Potential Use: Condominium, Residential-Multi-Family
  • Roof Structure: Flat
  • Tax Year: 2017
  • Taxes: $24,428
  • Tenant Pays: Electric
  • Total Annual Exp: 16905
  • Total Annual Income: $94,500
  • Total Monthly Income: $7,885
  • Township: Oak Park
  • Type Multi-Family: Corridor-Exterior Entrance
  • Water Expense: $4,458
  • Water Expense Source: $
Courtesy of Re/Max In The Village Realtors

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