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$5,899,999 For Sale

612 Harrison Street
Oak Park, IL 60304

34 units | Multi Family Home - MLS# 10106074
Property Photo
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Description

34-unit condo deconversion sale of elegant vintage building in Oak Park built in 1927 and rehabbed/converted to condos in 2002. Property has been meticulously maintained by owners and there is no deferred maintenance (roof replaced and tuck-pointing done in 2017). Ideal location for commuters just off I-290 and step from 2 CTA Blue Line stops. Building consists of 28 1BD units, 3 Studios, and 3 2BD units. There is also a T-Mobile antenna lease on the roof that runs until 2050. Building shows amazingly well and majority of the owners are on board with the deconversion sale.

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: 34 units
  • # of Parking Spaces: 28
  • Zoning: MULTI
  • # Of Bdrms - Unit 1: 1
  • # Of Bdrms - Unit 3: 2
  • # Of Dishwashers: 29
  • # Of Dryers: 24
  • # Of Full Bthrms - Type 1: 1
  • # Of Full Bthrms - Type 2: 1
  • # Of Full Bthrms - Type 3: 1
  • # Of Ranges: 34
  • # Of Refrigs: 34
  • # Of Rooms - Unit 1: 4 Rooms
  • # Of Rooms - Unit 2: 3 Rooms
  • # Of Rooms - Unit 3: 5 Rooms
  • # Of Stories: 3
  • # Of Units - Apt. Type 1: 28
  • # Of Units - Apt. Type 2: 3
  • # Of Units - Apt. Type 3: 3
  • # Of Washers: 24
  • Air Conditioning: Window Unit/S
  • Approximate Age: Older
  • Built Before 1978 (Y/N): Yes
  • Construction: Brick
  • Electric Expense Source: $
  • Electricity Expense: $2,659
  • Exterior Building Type: Brick
  • Fuel Expense: $10,596
  • Fuel Expense Source: $
  • Gross Rent Multiplier: 11.2
  • Heat/Ventilation: Central Bldg Heat
  • Insurance Expense: $10,312
  • Janitor Expense: $5,053
  • Janitor Expense Source: $
  • Lot Dimensions: 75X125
  • Monthly Income - 1: $1,000
  • Monthly Income - 2: $950
  • Monthly Income - 3: $1,375
  • Monthly Income Max - 1: $1,300
  • Monthly Income Max - 2: $1,050
  • Monthly Income Max - 3: $1,375
  • Net Operating Income Year: $2,018
  • Other Expense Source: $
  • Other Expenses: $41,384
  • Outdoor Parking: 19-30 Spaces
  • Repairs-Decor Expense: $26,442
  • Repairs-Decor Expense Source: $
  • Tax Year: 2017
  • Taxes: $59,500
  • Tenant Pays: Electric
  • Total Annual Exp: 169003
  • Total Annual Income: $546,075
  • Total Monthly Income: $45,506
  • Township: Oak Park
  • Type Multi-Family: Courtyard
  • Water Expense: $9,827
  • Water Expense Source: $
Courtesy of Pearson Realty Group

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Illinois Real Estate Partners | 630-560-1001 | Contact Us
1s443 Summit Ave Suite 304b - Oakbrook Terrace, IL 60181
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