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534 S East Avenue Oak Park, IL 60304 Multi Unit - Multiple Active

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Description

Welcome to 534 S East Ave, Oak Park, IL - an outstanding multi-family property on a double lot offering endless potential for investors or owner-occupants alike. Experience an unparalleled blend of high-end design and investment versatility in this meticulously maintained multi-unit residence. The crown jewel of the property is the owner's duplex, a sprawling five-bedroom, three-bathroom sanctuary that has been elegantly curated with designer finishes. At its heart sits a gourmet chef's kitchen, perfectly complemented by soaring ceilings and rich hardwood floors that flow throughout the entire building. The second floor offers a spacious three-bedroom, one-bathroom apartment with in unit laundry ideal for high-end rental income or a multi-generational living arrangement. With expansive closet space and premium architectural details, this property represents a rare opportunity for the discerning buyer looking to secure a sophisticated home with significant equity potential. Located in a sought-after area of Oak Park, this property places you in the heart of a vibrant community with access to local amenities, shopping, dining, and entertainment. The charm and character of the neighborhood are unmatched, perfectly complementing the appeal of this versatile unique residence.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 8
Bathrooms: 4
County: Cook
High School: Oak Park & River Forest High Sch
Listed By:
Compass 708-771-8040
MRED MLS
$1,200,000
Est. $8,088/mo
8beds
4baths
2cars
Active
BEDS8 BATHS4 full MLS#12726266
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 200

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534 S East Avenue, Oak Park, IL 60304.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,200,000$1,200,000$1,200,000
Down Payment $42,000$0$240,000
Monthly Mortgage Amount $7,351$7,748$6,068
Taxes $1670$1670$1670
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $720$0$0
Monthly Estimated Total $10,091$9,768$8,088

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