Investment Properties For Sale in Oak Park, IL

By
Real Estate Agent with RE/MAX in the Village, Realtors

Investment Properties For Sale in Oak Park, IL

Oak Park Multi-Units

As of 11/26/12, there are 20 investment properties for sale in Oak Park, IL, ranging in price from $229,000 up to $899,799.  Click here to see up-to-date inventory!

My favorite of the bunch is a gorgeous Victorian 4-flat (all 1 bedroom units) offered on short sale for only $385,000!

Did you know that if you plan to live in one of the units yourself, you may qualify for FHA financing on a property that has up to 4 units for as little as 3.5% down payment?

There's a huge demand for rental housing in Oak Park as well!  1BR units are renting in the range of $650-$1700, 2BR's for $950-$2500, and 3BR's for $1100-$2800!

If you'd rather not go through the process to find tenants for your investment, don't worry -- we will handle that for you!  From marketing to showings to application processing as well as running credit & background checks, you can rest assured knowing that we'll help you find responsible tenants.

Don't live in the area? Don't want to be bothered with day-to-day tenant and maintenance problems?  We've got a solution for that too: a trusted property manager who will handle all of the details for you so that you can sit back and collect the rent checks.

Check out the available investment properties now!

 

Posted by

Laurie Christofano, Realtor

ABOUT THE AUTHOR: Laurie Christofano has been a real estate broker since falling into the field in 2007 upon deciding to leave medical school. Passionate about local architecture and determined to make a living "helping people" (as she set out to do since deciding to become a doctor; albeit she's now helping with a different but also important aspect of people's lives), she's worked with buyers, sellers & renters all over Chicago's city & suburbs. Proud member of The Pych Team @ RE/MAX In The Village, Your #1 Pick! Learn more: http://traffic.libsyn.com/brianplain/TAA020.mp3

Find out how much your Chicago area home is worth in today's market:
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