Thome Homes
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- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Rare opportunity to own a beautifully renovated two-flat in highly sought-after North Oak Park and the Mann School District! Situated on an exceptionally large 50' x 191' lot, two massive units offer incredible living space, original architectural character, and extensive updates - an exceptional opportunity for a long-term investor or owner-occupant. This easy to rent and low-maintenance building with a prime walkable location has undergone extensive renovations and improvements since 2015, thoughtfully preserving its hardwood floors, rich woodwork, coffered ceilings, and leaded glass while updating kitchens, baths, mechanicals, and living spaces. With 8 bedrooms and 4 full baths across two spacious residences and a finished lower level, the property offers generous, flexible living space and an unusually substantial footprint for an Oak Park two-flat. The oversized lot offers a large backyard, brick paver patio, two-car garage, and additional exterior parking space - an exceptional amount of outdoor space for a multi-unit property. Located in the Mann School District and within walking distance of Oak Park Avenue, with easy access to shops, restaurants, parks, schools, and all that Oak Park has to offer. A rare combination of location, lot size, architectural character, extensive renovation, and strong income potential.
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:
Baird & Warner
312-242-1000
MRED MLS
MLS ID: 12733311
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625 N Oak Park Avenue, Oak Park, IL 60302.
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| Loan Type | FHA 30 Year Fixed | 15 Year Fixed | VA 30 year fixed |
| Purchase Price | $1,100,000 | $1,100,000 | $1,100,000 |
| Down Payment | $38,500 | $275,000 | $0 |
| Monthly Mortgage Amount | $6,738 | $6,906 | $7,102 |
| Taxes | $1531 | $1531 | $1531 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $660 | $0 | $0 |
| Monthly Estimated Total | $9,250 | $8,758 | $8,954 |
Thome Homes
Caroline Thome & Michael Thome
Cell: (319) 363-5289
Licensed in IA
Cedar Rapids Office
5805 Council St. NE
Suite A
Cedar Rapids, IA 52402
(319) 373-7845
Suite A
Cedar Rapids, IA 52402
(319) 373-7845
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