Exceptional investment opportunity in the heart of Oak Park! This beautiful yellow brick 2-flat at 1428 N Austin Blvd, Oak Park, IL 60302 offers tremendous value-add potential for investors, owner-occupants, and house hackers alike. Each unit features a spacious and functional 3-bedroom, 1-bathroom layout, providing strong rental appeal and comfortable living space. The property's standout feature is the full basement with a separate exterior entrance, high ceilings, and an existing bathroom, creating a rare opportunity for future expansion. Whether you're considering an in-law arrangement, duplex-down conversion, additional living space, or another creative use, the basement offers endless possibilities for the next owner to maximize the property's potential. Adding to the income-producing opportunities is a 3-car garage, which can provide additional rental income or valuable off-street parking for tenants. Located in a highly desirable Oak Park location, this property presents the perfect opportunity to build equity and increase cash flow through strategic improvements. Whether you're a seasoned investor looking to add a strong asset to your portfolio or an owner-occupant seeking the benefits of multi-unit living, this is a property you won't want to miss. Property is being sold AS-IS. Bring your vision and unlock the full potential of this true Oak Park gem!
— the listing agent’s description
The home
6 beds
3 baths
Built in 1923
Lot 27 X 140
3-car garage
Two to Four Units
What it’ll cost
$14,634 taxes / yr
No HOA
21 days on dwello
Estimated monthly payment
$3,604/mo
Principal & interest$2,260
Property taxes$1,220
Homeowners insurance$124
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In person, on your schedule — a dwello agent meets you there.
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.
Features
Natural GasRadiantRadiator(s)BrickNoneGarage Door OpenerYes
Schools
Elementary — William Hatch Elementary School
Middle — Percy Julian Middle School
High — Oak Park & River Forest High Sch
Assigned schools per the listing — always verify enrollment + boundaries with the district.