Newer windows throughoutBeautifully reimagined front porchUpdated lightingNewer quartz countertopsStainless steel appliances
Welcome to this timeless Greystone Two Flat, ideally situated in the prestigious Frank Lloyd Wright Historic District within the heart of Downtown Oak Park, where historic elegance meets modern opportunity. This exceptional property blends enduring architectural character with thoughtful updates, making it an outstanding opportunity for both owner-occupants and investors. The first floor unit has been tastefully refreshed with new interior paint all throughout, newer quartz countertops, stainless steel appliances, updated lighting, two spacious bedrooms, a beautifully appointed full bath, and a heated rear sunroom that serves as the perfect den retreat and/or an office/entertaining space. The second floor unit offers an equally inviting floor plan featuring two spacious bedrooms, a full bath, and an elegant front flex room that can be suited as a home office, library, sitting room, or additional living space and its heated rear sunroom creates yet another warm and versatile setting while preserving the home's original architectural charm. Every detail reflects pride of ownership. Additional highlights include newer windows throughout, hardwood floors throughout both units, separate utilities, an unfinished basement offering generous storage along with a washer and dryer for owner/tenant convenience and a beautifully reimagined front porch that welcomes relaxation, guests and seamless curb appeal. One of the property's most extraordinary features is its three private exterior parking spaces, located to side of the home, a true luxury in this coveted neighborhood and the only property on the block to offer dedicated parking. Whether envisioned as an owner-occupied investment, an elegant multigenerational residence, or a premier addition to a real estate portfolio, the possibilities are remarkable. Live in one residence while generating rental income from the other, or maximize returns with both units. The second-floor is occupied by a long-term tenant paying below market rent, presenting immediate value add potential. Both units offer the opportunity to command rental income approaching $2,400 per month, creating an attractive investment profile in one of Chicagoland's most sought after communities. Perfectly positioned in the vibrant heart of Downtown Oak Park, residents enjoy an irreplaceable location and walkable lifestyle surrounded by acclaimed restaurants, boutique shopping, artisan cafes, wellness studios, entertainment, neighborhood parks, and everyday conveniences. Proximity to Downtown Forest Park, the CTA Green Line, Metra, and an effortless commute to Downtown Chicago place the very best of the city and suburbs within easy reach. This is more than a two-flat. It is an opportunity to own an enduring piece of Oak Park's architectural legacy while embracing the lifestyle that one of Chicagoland's most desirable historic neighborhoods has to offer. Schedule your private showing today! Multiple offers received!
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Zillow last checked:
Listing updated:
Listed by:
Patrick Teague773-631-8300,
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12699273
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Rooms
Room types: Den, Enclosed Porch
Heating
Steam, Radiator(s)
Features
Basement: Unfinished,Full
Property
Parking
Total spaces: 3
Parking features: Yes, Owned
Lot
Size: 2,190 Square Feet
Details
Parcel number: 16071130010000
Zoning: MULTI
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Architectural style: Greystone
Property subtype: Multi Family
Materials
Brick
Condition
New construction: No
Year built: 1914
Major remodel year: 2023
Utilities & green energy
Sewer: Public Sewer
Water: Lake Michigan
Community & HOA
Community
Features: Sidewalks, Street Lights, Street Paved
Location
Region: Oak Park
Financial & listing details
Tax assessed value: $460,000
Annual tax amount: $15,646
Date on market: 7/23/2026
Ownership: Fee Simple
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/28/2026
Contingent
$599,000
Source: MRED as distributed by MLS GRID #12699273Report a problem
7/23/2026
Listed for sale
$599,000+20.8%
Source: MRED as distributed by MLS GRID #12699273Report a problem
9/28/2021
Sold
$496,000-0.8%
Source: MRED as distributed by MLS GRID #11158590Report a problem
8/24/2021
Pending sale
$499,900
Source: MRED as distributed by MLS GRID #11158590Report a problem
8/4/2021
Contingent
$499,900
Source: MRED as distributed by MLS GRID #11158590Report a problem
7/16/2021
Listed for sale
$499,900+119.3%
Source: MRED as distributed by MLS GRID #11158590Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.