1322 N Austin Boulevard, Oak Park, IL 60302 - Photo 1

1/1

$615,000

Sold
Closed
Commercial
4,312 Sq. Ft.

1/1

Property Description

Fantastic Investment Opportunity in Oak Park! Discover this 5-unit building located in the heart of Oak Park, a vibrant community just minutes from Chicago. Each apartment offers a spacious layout with natural light. The building also features on-site laundry and dedicated storage, with potential for rental growth and long-term value. Close proximity to downtown Oak Park, which offers shopping, dining, entertainment, and cultural attractions such as the Frank Lloyd Wright Home & Studio and Ernest Hemingway Birthplace. The property is close to parks, schools, and bike-friendly streets, making the area highly desirable for renters. Whether you're an experienced investor or looking to start building your portfolio, this property offers a rare opportunity in one of Chicagoland's most sought-after rental markets.

Full Property Details

Full Property Details for 1322 N Austin Blvd

General

Sold For: $615,000
Taxes: $19,234 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12479749
Added to Site: 107 day(s) ago

Interior

Interior Features: Storage Inside, Laundry Room

Additional Information

Security/Safety: Smoke or Fire Protectors, Carbon Monoxide Detector(s)

Location

Area: Oak Park
County: Cook
Driving Directions: From 290, take S Austin Blvd exit to Building
Location Details: Mixed-Use Area

Community

Assoc. Fees Include: Water

Heating & Cooling

Cooling Type: None
Heating Type: Gas

Utilities

Water: Municipal Water

Structural Information

Construction: Brick, Concrete
Exterior Const.: Brick, Concrete
Basement Desc.: Unfinished, Cellar
Foundation: Concrete Perimeter
Roof: Tar/Gravel
Stories/Levels: 2
Square Feet: 4,312
Current Bldg. Use: Multi-Family
Year Built: 1951
Built Before 1978: Yes

Unit Information

Units w/Refrigerators: 5
Units w/Range/Oven: 5

Lot Features

Lot Size (Acres): 0.09
Lot Size (Sq. Ft.): 4,125
Lot Dimensions: 125 x 33
Frontage: City Street
Potential Use: Multi-Family
Zoning: MULTI

Financial Considerations

Operating Expenses: $44,172
Security Deposit: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Assessment Year: 1951
Tax Amount: $19,234
Tax Year: 2023
Tenant Pays: Electricity, Heat

Disclosures and Reports

Property ID: 16051200290000

Listed by Keller Williams Infinity
Sold by RE/MAX 10 Lincoln Park

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Listing agent

— 1322 N Austin Blvd —

Keller Williams Infinity

(815) 483-1470

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Schools

Schools serving 1322 N Austin Blvd

School Districts:Oak Park Elementary School District 97, Oak Park and River Forest District 200

Name	Grades	Distance
William Hatch Elementary School 1000 Ridgeland Avenue, Oak Park, IL 60302	K-5	0.4 mi
Gwendolyn Brooks Middle School 325 South Kenilworth Avenue, Oak Park, IL 60302	6-8	1.9 mi
Oak Park & River Forest High School 201 North Scoville Avenue, Oak Park, IL 60302	9-12	1.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1322 N Austin Blvd

Date

Details

Price

Change

Source

12/23/2025

Sold

$615,000

-1.6%

MLS

10/01/2025

Listed

$625,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

[Address not provided], Forest Park, IL 60130 - Photo 1

Just Listed

$475,000

[Address not provided] Forest Park, IL 60130

Multi-Family
Active
Updated 1 day ago

5
Total Beds

Listed by Andrea Bonnie Routen (708) 544-8440

7353 Madison St, Forest Park, IL 60130 - Photo 1

Just Listed

$795,000

7353 Madison St Forest Park, IL 60130

Commercial
Active
Updated 3 days ago

4,275
Sq. Ft.

314 Lathrop Ave, Forest Park, IL 60130 - Photo 1

Just Listed

$150,000

Open House

314 Lathrop Ave #407 Forest Park, IL 60130

Condo
Active
Updated 2 days ago

2
Beds
2
Total Baths
960
Sq. Ft.

215 Rockford Ave, Forest Park, IL 60130 - Photo 1

Just Listed

$499,900

Open House

215 Rockford Ave Forest Park, IL 60130

Single Family
Active
Updated 9 hours ago

3
Beds
3
Total Baths
1,173
Sq. Ft.

443 Ferdinand Ave, Forest Park, IL 60130 - Photo 1

Price Reduced

-$25,000 (-5.68%)

$414,900

443 Ferdinand Ave Forest Park, IL 60130

Single Family
Active
Updated 2 days ago

4
Beds
3
Total Baths
1,442
Sq. Ft.

7212 Jackson Blvd, Forest Park, IL 60130 - Photo 1

Price Reduced

-$2,350 (-1.54%)

$149,900

7212 Jackson Blvd #2E Forest Park, IL 60130

Condo
Active
Updated 4 days ago

1
Bed
1
Total Bath

7415 Dixon St, Forest Park, IL 60130 - Photo 1

Price Reduced

-$17,500 (-2.83%)

$600,000

7415 Dixon St Forest Park, IL 60130

Multi-Family
Active
Updated 1 day ago

5
Total Beds

6444 28th Pl, Berwyn, IL 60402 - Photo 1

Price Reduced

-$10,000 (-2.27%)

$429,999

6444 28th Pl Berwyn, IL 60402

Single Family
Active
Updated 4 days ago

4
Beds
2
Total Baths

10 Le Moyne Pkwy, Oak Park, IL 60302 - Photo 1

Sold

$635,000

10 Le Moyne Pkwy Oak Park, IL 60302

Single Family
Closed

5
Beds
4
Total Baths
2,144
Sq. Ft.

34 Le Moyne Pkwy, Oak Park, IL 60302 - Photo 1

Sold

$650,000

34 Le Moyne Pkwy Oak Park, IL 60302

Single Family
Closed

4
Beds
3
Total Baths
2,507
Sq. Ft.

1042 N Lombard Ave, Oak Park, IL 60302 - Photo 1

Sold

$590,000

1042 N Lombard Ave Oak Park, IL 60302

Single Family
Closed

4
Beds
3
Total Baths
2,168
Sq. Ft.

102 Le Moyne Pkwy, Oak Park, IL 60302 - Photo 1

Sold

$675,000

102 Le Moyne Pkwy Oak Park, IL 60302

Single Family
Closed

4
Beds
3
Total Baths
2,350
Sq. Ft.

1322 N Austin Boulevard, Oak Park, IL 60302 (MLS# 12479749) is a Commercial property that was sold at $615,000 on December 23, 2025. Want to learn more about 1322 N Austin Boulevard? Do you have questions about finding other Commercial real estate for sale in Oak Park? You can browse all Oak Park real estate or contact a Coldwell Banker agent to request more information.

1322 N Austin Blvd Oak Park, IL 60302