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$1,499,000

  • For Sale
  • Active
  • Multi-Family
  • 13 Total Beds
  • 4 Car Garage
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Great investment opportunity! A completely rehabbed 4-unit property in Oak Park is ready for its new owner. The building is fully updated, move-in ready, and all units are currently rented, making this a high-return investment. Three of the units are equal-sized 3BD/1BA, while the fourth is a 4BD/2BA duplex down-perfect for an owner-occupant or as an additional rental. A 4-car garage plus an additional parking space adds even more value. Located in one of Chicagoland's most popular suburbs, Oak Park offers a vibrant architectural and cultural history, top-rated schools, and a lively downtown. The property is ideally situated with easy access to I-290, CTA Blue and Green Lines, Metra, and multiple bus routes-a central location with convenient access to downtown Chicago and all suburbs. Don't miss this turn-key, high-performing opportunity to own in Oak Park!

Full Property Details for 617 S Lombard Ave

General

  • Price: $1,499,000
  • Taxes: $20,454 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12465062
  • Updated: 12/31/2025
  • Added to Site: 134 day(s) ago

Interior

  • Basement: Partially

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Upper - Full Baths: 5

Bedrooms

  • Total Bedrooms: 13

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Total Spaces: 4
  • Parking Features: Yes, Garage Owned, Detached, Garage

Location

  • Area: Oak Park
  • County: Cook
  • Township: Oak Park
  • Driving Directions: INTERSECTION OF NORTH LOMBARD AVENUE AND AUGUSTA STREET

School Information

  • School District: 97
  • Elem School District: 97
  • Midd School District: 97
  • High School District: 200
  • Elementary School: Longfellow Elementary School
  • Middle School: Gwendolyn Brooks Middle School
  • High School: Oak Park & River Forest High Sch
  • Private School: Oak Park & River Forest High Sch

Heating & Cooling

  • Heating Type: Radiator(s)

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Stucco
  • Exterior Const.: Stucco
  • Basement: Yes
  • Basement Desc.: Partially Finished, Storage Space, Walk-Up Access, Full
  • Built Before 1978: Yes
  • Remodeled/Updated: 2022

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 6250 SF

Financial Considerations

  • Tax Amount: $20,454
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 16171110260000

Listed by Berkshire Hathaway HomeServices Chicago

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— 617 S Lombard Ave —

  • Berkshire Hathaway HomeServices Chicago

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 617 S Lombard Ave

School Districts:Oak Park Elementary School District 97, Oak Park and River Forest District 200
NameGradesDistance
Longfellow Elementary School, Oak Park, IL
715 Highland Avenue, Oak Park, IL 60304
PK-50.2 mi
Percy Julian Middle School
416 South Ridgeland Avenue, Oak Park, IL 60302
6-80.3 mi
Oak Park & River Forest High School
201 North Scoville Avenue, Oak Park, IL 60302
9-121 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 617 S Lombard Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/05/2025
Listed
$1,499,000
814.02%
MLS
5/15/2019
Sold
$164,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 617 S Lombard Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$20,454
5%
$62,741
24%
2022
$19,420
67%
$50,574
62%
2021
$11,660
97%
$31,160
92%
2020
$5,919
-76%
$16,214
-74%
2019
$24,179
-3%
$63,023
-7%
2018
$24,906
2%
$67,445
—
2017
$24,360
22%
$67,445
35%
2016
$20,041
12%
$49,793
—
2015
$17,956
8%
$49,793
—
2014
$16,686
-26%
$49,793
-28%
2013
$22,615
—
$69,489
—
2012
$22,607
—
$69,489
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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617 S Lombard Avenue, Oak Park, IL 60302 (MLS# 12465062) is a Multi-Family property with 4 units containing 13 bedrooms and 0 full bathrooms. 617 S Lombard Avenue is currently listed for $1,499,000 and was received on September 05, 2025. Want to learn more about 617 S Lombard Avenue? Do you have questions about finding other Multi-Family 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.

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