536 North Taylor Avenue Oak Park, IL 60302

$464,900
5
Beds
$464,900
5
Beds
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Extremely unique property with even more potential for rental income maximization or enough living space for any buyer or investor. North Oak Park on oversized lot (50'X176') currently has a frame 2 unit with a full attic that can be dormered out for additional living space. Behind that to the East is a 2 car garage that can be converted to a coach house and occupied as an accessory dwelling unit or ADU. On the South-East part of the lot is a permitted legal "grandfathered in" additional single family residence. This entire structure has been raised and had a deep basement built with a new poured concrete foundation to maximize living area (could potentially be 3 levels including the basement). The property was one family owned for over 100 years. It has many attributes that are in original and maintained form. This is a great opportunity to take advantage of all Oak Park, this close proximity location to everything, and especially this property has to offer. It can an extremely prudent investment opportunity. Sold "as-is". No homeowner exemption on tax bill. Many low down payment renovation loan options for buyers to renovate this truly historical residence and create your modern day dream estate. Make your appointment today!

Extremely unique property with even more potential for rental income maximization or enough living space for any buyer or investor. North Oak Park on oversized lot (50'X176') currently has a frame 2 unit with a full attic that can be dormered out for additional living space. Behind that to the East is a 2 car garage that can be converted to a coach house and occupied as an accessory dwelling unit or ADU. On the South-East part of the lot is a permitted legal "grandfathered in" additional single family residence. This entire structure has been raised and had a deep basement built with a new poured concrete foundation to maximize living area (could potentially be 3 levels including the basement). The property was one family owned for over 100 years. It has many attributes that are in original and maintained form. This is a great opportunity to take advantage of all Oak Park, this close proximity location to everything, and especially this property has to offer. It can an extremely prudent investment opportunity. Sold "as-is". No homeowner exemption on tax bill. Many low down payment renovation loan options for buyers to renovate this truly historical residence and create your modern day dream estate. Make your appointment today!

  • Neighborhood
  • Type
  • County
    Cook
  • Area
    Oak Park
  • Tax Amount
    $19,898
  • Status
    Active
  • Listing #
    12013591
  • Built
    1899
  • Listed on site
    30 days

Listed by:
Homesmart Connect LLC

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of Homesmart Connect LLC.
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Property details

Community Features

  • No HOA

Exterior features

  • Has garage
  • Garage Detached
  • No Pool
  • Basement

Interior Features

  • Heat Gas
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