About This Home

This 6-bedroom, 4-bathroom residential multi family at 540 N Harvey Avenue in Oak Park, IL is listed for $650,000. Built in 1911, on a N/A lot.

Key Features

  • Built in 1911
  • 5 parking spaces

Property Details

4 full
5 spaces
1911
Listing Description

Multiple offers received - best and final by 5pm 10/9. Rare Oak Park 3-unit opportunity on a deep 50x171 lot! This classic stucco two-flat plus coach house offers flexibility few properties can match: live in one unit and let the other two help fund the mortgage, keep extended family close while everyone has their own space, or add a solid income property to your portfolio.

Each unit has its own kitchen and hardwood floors, and old-world character shines throughout with high ceilings, crown molding, and working pocket doors. Tenants pay their own electric, gas, and heat. Outside, relax on the backyard patio and garden beneath mature trees, and enjoy 5 exterior parking spaces, a true rarity in Oak Park.

The full, partially finished basement adds storage and flexibility, and there's room for dedicated home offices. Long-time owners are moving on and thoughtful updates offer a clear path to growing rents. First floor unit in main house has 2 bedrooms on first floor and 2 in the basement.

Second floor unit has 2 bedrooms. The main house has been owner occupied for over 20 years. Coach house has 1 bedroom on the first floor and 2 in the basement. Tenants pay 1,800 in rent per month and are month to month with 60 day notice. The location is hard to beat: walk to the L train, Whittier School, Oak Park and River Forest High School, Pete's Fresh Market, the GRC, skate park, Ridgeland Common's pool and ice arena.

The Daily Bagel and Thai Neighbor restaurant just steps away. Easy access to downtown Chicago. Don't miss this one!

Monthly Cost Estimate

$3,476/mo

20% down · 6.5% · 30 years

Principal$470
Interest$2,817
Insurance$190

Estimates only. Actual payments may vary.

Location

540 N Harvey Avenue

Oak Park, IL 60302

Property Details

Construction

Stucco

Parking

Owned

Heating

Natural Gas

Questions & Answers

This 6-bedroom, 4-bathroom residential multi family at 540 N Harvey Avenue is listed at $650,000. The estimated monthly payment is $3,477 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1911, 5 parking spaces.

This property is listed by Scott Berg.

SB

Scott Berg

Agent at Berg Properties

Listed by Berg Properties · Broker phone: (708) 763-8674 · View on Broker Site · Broker website

MLS# 12766158· Source: Midwest Real Estate Data, LLC· 39 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

540 N Harvey Avenue, Oak Park, IL 60302

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