Listing provided courtesy of Moroney Homes, LLCMREDas Distributed by MLSGrid- MLS# 12686502MLS Provider

309-311 Harrison StreetOak Park, IL 60304

Commercial · 7 Beds
$1,800,000 New

309-311 Harrison Street Overview

Time on Site:
4 days
Visits:
0

309-311 West Harrison, Oak Park, IL is an 8-unit apartment building located in the heart of the Harrison Street Arts District. Unit mix includes three 3-bedroom units, three 2-bedroom units, one 1-bedroom and one studio. All units contain one bathroom. Parking includes a four-car brick garage and a parking pad on rear of property. Street parking is readily available to tenants of the building. Each unit has been extensively updated since 2020 and contain new kitchens, bathrooms, appliances, refinished floors and fixtures throughout. All units contain a modern feel with vintage charm. Prior updates include copper water pipes throughout, updated electric service to each unit, central cooling in each unit and new windows. Well thought out common areas include storage closets outside of each unit, brick patio with pergola, laundry room, ground floor storage closets, little free library and covered bike storage. Ideal location near the shops and restaurants of the Harrison Street Arts District. Close to transportation, including just .3 mile to nearest el stop and less than 10 miles from downtown Chicago. This is the perfect opportunity to acquire a high quality and low-maintenance, stabilized building in an ideal suburban location. One unit just became vacant and is available to view on first showings. Remaining seven units are rented to great tenants and can be viewed on second showings. Listing agent has an interest in the property.

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309-311 Harrison Street Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 725
  • Electric Expense: 1300
  • Fuel Expense: 5700
  • Gross Income: 173400
  • Insurance Expense: 4825
  • Maintenance Expense: 2000
  • Net Operating Income: 115089
  • Operating Expense: 51641
  • Trash Expense: 2100
  • Water Sewer Expense: 4300

Building Information

  • Year Built: 1925

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Oak Park
  • Township: Oak Park

Rent/Lease Information

  • Tenant Pays: Electricity

Tax Information

  • Tax Annual Amount: $32,442.44
  • Tax Year: 2024

General Information

  • Parcel Number: 16173010040000
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

General Information

  • Cooling: Central Individual
  • Electric: Circuit Breakers
  • Stories: 4

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: 50x125

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 8

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 3

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 3

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 1

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

309-311 Harrison Street Neighborhood

Community

60304 (Oak Park) Demographics

39
Median Age
11,445
Population Density (per sq. mile)
76%
College Educated
$123,090
Estimated Median Income
4,678
Estimated Total Home Owners
1,593
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

309-311 Harrison Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

309-311 Harrison Street Market Data

Based on the last 30 days in this zip code

$492,090
Average List Price
$326
Average Price per Square Foot
12
Properties Sold
35
Average Days on Market
32
Properties for Sale
Calculations provided by Reliance Network

309-311 Harrison Street History

Date Event Value Agent
6/25/2026Source: MRED Added to Database
June 25, 2026