1121 S Elmwood AveOak ParkIL60304
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Oak Park at 1121 S Elmwood Ave, Oak Park, IL, 60304 with 5% annual appreciation on a $395,500 basis while $2,706/mo rent supports operations. 57% in year one. Equity gained on principal adds $2,552/yr, and five-year appreciation sums $109,269 alongside rental yield of 8.21%. Five-year ROI measures 101.99% and total cumulative return in cash totals $133,723. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,706/mo property income versus a $1,936/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1915
4,788 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60304, Oak Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,341 (100%) |
| Owner Occupied HU | 4,750 (64.7%) |
| Renter Occupied HU | 2,103 (28.6%) |
| Vacant Housing Units | 488 ( 6.6%) |
| Median Home Value | $460,565 |
| Average Home Value | $488,407 |
Housing Distribution
Address Breakdown
Residential
6,874
Single Family
4,960
Multi-Family
1,914
Businesses
487
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Nearby investment properties with comparable prices
Listed by: Michelle Vykruta • Keller Williams Infinity
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12290980
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)