Rent report generated Dec 15, 2024
The Rent Potential of
109 Harrison St Unit 3W Oak Park, IL
is $1,300 – $1,700/mo.
Rent Advice
This property in Oak Park, featuring 2 beds and 1 bath, offers a promising rent potential. With comps suggesting rents between $1,300 and $1,700/month, the annual revenue could range from $15.6K to $20.4K. Given its location in the vibrant Oak Park Arts District, the amenities, and nearby public transit, it's well-positioned in a hot market. Challenges might include its vintage 1922 build, which could require updates for maximizing rental appeal.
To enhance rental value, consider modernizing the kitchen and bathroom, and refreshing the common areas. These upgrades could justify higher rents within the local range. If selling is on the horizon, staging the property to highlight its historical charm in a modern context could attract buyers seeking character and income potential.
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