The Village of Oak Park | 123 Madison St.  Oak Park, IL 60302 |

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Rehab loans available for rental properties

Owners of multi-family buildings with seven or fewer units may be eligible for forgivable loans of up to $5,000 per unit under the Village’s Small Rental Rehab Program. Owners need to contribute matching funds of at least 25 percent of the total project cost and agree to rent to income-eligible tenants for two years. Projects eligible for funding include general property repairs, unit upgrades and energy efficiency improvements. For more information, visit, call 708.358.5410 or email