Chicago, IL 60647,1628 N Oakley Avenue
Chicago, IL 60647,1628 N Oakley Avenue
Chicago, IL 60647,1628 N Oakley Avenue
20
$975,000
$1,085,000
10.1%
Est.Price: ?

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8 BD

1628 N Oakley Avenue Chicago, IL 60647

Est. payment /mo
SOLD DATE : 08/02/2024

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Key Details

Sold Price $975,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12104065

Sold Date 08/02/24

Bedrooms 8

Year Built 1908

Annual Tax Amount $18,649

Tax Year 2022

Lot Dimensions 25 X 125

Property Description

This is a legal 3-unit plus one nonconforming unit all brick building in prime Bucktown, on a standard 25 by 125-foot lot, features 2-bedroom, 1-bath units with great natural light, individual furnaces, and kitchens equipped with dishwashers. Each unit boasts hardwood floors throughout and additional area perfect for a dining room or office. The top-floor unit has in-unit laundry, while other units share a coin laundry. Current rents are 30% below market, offering significant income growth potential, and there is further opportunity for value-add to increase rents. Additional amenities include a 2-car garage.

Location

State IL

County Cook

Rooms

Basement Full

Interior

Heating Forced Air

Fireplace N

Exterior

Garage Detached

Garage Spaces 2.0

Waterfront false

View Y/N true

Building

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Ryan Blake • Essex 312, LLC
Bought with James Sheehan • Sheehan Real Estate

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Kari Kohler

Broker | FA.475.129019

+1(630) 673-4586

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