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Listed by Jackie Thomof Engel & Voelkers Chicago North Shore
$ 1,599,000
Est. payment /mo
Active Under Contract
7129 N Oakley Avenue Chicago, IL 60645
7,840 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12392142
Year Built 1933
Annual Tax Amount $12,215
Tax Year 2023
Lot Size 7,840 Sqft
Lot Dimensions 40 X 194
Property Sub-Type Multi Family 5+
Property Description
First time on the market since 1948, this family-owned and well-maintained 9-flat sits on an oversized lot and 4 garage spaces. The property features six spacious one-bedroom units-designed with layouts that live like two-bedrooms-along with three traditional two-bedroom units. Recent improvements include a newer boiler, roof inspection, tuckpointing, and lintel repairs, ensuring strong structural integrity and low maintenance needs. Current rents are below market, offering immediate value-add potential and room for income growth.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling None
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
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