Sold

Closed

1628 N Oakley Avenue

Chicago IL, 60647

$975,000


Sold

Closed

8 Beds

4 Baths

Multi-family

Built in 1908

Courtesy of Essex 312, LLC

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.

12104065

MLS ID

July 8, 2024

Listed

August 23, 2024

Updated

Map

1628 N Oakley Avenue
Chicago IL, 60647

Interior Features

Bedrooms

8


Total Bathrooms

4


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Sewer

Public Sewer

School Information

School District

299

Other Property Details

Area Name

CHI - West Town


Taxes

$18,649


Tax Frequency

Annually


Days on Market

11


Garage

Yes


Garage Spaces

2


Parking Total

2


View

No


County

Cook


Municipality

West Chicago


Water Source

Lake Michigan


Pool

No

Listing History

Date

Event

Price

8/5/2024

Sold

$975,000

7/18/2024

Under contract

Courtesy of Essex 312, LLC, Ryan Blake,
Listing Contact: 773-458-5428 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than The Gillman Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 8/23/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 12:41 PM UTC, 8/23/2024

 

 

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