2420 S Oakley Avenue new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60608
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12365736
Bedrooms 8
Annual Tax Amount $10,598
Tax Year 2023
Lot Size 2,613 Sqft
Lot Dimensions 25X100
Property Sub-Type Two to Four Units
Property Description
Rarely available, this classic brick 3-unit in the highly desirable Heart of Chicago section of Pilsen offers strong upside for both investors and owner-occupants. The building includes two 2 bed / 1 bath units on the first floor (front and rear), and a spacious 5 bed / 2 bath top-floor apartment that's perfect for an owner's unit or high-rent tenant. The top unit features interior stairs to a large unfinished attic, offering excellent potential to duplex up and significantly increase value and rent. Currently, both the top-floor unit and the rear 2 bed unit are vacant, making this a unique opportunity to lease, or live in while generating income. An unfinished basement with roughed-in plumbing for a bathroom, rear egress, and common laundry area offers additional expansion potential. Located in one of Pilsen's most vibrant pockets, this block of Oakley is home to a Restaurant Row with six fine dining establishments and cozy cafes. Just a short walk to Pete's Grocery, the PINK Line, and moments from 18th Street shops, Thalia Hall, etc. With two vacant units, expansion potential, and a rapidly appreciating location, this property is a rare chance to invest or settle in one of Chicago's most exciting neighborhoods
Location
State IL
County Cook
Community Curbs,Sidewalks,Street Lights,Street Paved
Rooms
Basement Partially Finished,Full,Walk-Out Access
Interior
Heating Natural Gas,Forced Air,Steam
Fireplace N
Exterior
View Y/N true
Roof Type Asphalt
Building
Sewer Public Sewer
Water Lake Michigan,Public
Structure Type Brick
New Construction false
Schools
School District 299,299,299
Others
Ownership Fee Simple
Special Listing Condition None