1016 North Oakley Boulevard

Chicago, IL 60622

$1,200,000
Price
7
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Rare investment opportunity in Chicago's sought-after Ukrainian Village! This legal all-brick 4 flat is a great prospect for an investment or a solid owner-occupied home in the protected Ukrainian Village Landmark District. 3 of the units are extra-large and have 2 beds, 1 bath featuring hardwood floors, high ceilings, original decorative fireplaces, eat-in kitchens, spacious dining rooms and a darling sun-room in front. Filled with sunshine, they have separate furnaces and in-unit dishwashers. Unit...Rare investment opportunity in Chicago's sought-after Ukrainian Village! This legal all-brick 4 flat is a great prospect for an investment or a solid owner-occupied home in the protected Ukrainian Village Landmark District. 3 of the units are extra-large and have 2 beds, 1 bath featuring hardwood floors, high ceilings, original decorative fireplaces, eat-in kitchens, spacious dining rooms and a darling sun-room in front. Filled with sunshine, they have separate furnaces and in-unit dishwashers. Unit 1 has in-unit laundry. The 1 bed/1 bath garden unit has plenty of charm and light. The newly rebuilt back porch provides tenants with private outdoor space-perfect for morning coffee or sunset dinners. Situated on an extra wide lot, the 3-car garage provides additional parking revenue. Coin-laundry (more income!) and extra tenant storage are located in the basement. Current rents are below market rate. This property is turn-key, ready to generate income. Don't miss this rare gem in one of Chicago's best historic neighborhoods.
  1. Listed by Janet Roderick • @properties Christie's International Real Estate

Property Details for 1016 North Oakley Boulevard

Area
CHI - West Town
Township
West Chicago
Ownership
Fee Simple
Num Of Garage Spaces
3.0
Num Of Parking Spaces
3.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air
Zoning
MULTI
LISTING UPDATED: 01/05/2025 11:58 PM

Property Details for 1016 North Oakley Boulevard

StatusNew
MLS #12258688
Days on Market5
Taxes$20,104 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1918
Lot Size0.07 AC / 3,120 SF
CountyCook County

Building Information for 1016 North Oakley Boulevard

Stories-Residences4Year Built1918Building Size-Lot Size0.07 AC / 3,120 SF

Property Information for 1016 North Oakley Boulevard

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Chopin Elementary School
  • High School District: 299
  • High School: Clemente Community Academy Senio
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 21
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Partial
  • Bedrooms Possible: 7
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Room Type: Sun Room
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Other Equipment: Intercom, CO Detectors, Ceiling Fan(s), Multiple Water Heaters
Property/Lot Information
  • Exterior Property Features: Deck
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 1999
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: None
  • Lot Size: Standard Chicago Lot
  • Lot Dimensions: 30X104
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Flat
  • General Information: Historical District
  • North Coordinate: 1016
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 2300
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: No
  • Conversion: N
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA
  • Public Document Count: 5
  • Document Date: 2025-01-02T20:19:25
  • Photos Count: 46
  • Deconversion: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $810.00
  • Fuel Expense: $1,368.00
  • Gross Income: $86,700.00
  • Insurance Expense: $3,107.00
  • Electric Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Other Addl Income: Coin Laundry,Garage/s
  • Water Expense Source: Actual
  • Net Operating Income: $59,611.00
  • Water Sewer Expense: $1,620.00
Unit 1
  • Unit Type Actual Rent: $1,950.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 5/25
Unit 2
  • Unit Type Actual Rent: $1,950.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 3/25
Unit 3
  • Unit Type Actual Rent: $1,800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 5/25
Unit 4
  • Unit Type Actual Rent: $1,400.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
  • Lease Expiration Date: MTM

Property History for 1016 North Oakley Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1016 North Oakley Boulevard

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Chopin Elementary School
PublicPK to 8

Clemente Community Academy High School
Public9 to 12

Bridgescape Academy Humboldt Park
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1016 North Oakley Boulevard is a multi-family home for sale in Chicago, IL 60622. This property was listed for sale on January 2, 2025 by @properties Christie's International Real Estate, it's currently listed at $1,200,000. This listing's school district is Chicago Public Schools. Nearby schools include Chopin Elementary School, Clemente Community Academy High School and Bridgescape Academy Humboldt Park. 1016 North Oakley Boulevard is a 7-bed, 4-bath, multi-family home built in 1918.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of @properties Christie's International Real Estate

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 01/05/2025 11:58 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.