1041 South Oakley Boulevard

Chicago, IL 60612

$895,000
Price
6
Beds
4
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

GREAT INVESTMENT OPPORTUNITY!!!! Gorgeous FULLY REMODELED BRICK VICTORIAN 2 flat + nonconforming garden unit nested on the premier tree lined street in the up and coming Medical District/Tri-Taylor! This property offers the flexibility of living in one while having TWO mortgage helpers or exceptional investment property at 6.7% cap rate and this will only go up! Unit 1 is a spacious 2 bed and 1.5 bath and it features hardwood floors throughout, high ceilings, open concept living/dining space and...GREAT INVESTMENT OPPORTUNITY!!!! Gorgeous FULLY REMODELED BRICK VICTORIAN 2 flat + nonconforming garden unit nested on the premier tree lined street in the up and coming Medical District/Tri-Taylor! This property offers the flexibility of living in one while having TWO mortgage helpers or exceptional investment property at 6.7% cap rate and this will only go up! Unit 1 is a spacious 2 bed and 1.5 bath and it features hardwood floors throughout, high ceilings, open concept living/dining space and lots of storage. Upgraded kitchen with quartz countertop, new SS appliances and breakfast bar. Unit 2, a duplex upper unit features 2 bed + den and 2 bath, striking 22-foot ceiling in a loft-style layout, open concept living/dining space, hardwood floors throughout, cozy fireplace and flooded with natural light. Chef's kitchen that offers SS appliances, quartz countertop and a huge breakfast bar that is perfect for entertaining. The primary bedroom, located on the top floor, features a newly renovated ensuite, a spacious walk-through closet, and an additional space that is perfect for an office or nursery. The garden unit (non-conforming basement) features 2 bed and 1 bath, brand new kitchen with spacious living space. ALL 3 units have in-unit washer/dryer. The values in this area are going up like crazy!!! This home is in a PERFECT location Walking distance to the Western Blue-Line, major bus-stops, Cook County health, Rush hospital, UIC University - The Medical District. Easy access to 290 on-ramp. The neighborhood is filled with parks and great outdoor recreational areas to enjoy during summertime, like Douglass Park, which has a golf course, pool, and sports field!! 2 car garage with an exterior pad.

Listing Agent

  1. Azin Amiran

    Azin Amiran

    Listing Agent

    Compass

    azin@compass.com

    P: (312)-613-7121

Property Details for 1041 South Oakley Boulevard

Area
CHI - Near West Side
Township
West Chicago
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
3.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air
Zoning
MULTI
LISTING UPDATED: 12/26/2024 02:44 PM

Property Details for 1041 South Oakley Boulevard

StatusActive ( Private )
MLS #12260740
Days on Market-
Taxes$10,696 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1901
Lot Size0.05 AC / 2,325 SF
CountyCook County

Building Information for 1041 South Oakley Boulevard

Stories-Residences3Year Built1901Building Size-Lot Size0.05 AC / 2,325 SF

Property Information for 1041 South Oakley Boulevard

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage, Space/s
  • Parking On Site: true
  • Parking Ownership: Owned
Property Information
Interior Features
  • Num Of Rooms: 22
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: None
  • Bedrooms Possible: 6
  • Basement Description: None
  • Basement Bathrooms: No
  • # Full Baths in Building: 4
  • # Half Baths in Building: 1
  • Room Type: Utility Room-Lower Level
  • Num of Baths: 4.1
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Other Equipment: TV-Cable, TV-Dish, CO Detectors, Ceiling Fan(s)
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2022
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: Cul-de-Sac
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25 X 93
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Foundation Details: Concrete Perimeter
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • North Coordinate: 0
  • South Coordinate: 1041
  • East Coordinate: 0
  • West Coordinate: 2300
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 2
  • Document Date: 2024-12-26T20:36:18
  • Photos Count: 21
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $84,684.00
  • Insurance Expense: $3,500.00
  • Insurance Expense Source: Actual
  • Water Expense Source: Actual
  • Professional Management Expense: $3,580.00
  • Water Sewer Expense: $2,800.00
Unit 1
  • Unit Type Actual Rent: $2,459.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 5/25
Unit 2
  • Unit Type Actual Rent: $2,950.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: MTM
Unit 3
  • Unit Type Actual Rent: $1,648.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 5/25

Property History for 1041 South Oakley Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1041 South Oakley Boulevard

Taxable ValueLand$10,462Additions$40,058Total$50,520
Tax Record2022$10,426 ($869 / month)
Home Facts
Baths2Total Finished SqFt2,156 SqFtAbove Grade Finished SqFt2,156 SqFtStories2Lot Size2,325 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountyCOOKAPN17-18-329-034

Schools near 1041 South Oakley Boulevard

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 6 to 12
Charter - 9 to 12
Rating
School
Distance
Irving Elementary School
PublicPK to 8

Manley Career Academy High School
Public9 to 12

Jefferson Alt High School
Public6 to 12

UIC College Prep
Charter9 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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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.

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 12/26/2024 02:44 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.