7546-48 North Oakley Avenue

Chicago, IL 60645

$1,950,000
Price
20
Beds
7
Baths
6
1/2 Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
front view of a building
a bathroom with a sink and a mirror
a kitchen with granite countertop cabinets stainless steel appliances and wooden floor
a kitchen with stainless steel appliances granite countertop a sink and a stove
a stove top oven sitting inside of a kitchen
a view of empty room with wooden floor and fireplace
a view of an empty room with wooden floor and a window
a view of empty room with wooden floor and fireplace
a view of an empty room with wooden floor and a window
a view of a livingroom with a chandelier
a view of an empty room with kitchen and window
a bathroom with a sink a mirror and a bathtub
a bathroom with a granite countertop sink a toilet and shower
a bathroom with a sink a toilet a mirror and shower
a bathroom with a sink and a bathtub
a bathroom with a sink toilet and shower
a utility room with dryer and washer
a bathroom with a sink a toilet and a mirror
a bathroom with a toilet a sink and a window
a bathroom with a toilet a sink and mirror
a bathroom with a sink toilet a mirror and shower
a bathroom with a toilet a sink and a mirror
a bathroom with a sink toilet and mirror
a view of empty room with wooden floor and fan
a view of wooden floor and windows in a room
a view of empty room with wooden floor and fan
a view of an empty room with wooden floor and a window
a view of a hallway view with staircase
a kitchen with stainless steel appliances granite countertop a sink stove and cabinets
a bathroom with a sink a mirror and a bathtub
a bathroom with a tub and shower
a view of an empty room with wooden floor and a window
a view of empty room with wooden floor and fan
a view of staircase with white walls and a window
a view of staircase with lots of wooden floor and stairs
a couple of chairs sitting in front of a building
a backyard of a house with table and chairs
a room with lots of storage and utility
a room with gym equipment
a picture of a floor plan
an aerial view of a city
an aerial view of a city with lots of residential buildings
an aerial view of a city with lots of residential buildings
an aerial view of a city with lots of residential buildings
an aerial view of residential houses with outdoor space
an aerial view of a city
an aerial view of a city
an aerial view of a city
an aerial view of a city
a view of a city from a terrace

Description

Classic Chicago brick, center entrance, 7 unit apartment building in West Ridge/Rogers Park. Turn key property, excellent investment or 1031 Exchange. This property consists of 7 residential units and 5 garage parking spaces. The apartment rental mix is comprised of six 3 bed/1.1 bath plus one 2 bed/1 bath garden unit. Fully rented, this investment provides excellent cash flow opportunity. The owners have meticulously rehabbed every unit in the building. All of the 3 bed units are ample and boast...Classic Chicago brick, center entrance, 7 unit apartment building in West Ridge/Rogers Park. Turn key property, excellent investment or 1031 Exchange. This property consists of 7 residential units and 5 garage parking spaces. The apartment rental mix is comprised of six 3 bed/1.1 bath plus one 2 bed/1 bath garden unit. Fully rented, this investment provides excellent cash flow opportunity. The owners have meticulously rehabbed every unit in the building. All of the 3 bed units are ample and boast large sunny living room, huge dining room with built-in custom cabinets and buffet, in unit laundry, hardwood floors. Garden unit has direct access to coin operated commercial W/D, right outside the unit. The rear of the building features a concrete patio and 5 car garage. Full basements with 10 storage lockers. Excellent location, walk to shops, restaurants, grocery and more! Great access to public transit with a 3/4 mile walk to the CTA Howard train station for Red, Purple and Yellow lines, Howard buses (bus stop less than a block away) and easy driving or bus access to Evanston and other shopping, groceries and restaurants within the City of Chicago. Easy 1.3 mile bike ride or walk to the lakefront! A very special offering for your investment.
  1. Listed by Hugo Rodriguez • RE/MAX 10 Lincoln Park

Property Details for 7546-48 North Oakley Avenue

Area
CHI - West Ridge
Township
Rogers Park
Num of Interior Fireplaces
3
Zoning
MULTI
LISTING UPDATED: 08/17/2024 03:47 AM

Property Details for 7546-48 North Oakley Avenue

StatusActive
MLS #12017773
Days on Market238
Taxes$16,600 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1930
Lot Size0.15 AC / 6,500 SF
CountyCook County

Building Information for 7546-48 North Oakley Avenue

Stories3Residences7Year Built1930Building Size-Lot Size0.15 AC / 6,500 SF

Property Information for 7546-48 North Oakley Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
Location and General Information
  • Frontage Type: City Street
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers, Service - 0 to 100 Amps
  • # Of Washers: 7
  • Basement Description: Partially Finished
  • Heat/Ventilation: Central Bldg Heat,Hot Water,Radiators
  • # Of Window/Ac: 33
  • # Of Refrigerators: 7
  • Washer/Dryer Lsd: No
  • Misc Inside: Storage Inside,Laundry Room,Workshop Area (Interior)
  • # Of Dryers: 7
  • # Of Dishwashers: 7
  • Num of Baths: 7.6
Exterior Features
  • Misc Outside: Enclosed Stairs,Patio,Security Gate
Property/Lot Information
  • Tenant Pays: Electricity, Other
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 125 X 52
  • Lot Size Square Feet: 6500.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Rubber
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Lot Size Source: Survey
  • # Of Ranges: 7
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-04-27T18:46:55
  • Photos Count: 71
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
Income & Expenses
  • Electric Expense: $649.00
  • Fuel Expense: $8,005.00
  • Gross Income: $159,660.00
  • Gross Scheduled Income: $160,260.00
  • Insurance Expense: $6,698.00
  • Maintenance Expense: $7,759.00
  • Electric Expense Source: Actual
  • Known Encumbrances: None Known
  • Expense Year: 2023
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 4755
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 13355
  • Water Expense Source: Actual
  • Net Operating Income: $100,939.00
  • Operating Expense: $59,321.00
  • Other Expense: $3,080.00
  • Trash Expense: $6,285.00
  • Water Sewer Expense: $5,490.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 6
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 7546-48 North Oakley Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 7546-48 North Oakley Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Acero Chtr Sor Juana Ines de la
Charter - K to 12
Sullivan High School
Public - 9 to 12
Chicago Math & Sci Elementary Charter
Charter - 6 to 12
Decatur Classical Elementary School
Public - K to 8
Rating
School
Distance
Acero Chtr Sor Juana Ines de la
CharterK to 12

Sullivan High School
Public9 to 12

Chicago Math & Sci Elementary Charter
Charter6 to 12

Decatur Classical Elementary School
PublicK to 8

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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More information about 7546-48 North Oakley Avenue, Chicago, IL 60645

7546-48 North Oakley Avenue is a multi-family home for sale in Chicago, IL 60645. This property was listed for sale on May 1, 2024 by RE/MAX 10 Lincoln Park, it's currently listed at $1,950,000. It has been on the market for a total of 238 days and was last sold on February 15, 2017. This listing's school district is Chicago Public Schools. Nearby schools include Acero Chtr Sor Juana Ines de la, Sullivan High School and Chicago Math & Sci Elementary Charter. 7546-48 North Oakley Avenue is a 20-bed, 10-bath, multi-family home built in 1930.

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 RE/MAX 10 Lincoln Park

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 08/17/2024 03:47 AM. 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.