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$695,000
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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
Full Property Details
Full Property Details for 2420 S Oakley Ave
General
- Sold For: $695,000
- Taxes: $10,598 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12387739
- Added to Site: 149 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Additional Information
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Parking
- Total Spaces: 2
- Parking Features: Assigned, Off-Alley, Off-Street, Alley Access, On Site, Owned
- Parking On-Site: Yes
Location
- Area: CHI - Lower West Side
- County: Cook
- Driving Directions: WESTERN TO 24TH ST, EAST ON 24TH TO OAKLEY, SOUTH ON OAKLEY TO PROPERTY.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air, Steam
Utilities
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Partially Finished, Full, Walk-Out Access
- Roof: Asphalt
- Windows: Screens
- Built Before 1978: Yes
- Remodeled/Updated: 2018
Unit Information
- Units in Building: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 100
Financial Considerations
- Parking Included: Yes
- Tax Amount: $10,598.5
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 17301150470000
Listed and Sold by Re/Max Loyalty
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Schools
Schools serving 2420 S Oakley Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ruiz Elementary School 2410 South Leavitt Street, Chicago, IL 60608 | PK-8 | 0.1 mi |
Juarez Community Academy High School 1450 West Cermak Road, Chicago, IL 60608 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2420 S Oakley Ave
Date
Details
Price
Change
Source
8/18/2025
Sold
$695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2420 S Oakley Avenue, Chicago, IL 60608 (MLS# 12387739) is a Multi-Family property that was sold at $695,000 on August 18, 2025. Want to learn more about 2420 S Oakley Avenue? Do you have questions about finding other Multi-Family real estate for sale in Lower West Side? You can browse all Lower West Side real estate or contact a Coldwell Banker agent to request more information.

