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$785,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • Updated 6 hours ago

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Classic brick 3-unit in the highly sought-after Heart of Chicago neighborhood of Pilsen, offering an exceptional opportunity for investors or owner-occupants. The property features two 2 bedroom, 1 bath apartments on the first floor, front and rear units, plus an expansive 5-bedroom, 2-bath top-floor residence with outstanding potential. The top-floor unit offers interior access to a large unfinished attic, creating an exciting opportunity to duplex up and add additional living space, value, and rental income. Both the top-floor apartment and rear first-floor unit are currently vacant, providing flexibility for an owner-occupant, immediate leasing, or future improvements. The unfinished basement offers even more potential, with roughed-in plumbing for a bathroom, rear egress, and a common laundry area. Situated in one of Pilsen's most vibrant areas. Surrounded by restaurants, cafes, and neighborhood favorites. Enjoy convenient access to the Pink Line and short drive to expressways.

Full Property Details for 2420 S Oakley Ave

General

  • Price: $785,000
  • Taxes: $11,050 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12752374

Rental Information

  • Complex Features: Curbs, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Partially

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 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, Yes, Owned

Location

  • Area: CHI - Lower West Side
  • County: Cook
  • Township: West Chicago
  • Driving Directions: WESTERN TO 24TH ST, EAST ON 24TH TO OAKLEY, SOUTH ON OAKLEY TO PROPERTY.

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air, Steam

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Partially Finished, Full, Walk-Out Access
  • Roof: Asphalt
  • Windows: Screens
  • Built Before 1978: Yes

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: $11,050
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 17301150470000

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Schools serving 2420 S Oakley Ave

School District:Chicago Public School District 299
NameGradesDistance
Ruiz Elementary School
2410 South Leavitt Street, Chicago, IL 60608
PK-80.1 mi
Juarez Community Academy High School
1450 West Cermak Road, Chicago, IL 60608
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 2420 S Oakley Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,598
—
$55,000
9%
2023
$10,598
3%
$50,230
—
2022
$10,331
2%
$50,230
—
2021
$10,101
77%
$50,230
96%
2020
$5,718
-4%
$25,666
-13%
2019
$5,927
2%
$29,502
—
2018
$5,828
-2%
$29,502
7%
2017
$5,947
7%
$27,627
—
2016
$5,533
9%
$27,627
—
2015
$5,063
8%
$27,627
9%
2014
$4,699
2%
$25,328
—
2013
$4,607
1%
$25,328
—
2012
$4,545
—
$25,328
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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2420 S Oakley Avenue, Chicago, IL 60608 (MLS# 12752374) is a Multi-Family property with 3 units containing 8 bedrooms and 0 full bathrooms. 2420 S Oakley Avenue is currently listed for $785,000 and was received on September 16, 2026. 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.

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