2440 S Oakley Avenue, Chicago, IL 60608 - Photo 1

1/1

$650,000

Sold
Closed
Multi-Family
7 Total Beds

1/1

Property Description

RARE CHANCE to own a huge solid all brick 4 unit apartment building on Oakley Avenue at the HEART of Heart of Chicago's classic dining scene and steps to public transit, shopping and much more. 2440 S Oakley has retained it's Victorian era charm inside and out with much of the original woodwork, hardwood flooring, hardware, fixtures and doors intact. Tall ceilings and large windows flood the units with natural light. Units are easily rented but the full potential of the building lies in the giant basement which has 3 egresses, full size windows, concrete slab, and 7.5 foot ceilings. The attic offers even further potential. A nice sized backyard with grass and easy street parking makes this a special opportunity to be the next steward of a piece of Chicago history.

Full Property Details

Full Property Details for 2440 S Oakley Ave

General

Sold For: $650,000
Taxes: $8,373 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12551260
Added to Site: 94 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 4

Bedrooms

Total Bedrooms: 7

Additional Information

Other Features: Commuter Bus, Commuter Train

Location

Area: CHI - Lower West Side
County: Cook
Driving Directions: East on Cermak from Western to Oakley, South on Oakley to address

School Information

School District: 299
Midd School District: 299

Heating & Cooling

Heating Type: Steam, Space Heater

Utilities

Water: Lake Michigan

Structural Information

Architectural Style: Victorian
Construction: Brick
Exterior Const.: Brick
Basement Desc.: Unfinished, Concrete, Daylight, Full, Walk-Out Access
Foundation: Brick/Mortar, Stone
Roof: Asphalt
Year Built: 1883
Built Before 1978: Yes

Unit Information

Units in Building: 4

Lot Features

Lot Size Range: Less than .25 Acre
Lot Dimensions: 27 x 104
Zoning: MULTI

Financial Considerations

Assessment Year: 1883
Tax Amount: $8,373
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: List Broker Must Accompany
Property ID: 17301190360000

Listed by C. Gallucci Realty, Inc.
Sold by Redfin Corporation

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— 2440 S Oakley Ave —

C. Gallucci Realty, Inc.

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Schools

Schools serving 2440 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2440 S Oakley Ave

Date

Details

Price

Change

Source

4/01/2026

Sold

$650,000

-7.01%

MLS

1/20/2026

Listed

$699,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Multi-Family
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2440 S Oakley Avenue, Chicago, IL 60608 (MLS# 12551260) is a Multi-Family property that was sold at $650,000 on April 01, 2026. Want to learn more about 2440 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.

2440 S Oakley Ave Chicago, IL 60608