This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/23
$1,900,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/23
Property Description
This exceptional investment opportunity offers the acquisition of a modern 6-unit multifamily asset ideally located in the rapidly growing Tri-Taylor neighborhood of Chicago. Constructed in 2014, the property features condominium-quality finishes, efficient building systems, and thoughtfully designed floor plans that continue to attract strong tenant demand and support premium rental rates. The asset presents investors with a rare opportunity to acquire a newer construction multifamily building with minimal deferred maintenance and lower ongoing capital expenditure requirements compared to the area's aging housing stock. Its combination of modern amenities, strong rental appeal, and strategic location near major medical campuses, universities, public transportation, and downtown Chicago positions the property for stable cash flow and long-term appreciation potential. Unit mix: 1 duplex down-4 bed/4 bath, 1 duplex down- 3 bed/2 bath, 4 simplex- 2 bed/ 2bath
Full Property Details
Full Property Details for 504 S Oakley Blvd
General
- Price: $1,900,000
- Taxes: $29,390 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12644005
- Updated: 5/15/2026
- Added to Site: 4 day(s) ago
Location
- Area: CHI - Near West Side
- County: Cook
- Township: West Chicago
- Driving Directions: East on Congress Parkway to South on Oakley to property
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Trash: 5400
Structural Information
- Construction: Brick, Block
- Exterior Const.: Brick, Block
- Stories/Levels: 3
- Square Feet: 8,084
- Year Built: 2014
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 6
Lot Features
- Lot Dimensions: 40 x 127
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $6,632
- Operating Expenses: $48,892
- Assessment Year: 2014
- Tax Amount: $29,390.18
- Tax Year: 2024
- Tenant Pays: Electricity, Heat
- Pays Electric: 830
- Pays Trash: 5400
Disclosures and Reports
- Property ID: 17181280360000
Listed by @properties Christie's International Real Estate
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 504 S Oakley Blvd
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Irving Elementary School, Chicago, IL 749 South Oakley Boulevard, Chicago, IL 60612 | K-8 | 0.2 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 504 S Oakley Blvd
Date
Details
Price
Change
Source
5/15/2026
Listed
$1,900,000
230.43%
MLS
9/28/2007
Sold
$575,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 504 S Oakley Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
100%
100%
2019
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 504 S Oakley Blvd
504 S Oakley Boulevard, Chicago, IL 60612 (MLS# 12644005) is a Commercial property. 504 S Oakley Boulevard is currently listed for $1,900,000 and was received on May 15, 2026. Want to learn more about 504 S Oakley Boulevard? Do you have questions about finding other Commercial real estate for sale in Near West Side? You can browse all Near West Side real estate or contact a Coldwell Banker agent to request more information.

