6246 N Oakley Avenue, Chicago, IL 60659 - Photo 1

1/1

$900,000

Sold
Closed
Multi-Family
12 Total Beds
3 Car Garage

1/1

Property Description

New Investment Opportunity in Arcadia Terrace! Introducing a well-maintained 4-unit building offering tremendous upside potential. Each spacious unit features 3 bedrooms, 2 full baths, a large dining room, and a comfortable family room-ideal for today's renters seeking extra living space. Recent updates include a newer roof, gutters, siding, electric panels, deck, and deck windows, ensuring peace of mind for the next owner. The property also offers a 3-car garage and a well-kept exterior that enhances curb appeal. All tenants are month-to-month, providing flexibility for rent adjustments or future repositioning. Current rents are well below market, presenting a great value-add opportunity in one of Chicago's desirable neighborhoods. Don't miss this solid investment with strong long-term potential in Arcadia Terrace! Owner does not know the legality of the basement unit. Selling AS-IS

Full Property Details

Full Property Details for 6246 N Oakley Ave

General

Sold For: $900,000
Taxes: $10,760 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12496655
Added to Site: 138 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 8

Bedrooms

Total Bedrooms: 12

Additional Information

Other Features: Commuter Bus, Commuter Train, Interstate Access

Parking

Garage: Yes
Garage Spaces: 3
Total Spaces: 3
Parking Features: Yes, Garage Owned, Detached, Garage

Location

Area: CHI - West Ridge
County: Cook
Driving Directions: E on Peterson left on Oakley to property

School Information

School District: 299
Midd School District: 299
High School: Mather High School
Private School: Mather High School

Heating & Cooling

Heating Type: Natural Gas

Utilities

Water: Lake Michigan

Structural Information

Construction: Vinyl Siding, Brick
Exterior Const.: Vinyl Siding, Brick
Basement Desc.: Finished, Full
Year Built: 1929
Built Before 1978: Yes

Unit Information

Units in Building: 4

Lot Features

Lot Size Range: Less than .25 Acre
Lot Dimensions: 33 x 125

Financial Considerations

Assessment Year: 1929
Tax Amount: $10,760
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Property ID: 14061060190000

Listed by HomeSmart Connect LLC
Sold by RE/MAX Premier

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— 6246 N Oakley Ave —

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Schools

Schools serving 6246 N Oakley Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Hayt Elementary School 1518 West Granville Avenue, Chicago, IL 60660	K-8	1 mi
Senn High School 5900 North Glenwood Avenue, Chicago, IL 60660	9-12	1.2 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 6246 N Oakley Ave

Date

Details

Price

Change

Source

1/20/2026

Sold

$900,000

-5.26%

MLS

10/16/2025

Listed

$949,999

—

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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6246 N Oakley Avenue, Chicago, IL 60659 (MLS# 12496655) is a Multi-Family property that was sold at $900,000 on January 20, 2026. Want to learn more about 6246 N Oakley Avenue? Do you have questions about finding other Multi-Family real estate for sale in West Ridge? You can browse all West Ridge real estate or contact a Coldwell Banker agent to request more information.

6246 N Oakley Ave Chicago, IL 60659