7129 N Oakley Avenue, Chicago, IL 60645 - Photo 1

1/1

$1,540,000

Sold
Closed
Commercial
Updated 2 days ago

1/1

Property Description

First time on the market since 1948, this family-owned and well-maintained 9-flat sits on an oversized lot and 4 garage spaces. The property features six spacious one-bedroom units-designed with layouts that live like two-bedrooms-along with three traditional two-bedroom units. Recent improvements include a newer boiler, roof inspection, tuckpointing, and lintel repairs, ensuring strong structural integrity and low maintenance needs. Current rents are below market, offering immediate value-add potential and room for income growth.

Full Property Details

Full Property Details for 7129 N Oakley Ave

General

Sold For: $1,540,000
Taxes: $12,215 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12392142
Added to Site: 139 day(s) ago

Interior

Interior Features: Storage Inside, Laundry Room

Location

Area: CHI - West Ridge
County: Cook
Driving Directions: Touhy one block east of Western. Oakley is a one way street going north.

Heating & Cooling

Cooling Type: None
Heating Type: Central Building Heat

Structural Information

Construction: Brick
Exterior Const.: Brick
Stories/Levels: 3
Current Bldg. Use: Multi-Family
Year Built: 1933
Built Before 1978: Yes

Unit Information

Units w/Refrigerators: 9
Units w/Range/Oven: 9
# Dryers: 1

Lot Features

Lot Size (Acres): 0.18
Lot Size (Sq. Ft.): 7,760
Lot Dimensions: 40 x 194
Zoning: MULTI

Financial Considerations

Operating Expenses: $37,677
Assessment Year: 1933
Tax Amount: $12,215.58
Tax Year: 2023
Tenant Pays: Electricity, Other

Disclosures and Reports

Property ID: 11311010010000

Listed by Engel & Voelkers Chicago North Shore
Sold by JMG Real Estate

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Listing agents

— 7129 N Oakley Ave —

Engel & Voelkers Chicago North Shore

(773) 617-7361

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Schools

Schools serving 7129 N Oakley Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Armstrong G Elementary Intl Studies 2110 West Greenleaf Avenue, Chicago, IL 60645	PK-2	0.2 mi
Sullivan High School, Chicago, IL 6631 North Bosworth Avenue, Chicago, IL 60626	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 7129 N Oakley Ave

Date

Details

Price

Change

Source

2/17/2026

Sold

$1,540,000

-3.69%

MLS

10/03/2025

Listed

$1,599,000

—

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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Sq. Ft.

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Listed by Beata Rogowski

7129 N Oakley Avenue, Chicago, IL 60645 (MLS# 12392142) is a Commercial property that was sold at $1,540,000 on February 17, 2026. Want to learn more about 7129 N Oakley Avenue? Do you have questions about finding other Commercial 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.

7129 N Oakley Ave Chicago, IL 60645