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7546-48 N Oakley Avenue, Chicago, IL 60645
$1,950,000
7546-48 N Oakley Avenue, Chicago, IL 60645View this property at 7546-48 N Oakley Avenue, Chicago, IL 60645
7546-48 N Oakley AvenueChicagoIL60645
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Property Description
Classic Chicago brick, center entrance, 7 unit apartment building in West Ridge/Rogers Park. Turn key property, excellent investment or 1031 Exchange. This property consists of 7 residential units and 5 garage parking spaces. The apartment rental mix is comprised of six 3 bed/1.1 bath plus one 2 bed/1 bath garden unit. Fully rented, this investment provides excellent cash flow opportunity. The owners have meticulously rehabbed every unit in the building. All of the 3 bed units are ample and boast large sunny living room, huge dining room with built-in custom cabinets and buffet, in unit laundry, hardwood floors. Garden unit has direct access to coin operated commercial W/D, right outside the unit. The rear of the building features a concrete patio and 5 car garage. Full basements with 10 storage lockers. Excellent location, walk to shops, restaurants, grocery and more! Great access to public transit with a 3/4 mile walk to the CTA Howard train station for Red, Purple and Yellow lines, Howard buses (bus stop less than a block away) and easy driving or bus access to Evanston and other shopping, groceries and restaurants within the City of Chicago. Easy 1.3 mile bike ride or walk to the lakefront! A very special offering for your investment.
Full Property Details
Full Property Details for 7546-48 N Oakley Ave
General
- Price: $1,950,000
- HOA FEE: $7,759
- Taxes: $16,600 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 12017773
- Updated: 5/7/2024
- Added to Site: 21 day(s) ago
Interior
- Interior Features: Storage Inside, Laundry Room, Workshop Area (Interior)
- Fireplace: Yes
- Number of Fireplaces: 3
Location
- Area: CHI - West Ridge
- County: Cook
- Township: Rogers Park
- Driving Directions: N/S on Western to Birchwood Ave(7500N), east to Oakley Ave(2300W), north to 7546-7548 N Oakley Ave, one way going north.
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Central Building Heat, Hot Water, Radiators
Utilities
- Trash: 6285
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Rubber
- Stories/Levels: 3
- Current Bldg. Use: Multi-Family
- Year Built: 1930
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 7
- Units w/Range/Oven: 7
- # Dryers: 7
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,500
- Lot Dimensions: 125 x 52
- Frontage: City Street
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $7,759
- Insurance Fee: $6,698
- Operating Expenses: $59,321
- Other Fee: $3,080
- Assessment Year: 1930
- Tax Amount: $16,600
- Tax Year: 2022
- Tenant Pays: Electricity, Other
- Pays Electric: 649
- Pays Trash: 6285
Disclosures and Reports
- Property ID: 11303010250000
Listed by RE/MAX 10 Lincoln Park
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Price & Sales History for 7546-48 N Oakley Ave
Date
Details
Price
Change
Source
5/01/2024
Listed
$1,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7546-48 N Oakley Ave
7546-48 N Oakley Avenue, Chicago, IL 60645 (MLS# 12017773) is a Commercial property. 7546-48 N Oakley Avenue is currently listed for $1,950,000 and was received on May 01, 2024. Want to learn more about 7546-48 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.