Residential Income for Sale: 1016 N Oakley, Chicago, IL 60622

7 beds
$1,200,000
$1,200,000
1016 N Oakley, Chicago, IL 60622
7 beds
$1,200,000
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Price:
$1,200,000

Type Residential Income
Beds 7
Year Built 1918

City Chicago
County Cook
School District 299

MLS 12258688
Status Active Under Contract
Rare investment opportunity in Chicago's sought-after Ukrainian Village! This legal all-brick 4 flat is a great prospect for an investment or a solid owner-occupied home in the protected Ukrainian Village Landmark District. 3 of the units are extra-large and have 2 beds, 1 bath featuring hardwood floors, high ceilings, original decorative fireplaces, eat-in kitchens, spacious dining rooms and a darling sun-room in front. Filled with sunshine, they have separate furnaces and in-unit dishwashers. Unit 1 has in-unit laundry. The 1 bed/1 bath garden unit has plenty of charm and light. The newly rebuilt back porch provides tenants with private outdoor space-perfect for morning coffee or sunset dinners. Situated on an extra wide lot, the 3-car garage provides additional parking revenue. Coin-laundry (more income!) and extra tenant storage are located in the basement. Current rents are below market rate. This property is turn-key, ready to generate income. Don't miss this rare gem in one of Chicago's best historic neighborhoods.

Room Features

Basement Description Partially Finished

Lot & Building Features

Heating Forced Air, Natural Gas
Parking Description Garage
Sewer Public Sewer
Tax Year 2023
Water Lake Michigan
Lot Dimensions 30X104 ft

Community and Schools

Elementary School 299
Senior High School Clemente Community Academy Senio

Price History of 1016 Oakley, Chicago, IL

Date Name Price Difference
12/31/1969 Listing Price $1,200,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By


Photo of Sharon Biros Koerber
Direct: 708-987-0180
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by @properties Christie's International Real Estate, Janet Roderick
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6.75%
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1016 Oakley (MLS #12258688) is a residential income listing located in Chicago, IL. This property was listed on 01/02/2025 and has been priced for sale at $1,200,000.

Nearby zip codes are 60609, 60612, 60642 and 60647.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: @properties Christie's International Real Estate