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18-Unit Apartment Building
For Sale
$3,725,000

1007 S Oakley Boulevard, Chicago, IL 60612

Multifamily property with varied two- and three-bedroom layouts, central forced-air heat, and shared laundry facilities.

Property SizeContact for details
Days on Market114

Property Features for 1007 S Oakley Boulevard

General Information

Standard status Active
Property subtype Commercial

Units

Unit Mix 10 x 2 Bed 1 Bath, 8 x 3 Bed 1 Bath
Multifamily Units 18

Taxes and HOA fees

Annual Taxes $32,770

Amenities

laundry room

Building Details

Year Built 1905
Listing Agency: SPERRY VAN NESS
Listed By: DAVID SZYMANOWSKI · License #475206149
Source: Corcoran
Added: May 9 Changed: Aug 30 Last Checked: Aug 30 at 11:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SPERRY VAN NESS

Investment Insights

Based on property information with market context.

This 18-unit apartment building, constructed in 1905, offers a mix of 10 two-bedroom, one-bath residences and 8 three-bedroom, one-bath residences. Central forced-air heat serves all units. Most apartments have received kitchen and bathroom updates, including newer cabinetry, stainless steel appliances, and newer windows. The property also includes a newer roof and a substantial basement with laundry facilities.

Located at 1007 S Oakley Boulevard in Chicago’s West Side, the building presents a defined multifamily configuration with varied unit layouts and several property-wide improvements. The combination of unit mix, central heating, updated interiors in most residences, and basement laundry creates a practical operating profile for an apartment building.

Key Highlights

  • 18 units with 10 two‑bedroom and 8 three‑bedroom apartments
  • Central forced‑air heat serves all units
  • Most units feature updated kitchens and bathrooms

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18
Residential units

Location Intelligence

Trade Area within ½ mile

5,050
Businesses Nearby

Demographics for 60612, IL

34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with varied two- and three-bedroom layouts, central forced-air heat, and shared laundry facilities.
Where is this apartment building located?
The property is located at 1007 S Oakley Boulevard Chicago, IL.
What is the asking price?
The asking price for this property is $3,725,000.
What are key features of this property?
This property features: 18 units with 10 two‑bedroom and 8 three‑bedroom apartments; Central forced‑air heat serves all units; Most units feature updated kitchens and bathrooms
More about this property
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