Four-Unit Residential Income
For Sale
$1,399,000
Pending
1900 W Oakdale Avenue Chicago, Chicago, IL 60657
Well-maintained four-unit building offers all two-bedroom, one-bath apartments with central HVAC and select in-unit laundry.
Property SizeContact for details
Days on Market98
Property Features for 1900 W Oakdale Avenue Chicago
General Information
Standard status
Pending
Total Parking Spaces
2
Property subtype
Two to Four Units
Zoning
MULTI
Net Operating Income
$97,948
Additional Details
Cap Rate
7%
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$18,885
Amenities
Partially Finished,Partial
Double Sink,Soaking Tub
4
8
Lake Michigan
2
4055
0.08
No
CO Detectors
Garage Door Opener,Yes,Garage Owned,Detached,Garage
Concrete Perimeter
Building Details
Year Built
1914
Tenancy
Multi
Listing Agency:
Compass Chicago
(847) 558-6808
Listed By:
Luigui Corral · License #475197013
(847) 558-6808
Source:
Remaxadream
Added: May 20
Changed: Aug 23
Last Checked: Jul 24 at 12:37PM
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 Compass Chicago
Investment Insights
Based on property information with market context.
This well-maintained four-unit building features all two-bedroom, one-bathroom apartments. The owner’s unit has been completely rehabbed and is ready for its next occupant, with a newly updated kitchen and bathroom, in-unit laundry, and high-end finishes including new soft-close cabinetry, quartz countertops, and an elevated tile backsplash.
All units include central heating and air conditioning. Three units have private outdoor space, and two units offer in-unit laundry while the remaining units use the free common laundry in the basement. The building sits on a south-facing corner lot and includes a two-car garage plus dedicated storage space for each unit.
Located in Lakeview, the property is just steps from CTA transit, the Lakefront Trail, parks, and restaurants.
All units include central heating and air conditioning. Three units have private outdoor space, and two units offer in-unit laundry while the remaining units use the free common laundry in the basement. The building sits on a south-facing corner lot and includes a two-car garage plus dedicated storage space for each unit.
Located in Lakeview, the property is just steps from CTA transit, the Lakefront Trail, parks, and restaurants.
Key Highlights
- 1914‑built, well‑maintained 4‑unit building with all units configured as 2 bed, 1 bath
- Owner’s unit completely rehabbed with a brand‑new kitchen and bathroom, in‑unit laundry, and king‑size bedroom
- Projected owner‑unit rents of $3,200+ per month and projected cap rate of 7%
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,345
Businesses Nearby
Explore this area
Business Placement
Demographics for 60657, IL
72,316
Population
42,246
Households
1.7
Avg Household Size
32
Median Age
87%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
32,871
Density / Sq Mi
$109,025
Median Household Income
$77,731
Median Earnings
$1,839
Median Rent
$534,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Well-maintained four-unit building offers all two-bedroom, one-bath apartments with central HVAC and select in-unit laundry.
Where is this multifamily property located?
The property is located at 1900 W Oakdale Avenue Chicago Chicago, IL.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 1914‑built, well‑maintained 4‑unit building with all units configured as 2 bed, 1 bath; Owner’s unit completely rehabbed with a brand‑new kitchen and bathroom, in‑unit laundry, and king‑size bedroom; Projected owner‑unit rents of $3,200+ per month and projected cap rate of 7%
