Search
Brick 3-Unit Multifamily Building
New
For Sale
$785,000

2420 S Oakley Avenue, Chicago, IL 60608

Three apartments include two first-floor homes and a spacious upper-level residence with attic access.

Property SizeContact for details
Days on Market7

Property Features for 2420 S Oakley Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 2BR/1BA, 1 x 5BR/2BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $11,050

Amenities

common laundry area

Building Details

Construction brick
Listing Agency: RE/MAX LOYALTY
Listed By: Jaime Campos · License #475157922
Source: Harkinsandassociates
Added: Sep 16 Changed: Sep 19 Last Checked: Sep 21 at 7:49AM

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 RE/MAX LOYALTY

Investment Insights

Based on property information with market context.

This brick multifamily property contains three apartments arranged across two levels. The first floor has front and rear two-bedroom, one-bath units, while the upper level contains a five-bedroom, two-bath residence. Interior access from the top-floor apartment leads to a large unfinished attic that could support additional living area, subject to applicable approvals.

The unfinished basement includes roughed-in plumbing for a bathroom, rear egress, and shared laundry space. The top-floor apartment and rear first-floor unit are currently occupied. The property is in Chicago’s Pilsen neighborhood, with restaurants, cafes, and other neighborhood businesses nearby. The Pink Line is accessible from the area, and expressways are within a short drive.

Key Highlights

  • Brick 3‑unit multifamily property
  • Two first‑floor units, each with 2 bedrooms and 1 bath
  • Top‑floor residence offers 5 bedrooms and 2 baths

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tanning Salon Pet Grooming Service HVAC Service

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

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,274
Businesses Nearby

Demographics for 60608, IL

75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Three apartments include two first-floor homes and a spacious upper-level residence with attic access.
Where is this triplex located?
The property is located at 2420 S Oakley Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Brick 3‑unit multifamily property; Two first‑floor units, each with 2 bedrooms and 1 bath; Top‑floor residence offers 5 bedrooms and 2 baths
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message