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Greystone Triplex with Detached Garage
For Sale
$1,275,000
Pending

3248 N Oakley Ave, Chicago, IL 60618

Distinctive three-residence configuration includes a garden apartment, finished studio loft, oversized yard, and separate carport.

Property SizeContact for details
Days on Market13

Property Features for 3248 N Oakley Ave

General Information

Standard status Pending
Property subtype Multi-Family

Building Details

Year Built 1916
Construction greystone
Listing Agency: Blue Door Dave Inc
Listed By: Thomas Bezanes · License #471018395
Source: Highriseschicago
Added: Aug 21 Changed: Aug 31 Last Checked: Sep 1 at 6:36PM

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 Blue Door Dave Inc

Investment Insights

Based on property information with market context.

This 1916 greystone triplex combines historic construction with a flexible residential layout. The first and second floors each contain three bedrooms, one bathroom, formal living and dining rooms, and a custom wood-burning fireplace. Oak millwork, hardwood floors, stained-glass accents, oversized windows, and approximately 12-inch-thick limestone walls preserve the building’s architectural character. The kitchen was renovated in 2016 with custom cabinetry, stone countertops, stainless steel appliances, and a center island; the bathroom was updated in 2021.

A garden apartment provides two bedrooms, one bathroom, a full kitchen, living space, and storage. The detached greystone garage includes a finished loft used as a fitness studio and plumbed for a bathroom. Additional exterior features include a separate carport and oversized yard. The property is two blocks south of the Roscoe Street corridor and is within the Audubon School District.

Key Highlights

  • 1916 greystone triplex with approximately 12‑inch‑thick limestone walls
  • First and second floors each offer 3 bedrooms, 1 bathroom, living and dining rooms
  • Garden apartment configured with 2 bedrooms, 1 bathroom, full kitchen, and storage

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Accounting Firm Skin Care Clinic Dental Office Locksmith

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

Location Intelligence

Trade Area within ½ mile

573
Businesses Nearby

Demographics for 60618, IL

90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
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?
Triplex - Distinctive three-residence configuration includes a garden apartment, finished studio loft, oversized yard, and separate carport.
Where is this triplex located?
The property is located at 3248 N Oakley Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 1916 greystone triplex with approximately 12‑inch‑thick limestone walls; First and second floors each offer 3 bedrooms, 1 bathroom, living and dining rooms; Garden apartment configured with 2 bedrooms, 1 bathroom, full kitchen, and storage
More about this property
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