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2335 Oakley Ave Chicago, IL 60647

Sponsored
For Sale
$1,295,000

Updated 5,000 sq ft apartment building in Chicago.

Property size:
5,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional Bucktown multifamily property, located at 2335 N Oakley, Chicago, IL 60647, presents a compelling investment opportunity. Built in 1908, this 5,000 square foot apartment building boasts significant recent updates, including a new roof, updated plumbing, and newer windows. All units feature central heating and air conditioning, and in-unit laundry, enhancing tenant appeal and increasing rental income potential. The property also includes a newer three-car garage, adding further value. Current tenants are long-term and pay below-market rent, presenting a significant opportunity to increase revenue. Projected gross annual market rents are $109,200. The building sits on a wide lot in the desirable Bucktown neighborhood, at the cross streets of Oakley and Fullerton. 2015 property taxes were $14,293.18. Showings begin Friday at 11:00 AM. This is a rare chance to acquire a well-maintained, updated multifamily building in a prime Chicago location with substantial upside potential. Don't miss this chance to add a high-performing asset to your portfolio.

Property Features for 2335 Oakley Ave

General Information

Property type
Multifamily properties
Square Feet
5,000 SF

Building Details

Year Built
1908

HighLights

  • Renovated apartment units.
  • In‑unit laundry hookups.
  • Central heating and air conditioning.
  • New roof installed.
  • Updated plumbing systems.
  • New windows throughout.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6849429
Latitude
41.9245133

FAQs

What type of property is this?
Multifamily property - Updated 5,000 sq ft apartment building in Chicago.
Where is this multifamily property located?
The property is located at 2335 Oakley Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Renovated apartment units.; In-unit laundry hookups.; Central heating and air conditioning.
More about this property
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