2335 Oakley Ave Chicago, IL 60647
- Residential income homes
- 3,921 SF
- 0.07 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 2335 Oakley Ave
- Year built
- 1908
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.07 lot acres
- Property size
- 3,921 SF
- Property type
- Residential income homes
- Property subtype
- Small apartment buildings
- APN
- 14-31-101-019
- APU
- 1431101019
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6849
- Latitude
- 41.9245
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
