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Property profile & analytics
FOR SALE
Residential income homes

2335 N Oakley Ave Chicago, IL 60647

3,921 SF 0.07 ac lot Built 1908
Trust Owned 9-yr Hold
Property ID
US28-0149982
Property summary
AI-generated overview

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 profile
Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1908
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,921 SF
Lot 0.07 ac (2,900 SF)
APN 14-31-101-019
UPID US28-0149982
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.01M
Comparable Approach Comparable
$682k
Blend (final) Blend
$840k
Owner & transaction history
Kasprisin,david Trust · 9 yrs held
Kasprisin,david Trust
since 2017
7 recorded transactions
2017
$1.0M
2014
Price N/A
2003
$635,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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