2554 N Oak Park Avenue
Chicago, IL, 60707
$800,000
8 Beds
4 Baths
0 SqFt
0 Acres
Add
Add
$800,000
2554 N Oak Park Avenue
Chicago, IL, 60707
MLS #MRD12481759 image #0MLS #MRD12481759 image #1MLS #MRD12481759 image #2MLS #MRD12481759 image #3MLS #MRD12481759 image #4MLS #MRD12481759 image #5MLS #MRD12481759 image #6MLS #MRD12481759 image #7MLS #MRD12481759 image #8MLS #MRD12481759 image #9MLS #MRD12481759 image #10
Prime Montclare 4-unit apartment building with three (3) additional non-conforming garden units, offered for the first time in 20+ years. Unit mix includes four (4) spacious 2BD/1BA apartments featuring hardwood floors, decorative fireplaces, and separate dining rooms, plus two (2) 1BD/1BA and one (1) 2BD/1BA non-conforming garden apartments. Key improvements include separately metered electric with 200-AMP service, vinyl windows (last 15 years), flat roof with new layer (~10 years), GE hot water heater (2010), and gas-forced furnaces. Second-floor tenants pay their own electric, cooking gas, and heat; first-floor and garden units have owner-paid heat. Additional features: building-owned coin laundry and attached two-car brick garage. Current rents are well below market, creating a strong value-add opportunity through renovations, and rental increases. Excellent investment for long-term cash flow and appreciation in a stable neighborhood.

Property Details

Price:
$800,000
MLS #:
MRD12481759
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
chimontclare
Listed Date:
Sep 26, 2025
Year Built:
1926
Chi – MontclareChimontclare

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Brick
Parking Features
On Site, Detached, Garage
Parking Spots
2

Financial

Tax Year
2023
Taxes
$6,544
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Current real estate data for Multi Family in Chicago as of Oct 06, 2025
1,484
Multi Family Listed
79
Avg DOM
$501,122
Avg List Price

Community

Subdivisions in Chicago

Similar Listings Nearby

broker reciprocity
MLS# MRD12440195broker reciprocity
1750 W Cermak Road
Chicago, IL

$1,039,999

4.4 miles away

broker reciprocity
MLS# MRD12483916broker reciprocity
4634 S Langley Avenue
Chicago, IL

$1,035,000

4.6 miles away

broker reciprocity
MLS# MRD12461746broker reciprocity
4621 N MONTICELLO Avenue
Chicago, IL

$1,025,000

4.9 miles away

broker reciprocity
MLS# MRD12216634broker reciprocity
1351 N Campbell Avenue
Chicago, IL

$1,000,000

2.7 miles away

broker reciprocity
MLS# MRD12486715broker reciprocity
5426 N Western Avenue
Chicago, IL

$1,000,000

3.0 miles away

broker reciprocity
MLS# MRD12353210broker reciprocity
3044 N Kolmar Avenue
Chicago, IL

$995,000

3.7 miles away

broker reciprocity
MLS# MRD12475666broker reciprocity
1922 N Humboldt Boulevard
Chicago, IL

$995,000

0.9 miles away

broker reciprocity
MLS# MRD12487887broker reciprocity
3928 S Calumet Avenue
Chicago, IL

$995,000

4.3 miles away

broker reciprocity
MLS# MRD12449848broker reciprocity
1732 W Fletcher Street
Chicago, IL

$980,000

3.9 miles away

broker reciprocity
MLS# MRD12300648broker reciprocity
4836 S Dorchester Avenue
Chicago, IL

$975,000

4.9 miles away

Property Summary

    2554 N Oak Park Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60707. It is listed for $800,000 To schedule a showing of MLS#mrd12481759 at 2554 N Oak Park Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
2554 N Oak Park Avenue
Chicago, IL