$800,000
2554 N Oak Park Avenue
Chicago, IL, 60707
Prime Montclare 4-unit apartment building 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. 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. 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 Under Contract
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
chimontclare
Listed Date:
Sep 26, 2025
Year Built:
1926
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
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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Current real estate data for Multi Family in Chicago as of Oct 27, 2025
1,554
Multi Family Listed
81
Avg DOM
$495,144
Avg List Price
Community
- Address2554 N Oak Park Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60707
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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
