7546-48 N Oakley Avenue
Chicago, IL, 60645
$1,729,000
Beds
0 Baths
0 SqFt
0.14 Acres
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$1,729,000
7546-48 N Oakley Avenue
Chicago, IL, 60645
MLS #MRD12305651 img 0
Classic Chicago brick, center entrance, 7 unit apartment building in West Ridge/Rogers Park. Turn key property, excellent investment or 1031 Exchange. This property consists of 7 residential units and 5 garage parking spaces. The apartment rental mix is comprised of six 3 bed/1.1 bath plus one 2 bed/1 bath garden unit. Fully rented, this investment provides excellent cash flow opportunity. The owners have meticulously rehabbed every unit in the building. All of the 3 bed units are ample and boast large sunny living room, huge dining room with built-in custom cabinets and buffet, in unit laundry, hardwood floors. Garden unit has direct access to coin operated commercial W/D, right outside the unit. The rear of the building features a concrete patio and 5 car garage. Full basements with 10 storage lockers. Excellent location, walk to shops, restaurants, grocery and more! Great access to public transit with a 3/4 mile walk to the CTA Howard train station for Red, Purple and Yellow lines, Howard buses (bus stop less than a block away) and easy driving or bus access to Evanston and other shopping, groceries and restaurants within the City of Chicago. Easy 1.3 mile bike ride or walk to the lakefront! A very special offering for your investment.

Property Details

Price:
$1,729,000
MLS #:
MRD12305651
Status:
Active
Beds:
0
Baths:
0
Address:
7546-48 N Oakley Avenue
Type:
Commercial
Neighborhood:
CHI – West Ridge
City:
Chicago
Listed Date:
Mar 14, 2025
State:
IL
ZIP:
60645
Lot Size:
6,500 sqft / 0.14 acres (approx)
Year Built:
1930

Schools

Interior

Cooling
Window Unit(s)
Fireplaces Total
3

Exterior

Construction Materials
Brick
Roof
Rubber

Financial

Net Operating Income
$100,939
Tax Year
2023
Taxes
$17,028
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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7546-48 N Oakley Avenue
Chicago, IL