Chicago, IL 60645 7546-48 N Oakley Avenue
$1,729,000



66 more



































































Presented By: RE/MAX 10 Lincoln Park
Home Details
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.
Presented By: RE/MAX 10 Lincoln Park
Interior Features for 7546-48 N Oakley Avenue
Other Interior Features
BasementPartially Finished
Total Fireplaces3
General for 7546-48 N Oakley Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingWindow Unit(s)
CountyCook
Current UseMulti-Family
DirectionsN/S on Western to Birchwood Ave(7500N), east to Oakley Ave(2300W), north to 7546-7548 N Oakley Ave, one way going north.
ElectricCircuit Breakers, Service - 0 to 100 Amps
Electric Expense649
Fuel Expense8005
Gross Income162000
Insurance Expense6698
Lot Size Square Feet6500
MLS AreaCHI - West Ridge
MaintenanceExpense7759
Net Operating Income100939
Number Of Units Total7
Operating Expense59321
PossessionClosing, Tenant's Rights
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofRubber
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount17028
Tax Year2023
Tenant PaysElectricity, Other
TownshipRogers Park
Trash Expense6285
Virtual TourClick here
Water Sewer Expense5490
Year Built1930
ZoningMULTI
Exterior for 7546-48 N Oakley Avenue
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions125 X 52
Lot Size Acres0.14
Additional Details
Price History
