Chicago, IL 60707 2554 N Oak Park Avenue
$800,000
6 more
Presented By: Compass
Beds • 8
Baths • 4
Garage • 2
Home Details
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.
Presented By: Compass
Interior Features for 2554 N Oak Park Avenue
Bedrooms
Bedrooms Possible8
Total Bedrooms8
Bathrooms
Full Baths Building4
Half Baths Building
Total Baths4
Other Interior Features
BasementFinished, Partial, Daylight
Total Number of Units4
General for 2554 N Oak Park Avenue
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
DirectionsNorth on Oak Park to southwest corner of Oak Park and Wrightwood - entrance to 2556 off Wrightwood
Electric Expense2927
Elementary School District299
Garage Spaces2
HeatingNatural Gas
High School District299
Insurance Expense3111
MLS AreaCHI - Montclare
Middle/Junior School District299
New ConstructionNo
OwnershipCondo
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount6544
Tax Year2023
Total Rooms5
TownshipJefferson
Trash Expense3111
Water Sewer Expense4092
Year Built1926
Exterior for 2554 N Oak Park Avenue
Lot Dimensions25x125
Parking FeaturesOn Site, Detached, Garage
Total Parking2
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History
