Chicago, IL 60612 504 S Oakley Boulevard
$1,900,000



18 more


















Presented By: @properties Christie's International Real Estate
Home Details
This exceptional investment opportunity offers the acquisition of a modern 6-unit multifamily asset ideally located in the rapidly growing Tri-Taylor neighborhood of Chicago. Constructed in 2014, the property features condominium-quality finishes, efficient building systems, and thoughtfully designed floor plans that continue to attract strong tenant demand and support premium rental rates. The asset presents investors with a rare opportunity to acquire a newer construction multifamily building with minimal deferred maintenance and lower ongoing capital expenditure requirements compared to the area's aging housing stock. Its combination of modern amenities, strong rental appeal, and strategic location near major medical campuses, universities, public transportation, and downtown Chicago positions the property for stable cash flow and long-term appreciation potential. Unit mix: 1 duplex down-4 bed/4 bath, 1 duplex down- 3 bed/2 bath, 4 simplex- 2 bed/ 2bath
Presented By: @properties Christie's International Real Estate
General for 504 S Oakley Boulevard
Additional Parcels Description17181280350000
Additional Parcels Y/NYes
Cap Rate5.52
CityChicago
Construction MaterialsBrick, Block
CoolingCentral Air
CountyCook
DirectionsEast on Congress Parkway to South on Oakley to property
Electric Expense830
Fuel Expense
Gross Income167676
Insurance Expense6632
MLS AreaCHI - Near West Side
MaintenanceExpense
Net Operating Income105012
Number Of Units Total6
Operating Expense48892
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount29390.18
Tax Year2024
Tenant PaysElectricity, Heat
TownshipWest Chicago
Trash Expense5400
Water Sewer Expense4640
Year Built2014
ZoningMULTI
Exterior for 504 S Oakley Boulevard
Building Area Total8084
Lot Dimensions40x127
Additional Details
Price History

SQFT • 8,084