2554 Oak Park Avenue, Montclare, Chicago, Illinois 60707
$800,000
|
For Sale
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| Status: | Contingent |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1926 |
| Property Taxes: | $6,544 |
| Days On Market: | 56 |
| Lot Size: | 0,00 |
Description
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 Specifics
| Multi-unit | |
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| 1926 | |
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| No | |
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| Cook | |
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| — / — | |
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| 12481759 | |
| 13303230200000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 7 Oct, 2025 | Under contract | $800,000 | MRED MLS |
| 26 Sep, 2025 | Listed for sale | $800,000 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
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Floor Type: —
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Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
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| 25x125 | |
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| Not in DB | |
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| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2025 | $6,544 |
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Listing Provided By
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