2420 Oakley Avenue, Lower West Side, Chicago, Illinois 60608
$695,000
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Sold
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | — |
| Property Taxes: | $10,599 |
| Days On Market: | 53 |
| Lot Size: | 0,06 |
Description
Rarely available, this classic brick 3-unit in the highly desirable Heart of Chicago section of Pilsen offers strong upside for both investors and owner-occupants. The building includes two 2 bed / 1 bath units on the first floor (front and rear), and a spacious 5 bed / 2 bath top-floor apartment that's perfect for an owner's unit or high-rent tenant. The top unit features interior stairs to a large unfinished attic, offering excellent potential to duplex up and significantly increase value and rent. Currently, both the top-floor unit and the rear 2 bed unit are vacant, making this a unique opportunity to lease, or live in while generating income. An unfinished basement with roughed-in plumbing for a bathroom, rear egress, and common laundry area offers additional expansion potential. Located in one of Pilsen's most vibrant pockets, this block of Oakley is home to a Restaurant Row with six fine dining establishments and cozy cafes. Just a short walk to Pete's Grocery, the PINK Line, and moments from 18th Street shops, Thalia Hall, etc. With two vacant units, expansion potential, and a rapidly appreciating location, this property is a rare chance to invest or settle in one of Chicago's most exciting neighborhoods
Property Specifics
| Multi-unit | |
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| No | |
| 0.06 |
| Cook | |
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| 12387739 | |
| 17301150470000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 28 Jul, 2014 | Sold | $315,000 | MRED MLS |
| 2 Jun, 2014 | Under contract | $349,999 | MRED MLS |
| 15 May, 2014 | Listed for sale | $349,999 | MRED MLS |
| 18 Jun, 2022 | Sold | $620,000 | MRED MLS |
| 12 May, 2022 | Under contract | $597,500 | MRED MLS |
| 5 May, 2022 | Listed for sale | $597,500 | MRED MLS |
| 18 Aug, 2025 | Sold | $695,000 | MRED MLS |
| 18 Jul, 2025 | Under contract | $695,000 | MRED MLS |
| 18 Jul, 2025 | Listed for sale | $695,000 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
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Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
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| 25X100 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2014 | $4,545 |
| 2022 | $5,717 |
| 2025 | $10,599 |
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Listing Provided By
RE/MAX LOYALTY
