2420 S Oakley Avenue
Chicago, IL 60608
- 8 beds
- 4 baths
- – sqft
- 2,614 sqft lot
- – on site
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
Last checked:
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Last updated Apr 19, 2025
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MLS# 12320898 —
Upcoming Open Houses
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Saturday, 4/19
11am-3pm -
Sunday, 4/20
11am-2pm
The Building
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Rebuilt:No
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New Construction:false
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Construction Materials:Brick
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Roof:Asphalt
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Basement:Partially Finished, Full, Walk-Out Access
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Patio And Porch Features:Patio
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Window Features:Screens
Interior
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Rooms Total:13
Location
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Directions:WESTERN TO 24TH ST, EAST ON 24TH TO OAKLEY, SOUTH ON OAKLEY TO PROPERTY.
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Location:85895
The Property
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Parcel Number:17301150470000
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Property Type:Residential Income
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Location:C
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Lot Size Dimensions:25X100
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Lot Size Acres:0.06
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (708) 715-7258
- Office phone:
- (773) 772-6969
Taxes
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Tax Year:2023
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Tax Annual Amount:10598.5
Beds
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Bedrooms Total:8
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Bedrooms Possible:8
Baths
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Baths:4
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Full Baths:4
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air, Steam
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan, Public
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
The Community
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Community Features:Curbs, Sidewalks, Street Lights, Street Paved
Parking
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Parking Total:2
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Parking Features:Assigned, Off Alley, Off Street, Alley Access, On Site, Owned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/17/25
Apr 17, 2025
|
Listed / Active | MRED | $745,000 | 20.2% (7.1% / YR) |
6/18/22
Jun 18, 2022
|
MRED | $620,000 | 3.8% | |
6/10/22
Jun 10, 2022
|
MRED | $597,500 |