3605 N Oakley Ave
Chicago, IL 60618
Price: $1,375,000
Type
Multi-Family
Units
6
Gross Income
$103,200
GRM
14.5



















MLS #: 10905900
Wonderful opportunity to buy and hold this gem or rehab to get the full market potential. Rarely available corner Lot 6 unit building located on the border of North Center and Roscoe Village in the highly sought after Bell Elementary School District just down the street - 1bd/1ba (3), 2bd/1ba (3). Ductwork in place for HVAC. Add in-unit w/d, stainless steel appliances, and duplex down first floor units and generate significant increase in rental income. Very stable tenancy with rare vacancy. Average residency of all non-owner occupied units is over 24 months. Walking distance to Lane Tech College Prep. Walking distance to the Addison Brown Line train stop. Blocks from Horner Park and Paul Revere Park. Walking distance to Trader Joe's, Mariano's, Jewel-Osco, Walgreens, Starbucks and many dining options. Near Waveland Bowl. Near the Music Box Theatre and all that the Southport Corridor has to offer. Walk to Wrigley Field. Enjoy the many street fairs and activities of Roscoe Village/North Center and the nearby surrounding neighborhoods of Lakeview and Lincoln Square. SOLD AS IS.
Expenses
Total Annual Operating Expenses (Provided by Owner) | $31,688 |
Annual Property Tax (for 2019) | $21,874 |
Interior Features
Basement | Full |
#Units | 6 |
Total Bedrooms | 9 |
Total Bathrooms | 6 |
General Features
Lot Dimensions | 12x125 |
Zoning | RT-3 |
# Stories | 3 |
Total Parking | 2 |
Year Built | 1915 |
Heat / Ventilation | Forced Air |
Unit Configuration
Type | #Units | Rooms | Bedrooms | Baths (Full | Half) | Monthly Rental Income (Min-Max) | Tenant Pays |
---|---|---|---|---|---|---|
Type 1 | 3 | 6 | 1 | 1 | 0 | $1,300 - $1,350 | Electric, Heat |
Type 2 | 3 | 7 | 2 | 1 | 0 | $1,400 - $1,400 | Electric, Heat |