1037 W OAKDALE AVE Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60657
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12401462
Bedrooms 8
Annual Tax Amount $17,356
Tax Year 2023
Lot Dimensions 25X123
Property Sub-Type Two to Four Units
Property Description
Completely renovated 2-flat in historic Terracotta District of Oakdale Ave. Views of woodsy estate from top unit and downtown from the high decks. This quiet Lakeview location has earned $122,000 gross rent annually. Each unit offers spacious duplex up-and-down layouts with 4 Bedrooms and 3 Baths, separate outdoor spaces, high ceilings, newer hardwood floors, sunlit rooms & in-unit washers & dryers. Modern kitchens with white Shaker cabinetry, tiled backsplash, quartz countertops & breakfast bar. Walk-in pantry. Main levels offer open floor plan with bay windows, office nook, and a private bedroom. All four bedrooms have ample closet space. Roomy bathrooms equipped with floating vanities & spa-like finishes. Four parking spots (2 tandem lanes). Suitable for owner occupants or lease to earn 6% on your investment. There are always multiple rental offers on these homes with happy tenants renewing their lease year after year. Unit 1 Rent: $5,000. Unit 2 held vacant for possible OO, but will easily return $5,200 +. Photos include vacant upper unit and pics from tenant-occupied unit. Roof, gutters and many windows replaced in 2018. Upper HVAC is new 2025. Owner takes exceptional care of property. See list of improvements/replacements in drop down 'additional information'. Five-minute walk to the Brown Line, schools, parks, dining & shopping!
Location
State IL
County Cook
Area Chi - Lake View
Zoning MULTI
Rooms
Basement Unfinished,Full,Walk-Out Access
Interior
Heating Natural Gas
Fireplace N
Exterior
Exterior Feature Balcony
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Frame, No
Sewer Other
Water Lake Michigan
Structure Type Frame
New Construction false
Schools
Elementary Schools Harriet Tubman Elementary School
Middle Schools Harriet Tubman Elementary School
High Schools Lincoln Park High School
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany