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About the Listing 6200 - 43419,43890
Prime Montclare 4-unit apartment building with three (3) additional non-conforming garden units, 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, plus two (2) 1BD/1BA and one (1) 2BD/1BA non-conforming garden apartments. 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. Second-floor tenants pay their own electric, cooking gas, and heat; first-floor and garden units have owner-paid heat. 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.
Listing Highlights for 2554 N Oak Park Ave
Status
Active
Days on Site
8
Property Type
Multi-Family
MLS ®
12481759
Year Built
1926
Total Square Footage
0
Lot/Acreage
25x125
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Partial,Daylight
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 25x125
- Roof:
- Others:
- Sewer:
- Parking Features: On Site,Detached,Garage
Financial Details
- Tax Amount: $6,544
- Taxes w/Assessments: N/A
- Tax/Property ID: 13303230200000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
2554 N Oak Park Ave Chicago, IL 60707
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