2440 S Oakley Ave

Chicago, IL 60608

$699,000
Price
7
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a front view of a brick house with many windows
front view of a house with a small yard
a front view of a house with a yard
a view of empty room with wooden floor and fan
an empty room with wooden floor and windows
a view of a livingroom with wooden floor
a kitchen with a stove sink and cabinets
a kitchen with a stove a sink and a refrigerator
a view of kitchen with furniture refrigerator and window
a bathroom with a shower
a bathroom with a toilet sink and mirror
a view of a bathroom with a window
a living room with furniture and a wooden floor
a kitchen with stainless steel appliances a refrigerator sink and cabinets
a bathroom with a toilet a sink and bathtub
a living room with furniture and windows
an empty room with wooden floor and windows
a dining room with furniture and window
an empty room with a window
a dining room with furniture and window
a view of an empty room
a view of a room with gym equipment
a view of storage and utility room
a front view of a house with garden
a view of a backyard with table and chairs and wooden fence
a backyard of a house with seating space

Description

RARE CHANCE to own a huge solid all brick 4 unit apartment building on Oakley Avenue at the HEART of Heart of Chicago's classic dining scene and steps to public transit, shopping and much more. 2440 S Oakley has retained it's Victorian era charm inside and out with much of the original woodwork, hardwood flooring, hardware, fixtures and doors intact. Tall ceilings and large windows flood the units with natural light. Units are easily rented but the full potential of the building lies in the giant...RARE CHANCE to own a huge solid all brick 4 unit apartment building on Oakley Avenue at the HEART of Heart of Chicago's classic dining scene and steps to public transit, shopping and much more. 2440 S Oakley has retained it's Victorian era charm inside and out with much of the original woodwork, hardwood flooring, hardware, fixtures and doors intact. Tall ceilings and large windows flood the units with natural light. Units are easily rented but the full potential of the building lies in the giant basement which has 3 egresses, full size windows, concrete slab, and 7.5 foot ceilings. The attic offers even further potential. A nice sized backyard with grass and easy street parking makes this a special opportunity to be the next steward of a piece of Chicago history.

Property Details for 2440 South Oakley Avenue

Area
CHI - Lower West Side
Township
West Chicago
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Parking Included in Price
No
Heat/Fuel
Hot Water/Steam, Space Heater/s
Architectural Style
Victorian
Zoning
MULTI
LISTING UPDATED: 09/06/2025 12:06 AM

Property Details for 2440 South Oakley Avenue

StatusActive
MLS #12459319
Days on Market112
Taxes$8,373 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1883
Lot Size0.06 AC / 2,808 SF
CountyCook County

Location

Listing Courtesy of C. Gallucci Realty, Inc.
Add your commute

Building Information for 2440 South Oakley Avenue

Stories-Residences4Year Built1883Building Size-Lot Size0.06 AC / 2,808 SF

Payment Calculator

$4,152 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,454

Property Taxes

$698

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2440 South Oakley Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Property Information
Interior Features
  • Num Of Rooms: 15
  • Bedrooms Total: 7
  • Bedrooms (Below Grade): 0
  • Basement Type: Unfinished, Concrete, Daylight, Full, Walk-Out Access
  • Bedrooms Possible: 7
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 27 X 104
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Construction: Brick
  • Roof Type: Asphalt
  • Foundation Details: Brick/Mortar, Stone
  • General Information: Commuter Bus,Commuter Train
  • North Coordinate: 0
  • South Coordinate: 2440
  • East Coordinate: 0
  • West Coordinate: 2300
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 26
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Fuel Expense: $3,600.00
  • Insurance Expense: $3,800.00
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Actual
  • Water Expense Source: Owner Projection
  • Water Sewer Expense: $3,000.00
Unit 1
  • Unit Type Actual Rent: $1,300.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 08/25
Unit 2
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: MTM
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: VAC
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Lease Expiration Date: OWN

Property History for 2440 South Oakley Avenue

DateEvent & SourcePriceAppreciation
Aug 29, 2025

Listed (Active)

MRED #12459319

$699,000—
Jul 31, 2012

Expired

MRED #07929359

$267,000—
Oct 21, 2011

Listed (Active)

MRED #07929359

$267,000—
DateEvent & SourcePrice
08/29/2025

Listed (Active)

MRED #12459319

$699,000
07/31/2012

Expired

MRED #07929359

$267,000
10/21/2011

Listed (Active)

MRED #07929359

$267,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2440 South Oakley Avenue

Taxable ValueLand$8,424Additions$34,576Total$43,000
Tax Record2023$8,373 ($698 / month)
Home Facts
Baths2Total Finished SqFt2,486 SqFtAbove Grade Finished SqFt2,486 SqFtStories2Lot Size2,808 SqFtStyleMulti-Family Res (5+ Units)Year Built1886CountyCOOKAPN17-30-119-036

Schools near 2440 South Oakley Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Ruiz Elementary School
Public - PK to 8
Juarez Community Academy High School
Public - 9 to 12
Ijla Charter High School
Charter - 9 to 12
Ihsca Charter High School
Charter - 9 to 12
Rating
School
Distance
Ruiz Elementary School
PublicPK to 8

Juarez Community Academy High School
Public9 to 12

Ijla Charter High School
Charter9 to 12

Ihsca Charter High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 2440 South Oakley Avenue, Chicago, IL 60608

2440 South Oakley Avenue is a multi-family home for sale in Chicago, IL 60608. This property was listed for sale on August 29, 2025 by C. Gallucci Realty, Inc., it's currently listed at $699,000. This listing's school district is Chicago Public Schools. Nearby schools include Ruiz Elementary School, Juarez Community Academy High School and Ijla Charter High School. 2440 South Oakley Avenue is a 7-bed, 4-bath, multi-family home built in 1883.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of C. Gallucci Realty, Inc.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 09/06/2025 12:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.