7546-48 N Oakley Ave

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Classic Chicago brick, center entrance, 7 unit apartment building in West Ridge/Rogers Park. Turn key property, excellent investment or 1031 Exchange. This property consists of 7 residential units and 5 garage parking spaces. The apartment rental mix is comprised of six 3 bed/1.1 bath plus one 2 bed/1 bath garden unit. Fully rented, this investment provides excellent cash flow opportunity. The owners have meticulously rehabbed every unit in the building. All of the 3 bed units are ample and boast...Classic Chicago brick, center entrance, 7 unit apartment building in West Ridge/Rogers Park. Turn key property, excellent investment or 1031 Exchange. This property consists of 7 residential units and 5 garage parking spaces. The apartment rental mix is comprised of six 3 bed/1.1 bath plus one 2 bed/1 bath garden unit. Fully rented, this investment provides excellent cash flow opportunity. The owners have meticulously rehabbed every unit in the building. All of the 3 bed units are ample and boast large sunny living room, huge dining room with built-in custom cabinets and buffet, in unit laundry, hardwood floors. Garden unit has direct access to coin operated commercial W/D, right outside the unit. The rear of the building features a concrete patio and 5 car garage. Full basements with 10 storage lockers. Excellent location, walk to shops, restaurants, grocery and more! Great access to public transit with a 3/4 mile walk to the CTA Howard train station for Red, Purple and Yellow lines, Howard buses (bus stop less than a block away) and easy driving or bus access to Evanston and other shopping, groceries and restaurants within the City of Chicago. Easy 1.3 mile bike ride or walk to the lakefront! A very special offering for your investment.
  1. Listed by Hugo Rodriguez • RE/MAX 10 Lincoln Park
    P: (773)-878-9373 C: (773)-230-2216 HugoRodriguezrealestateagent@yahoo.com

Sold By Coldwell Banker Realty

Property Details for 7546-48 North Oakley Avenue

Area
CHI - West Ridge
Township
Rogers Park
Air Conditioning Type
Window Unit(s)
Num of Interior Fireplaces
3
Zoning
MULTI
LISTING UPDATED: 11/28/2025 02:01 AM

Property Details for 7546-48 North Oakley Avenue

StatusClosed
MLS #12305651
Days on Market232
Taxes$17,028 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1930
Lot Size0.15 AC / 6,500 SF
CountyCook County
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Building Information for 7546-48 North Oakley Avenue

Stories3Residences7Year Built1930Building Size-Lot Size0.15 AC / 6,500 SF

Payment Calculator

$8,852 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,433

Property Taxes

$1,419

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7546-48 North Oakley Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
Location and General Information
  • Frontage Type: City Street
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Basement Type: Partially Finished
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers, Service - 0 to 100 Amps
  • # Of Washers: 7
  • Heat/Ventilation: Central Bldg Heat,Hot Water,Radiators
  • # Of Window/Ac: 32
  • # Of Refrigerators: 7
  • Washer/Dryer Lsd: No
  • Misc Inside: Storage Inside,Laundry Room,Workshop Area (Interior)
  • # Of Dryers: 7
  • # Of Dishwashers: 7
  • Num of Baths: 7.6
Exterior Features
  • Misc Outside: Enclosed Stairs,Patio,Security Gate
Property/Lot Information
  • Tenant Pays: Electricity, Other
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 125 X 52
  • Lot Size Square Feet: 6500.0
  • Stories: 3
  • Construction: Brick
  • Roof Type: Rubber
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • # Of Ranges: 7
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2025-03-14T14:54:42
  • Photos Count: 71
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 03-14-2025
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
Income & Expenses
  • Electric Expense: $545.00
  • Fuel Expense: $7,582.00
  • Gross Income: $168,300.00
  • Gross Scheduled Income: $168,300.00
  • Insurance Expense: $8,790.00
  • Maintenance Expense: $5,476.00
  • Electric Expense Source: Actual
  • Known Encumbrances: None Known
  • Expense Year: 2024
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 2523
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 14025
  • Water Expense Source: Actual
  • Net Operating Income: $111,986.00
  • Operating Expense: $56,314.00
  • Other Expense: $2,400.00
  • Trash Expense: $6,477.00
  • Water Sewer Expense: $5,493.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 6
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 7546-48 North Oakley Avenue

DateEvent & SourcePriceAppreciation
Nov 26, 2025

Sold

MRED #12305651

$1,525,000
Oct 31, 2025

Pending

MRED #12305651

Oct 31, 2025

Contingent

MRED #12305651

Oct 22, 2025

Price Change

MRED #12305651

$1,634,000
Sep 11, 2025

Price Change

MRED #12305651

$1,674,000
Mar 14, 2025

Listed (Active)

MRED #12305651

$1,729,000
Nov 26, 2024

Cancelled

MRED #12017773

$1,950,000
May 1, 2024

Listed (Active)

MRED #12017773

$1,950,000
Feb 15, 2017

Sold

MRED #09353307

$1,100,000
Nov 23, 2016

Pending

MRED #09353307

Sep 26, 2016

Listed (Active)

MRED #09353307

$1,150,000
DateEvent & SourcePrice
11/26/2025

Sold

MRED #12305651

$1,525,000
10/31/2025

Pending

MRED #12305651

10/31/2025

Contingent

MRED #12305651

10/22/2025

Price Change

MRED #12305651

$1,634,000
09/11/2025

Price Change

MRED #12305651

$1,674,000
03/14/2025

Listed (Active)

MRED #12305651

$1,729,000
11/26/2024

Cancelled

MRED #12017773

$1,950,000
05/01/2024

Listed (Active)

MRED #12017773

$1,950,000
02/15/2017

Sold

MRED #09353307

$1,100,000
11/23/2016

Pending

MRED #09353307

09/26/2016

Listed (Active)

MRED #09353307

$1,150,000

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

Schools near 7546-48 North Oakley Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 8
Charter - 7 to 11
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Art in Motion Charter School
Charter7 to 11

Sullivan High School
Public9 to 12

York Alternative High School
Public9 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.

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Listing Courtesy of RE/MAX 10 Lincoln Park

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 11/28/2025 02:01 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.