4039 North Oakley Avenue

Chicago, IL 60618

$814,900
Price
5
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This property is truly turnkey, both the physical building itself and the 3-unit rental business it provides. All units were fully renovated, typically get rented within a few days of listing, and are currently rented below market, so rents can easily be raised and still be competitive. For those looking to owner-occupy, FL 1 would be ideal as it's the largest unit and allows for a flexible move-in since the lease is month-to-month with a 60-day notice to vacate. Large two-car garage can be rented...This property is truly turnkey, both the physical building itself and the 3-unit rental business it provides. All units were fully renovated, typically get rented within a few days of listing, and are currently rented below market, so rents can easily be raised and still be competitive. For those looking to owner-occupy, FL 1 would be ideal as it's the largest unit and allows for a flexible move-in since the lease is month-to-month with a 60-day notice to vacate. Large two-car garage can be rented for additional income as well. The building has been extremely well cared for by responsible owners. The rental units have been effortlessly managed using Avail landlord software to handle the rental listings, tenant background checks, leases, and rent collection. Located on a quiet, tree- lined and one-way street in a great North Side neighborhood. Amazing fenced-in backyard with turf and patio, currently accommodating grills, firepit, table/seating, and plenty of extra space. Walking distance to Brown Line, Western and Irving Park bus stops, Walgreens, CVS, Coonley Elementary, many parks, restaurants, and nightlife. Just under a mile to Trader Joe s, 2.3 miles to Lakefront Trail, and 2.6 miles to Kennedy Expressway.
  1. Listed by Colleen Berg • Berg Properties

Property Details for 4039 North Oakley Avenue

Area
CHI - North Center
Township
North Chicago
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Heat/Fuel
Natural Gas, Forced Air, Indv Controls
Architectural Style
Traditional
Zoning
MULTI

Location

Listing Courtesy of Berg Properties
Add your commute
LISTING UPDATED: 04/22/2024 12:07 AM

Property Details for 4039 North Oakley Avenue

StatusActive
MLS #11971383
Days on Market74
Taxes$12,231 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1903
Lot Size0.07 AC / 3,049 SF
CountyCook County

Location

Listing Courtesy of Berg Properties
Add your commute

Building Information for 4039 North Oakley Avenue

Stories-Residences3Year Built1903Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$5,466 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,447

Property Taxes

$1,019

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4039 North Oakley Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 14
  • Bedrooms (Below Grade): 0
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Basement Type: Partial, Walkout
  • Bedrooms Possible: 5
  • Basement Description: Partially Finished
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
  • Other Equipment: CO Detectors, Ceiling Fan(s)
Property/Lot Information
  • Exterior Property Features: Patio
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 1995
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: Fenced Yard
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 3100
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding
  • General Information: Commuter Bus
  • North Coordinate: 4039
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 2300
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2024-02-15T18:15:41
  • Photos Count: 25
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,875.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: M/M
Unit 2
  • Unit Type Actual Rent: $1,825.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 07/24
Unit 3
  • Unit Type Actual Rent: $1,295.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 05/24

Property History for 4039 North Oakley Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4039 North Oakley Avenue

Taxable ValueLand$27,900Additions$36,253Total$64,153
Tax Record2022$12,492 ($1,041 / month)
Home Facts
Baths3Total Finished SqFt2,926 SqFtAbove Grade Finished SqFt2,926 SqFtStories2Lot Size3,100 SqFtStyleMulti-Family Res (5+ Units)Year Built1903CountyCOOKAPN14-18-324-008

Schools near 4039 North Oakley Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 7 to 12
Public - 11 to 12
Rating
School
Distance
Coonley Elementary School
PublicK to 8

Amundsen High School
Public9 to 12

Lane Technical High School
Public7 to 12

Devry Advantage Academy High School
Public11 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.

Similar Homes

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4039 North Oakley Avenue is a multi-family home for sale in Chicago, IL 60618. This property was listed for sale on February 15, 2024 by Berg Properties, it's currently listed at $814,900. It has been on the market for a total of 74 days and was last sold on April 23, 2018. This listing's school district is City Of Chicago School District 299. Nearby schools include Coonley Elementary School, Amundsen High School and Lane Technical High School. 4039 North Oakley Avenue is a 5-bed, 3-bath, multi-family home built in 1903.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berg Properties

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.