7511 North Oakley Avenue

Chicago, IL 60645

$490,000
Last Sold Price
5
Beds
2
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Zoned RT-3.5, 2 flat multi-unit, this property is currently perfect for Airbnb or the ideal in-law situation. This is a fantastic opportunity to purchase a home with lots of potential! Located in hot West Ridge on a wide 35x125 lot with mature, professional floral landscaping and 52 year old Japanese Sequoia tree. The lot backs up to a dead end alley with little to no traffic for quiet enjoyment! There is currently a true 1 bedroom, 1 bathroom apartment upstairs with newer kitchen, huge deck and...Zoned RT-3.5, 2 flat multi-unit, this property is currently perfect for Airbnb or the ideal in-law situation. This is a fantastic opportunity to purchase a home with lots of potential! Located in hot West Ridge on a wide 35x125 lot with mature, professional floral landscaping and 52 year old Japanese Sequoia tree. The lot backs up to a dead end alley with little to no traffic for quiet enjoyment! There is currently a true 1 bedroom, 1 bathroom apartment upstairs with newer kitchen, huge deck and 2 private entrances! The main level is a 3 bedroom, 1 bathroom home with large living and separate dining room with 2 private entrances. The basement is dry and newly finished with living area, half bath, bedroom, unfinished utility room and private entrance. Looking to rehab? Live in the apartment upstairs while remodeling the rest of the home! Updates include 2014 roof, 2021 siding, 2017 all new windows throughout (except for 5 side windows on the first floor), 2014 second floor back deck, 2018 second floor kitchen and electrical. The home gets beautiful sunlight throughout all day! Convenient walking distance to parks, schools, transportation, shopping, coffee shops and restaurants. The home has been used by multi generations of one family for the last 50+ years. As such, it has no rental history but can easily and quickly be modified to produce income ASAP!
  1. Listed by Shawnah Donley • Berkshire Hathaway HomeServices Chicago

Sold By RE/MAX Premier

Property Details for 7511 North Oakley Avenue

Area
CHI - West Ridge
Township
Rogers Park
Ownership
Fee Simple
Num Of Cars
0.0
Heat/Fuel
Natural Gas, Forced Air
Zoning
MULTI

Location

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LISTING UPDATED: 10/03/2022 02:13 PM

Property Details for 7511 North Oakley Avenue

StatusClosed
MLS #11395470
Days on Market151
Taxes$931 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1926
Lot Size0.09 AC / 4,125 SF
CountyCook County

Location

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Building Information for 7511 North Oakley Avenue

Stories-Residences2Year Built1926Building Size-Lot Size0.09 AC / 4,125 SF

Payment Calculator

$2,752 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,674

Property Taxes

$78

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7511 North Oakley Avenue

General Information
School Information
  • Elementary School District: 299
  • Elementary School: G Armstrong Elementary School In
  • Jr High Middle School: G Armstrong Elementary School In
  • High School District: 299
  • High School: Sullivan High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 12
  • Bedrooms (Below Grade): 0
  • Basement Type: Full, Walkout
  • Bedrooms Possible: 5
  • Basement Description: Partially Finished, Exterior Access, Bathroom Rough-In, Rec/Family Area, Sleeping Area, Storage Space
  • # Full Baths in Building: 2
  • # Half Baths in Building: 1
  • Num of Baths: 2.1
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 33X125
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding, Brick
  • General Information: None
  • North Coordinate: 7511
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 2300
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2022-05-05T21:13:34
  • Photos Count: 40
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Room Type: Master Bedroom
Bedroom #2 Information
  • Room Type: Bedroom 2
Bedroom #3 Information
  • Room Type: Bedroom 3
Bedroom #4 Information
  • Room Type: Bedroom 4
Dining Room Information
  • RoomType_DR: Dining Room
Family Room Information
  • RoomType_FR: Family Room
Kitchen Information
  • RoomType_KT: Kitchen
Laundry Information
  • Room Type: Laundry
Living Room Information
  • Room Type: Living Room
Multi Family
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 0
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 0
Unit 3
  • Unit Type Type: Unit 3
Unit 4
  • Unit Type Type: Unit 4
Unit 5
  • Unit Type Type: Unit 5
Unit 6
  • Unit Type Type: Unit 6
Unit 7
  • Unit Type Type: Unit 7

Property History for 7511 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 7511 North Oakley Avenue

Taxable ValueLand-Additions-Total-
Home Facts
Lot Size73,357 SqFtStyleGovernmental / Public UseCountyCOOKAPN20-30-300-016

Schools near 7511 North Oakley Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Charter - K to 12
Public - 9 to 12
Charter - 6 to 12
Public - K to 7
Rating
School
Distance
Acero Chtr Sor Juana Ines de la
CharterK to 12

Sullivan High School
Public9 to 12

Chicago Math & Sci Elementary Charter
Charter6 to 12

Decatur Classical Elementary School
PublicK to 7

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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Similar Sold Homes

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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 Berkshire Hathaway HomeServices Chicago

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. Based on information submitted to the MLS GRID as of 10/03/2022 02:13 PM. 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.