2440 S Oakley Avenue Chicago, IL ^$ 699,000

2440 S Oakley Avenue

^$ 699,000

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2440 S Oakley Avenue

Chicago, IL, 60608

^$ 699,000

Bedrooms7 Baths4.0

Monthly Estimate*

^$ 4,361

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Multi-Family Home for sale in Chicago, IL

for $699,000 with 7 bedrooms and 4 full baths. This home was built in 1883.

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.

Multi-Family Active

Price

^$ 699,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 8,373

Style

Victorian

Year Built

1883

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12459319

Features

General

Sewer Public Sewer

Heating Steam Space Heater

Possession Closing

Roof Asphalt

Zoning MULTI

Architectural Style Victorian

Construction Materials Brick

Year Built 1883

Township West Chicago

Tax Year 2023

Ownership Fee Simple

County Cook

Insurance Expense 3800

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 15

Status Active

Directions East on Cermak from Western to Oakley South on Oakley to address

City Chicago

High School District 299

MLS Area CHI - Lower West Side

Tax Annual Amount 8373

Fuel Expense 3600

Water Sewer Expense 3000

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Unfinished Concrete Daylight Full Walk-Out Access

Total Bedrooms 7

Total Baths 4

Bedrooms Possible 7

Full Baths Building 4

Half Baths Building 0

Total Number of Units 4

Exterior

Water Source Lake Michigan

Total Parking 0

Foundation Details Brick/Mortar Stone

Lot Dimensions 27 X 104

Waterfront Y/N N

* Excluded Features

List By

C. Gallucci Realty, Inc.

Broker

petergordon@cgallucci.com

Affordability Calculator

$5,059

Per Month

Monthly Principal & Interest: $4,361
Monthly Property Taxes: $698
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$615,846

Percent of Sale Price 12%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/31/2025	$699,000		Listed Price

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2440 S Oakley Avenue, Chicago, IL, 60608 is a Multi-Family Home for sale at $699,000. 2440 S Oakley Avenue has 7 bedrooms, 4.0 baths, and was built in 1883. The property's zip code is 60608 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/8/2025.

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2440 S Oakley Avenue

Multi-Family Home for sale in Chicago, IL

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