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2554 N Oak Park Avenue Chicago, IL $ 800,000
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$ 800,000 Get more info
2554 N Oak Park Avenue
$ 800,000
Back to search
Share Save

2554 N Oak Park Avenue

Chicago, IL, 60707
$ 800,000
Bedrooms8 Baths4.0

Monthly Estimate*

$ 4,926

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Multi-Family Home for sale in Chicago, IL

for $800,000 with 8 bedrooms and 4 full baths. This home was built in 1926.

Prime Montclare 4-unit apartment building offered for the first time in 20+ years. Unit mix includes four (4) spacious 2BD/1BA apartments featuring hardwood floors, decorative fireplaces, and separate dining rooms. Key improvements include separately metered electric with 200-AMP service, vinyl windows (last 15 years), flat roof with new layer (~10 years), GE hot water heater (2010), and gas-forced furnaces. Additional features: building-owned coin laundry and attached two-car brick garage. Current rents are well below market, creating a strong value-add opportunity through renovations, and rental increases. Excellent investment for long-term cash flow and appreciation in a stable neighborhood.

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Multi-Family Contingent

Price

$ 800,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 6,544

Style

Year Built

1926

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12481759
Features
General
Heating Natural Gas
Possession Closing
Garage Spaces 2
Construction Materials Brick
Year Built 1926
Township Jefferson
Tax Year 2023
Ownership Condo
County Cook
Insurance Expense 3111
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 5
Status Contingent
Directions North on Oak Park to southwest corner of Oak Park and Wrightwood - entrance to 2556 off Wrightwood
City Chicago
High School District 299
MLS Area CHI - Montclare
Tax Annual Amount 6544
Electric Expense 2927
Trash Expense 3111
Water Sewer Expense 4092
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Partial Daylight
Total Bedrooms 8
Total Baths 4
Bedrooms Possible 8
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features On Site Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 25x125
Waterfront Y/N N
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* Excluded Features
List By
Compass

Broker

Adam.max@ranorth.com

Email

Affordability Calculator

$5,471
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,926
Monthly Property Taxes
$545
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
566059 Elementary School
566846 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/26/2025$800,000 Listed Price

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2554 N Oak Park Avenue, Chicago, IL, 60707 is a Multi-Family Home for sale at $800,000. 2554 N Oak Park Avenue has 8 bedrooms, 4.0 baths, and was built in 1926. The property's zip code is 60707 which is in Chicago, IL

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