3248 N Oakley Avenue Chicago, IL $ 1,275,000
3248 N Oakley Avenue
$ 1,275,000
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3248 N Oakley Avenue

Chicago, IL, 60618
$ 1,275,000
Bedrooms8 Baths3.0

Monthly Estimate*

$ 8,050

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Multi-Family Home for sale in Chicago, IL

for $1,275,000 with 8 bedrooms and 3 full baths. This home was built in 1916.

Set on one of Roscoe Village's beautiful tree-lined streets, this extraordinary and rarely available greystone is anything but typical. With a distinctive layout, oversized lot, detached greystone garage, finished studio space, and an abundance of original architectural character, this property offers a level of flexibility that is incredibly hard to find. Located in the highly sought-after Audubon School District, it is an exceptional opportunity for a single family home, owner-occupant investor, or multi-generational household. Owned and lovingly maintained by the same owner for more than 20 years, the main residence encompasses the first and second floors. Each floor features 3 bedrooms, 1 bathroom, a formal living room, formal dining room, and a beautiful custom wood-burning fireplace. Original details throughout the home include rich oak millwork, hardwood flooring, stained-glass accents, oversized windows, and spacious rooms that showcase the scale and craftsmanship of a bygone era. The kitchen was thoughtfully renovated in 2016 and features custom cabinetry, stone countertops, stainless steel appliances, and a large center island that creates an inviting gathering space. The bathroom was updated in 2021, providing a fresh complement to the home's classic architectural details. The garden apartment adds another layer of flexibility and potential. Currently configured as a 2-bedroom, 1-bath residence, it includes a full kitchen, comfortable living space, and excellent storage. The apartment was previously used as a 3-bedroom layout, offering additional possibilities for future use. One of the property's most unusual features is the detached greystone garage. Above the garage, a finished loft currently serves as a fitness studio and is already plumbed for a bathroom. Whether envisioned as a private office, art or creative studio, gym, workshop, guest space, or future finished living area, this bonus space provides tremendous potential. The property also includes a separate carport and an oversized yard with plenty of room for outdoor entertaining, gardening, recreation, or simply enjoying the space. The home's substantial construction is further highlighted by approximately 12-inch-thick limestone walls, reflecting the quality, permanence, and craftsmanship characteristic of Chicago's historic architecture. And the location is hard to beat! Just two blocks south of the popular Roscoe Street corridor, you'll be close to neighborhood restaurants, cafes, parks, boutique shopping, and everyday conveniences, while still enjoying the peaceful residential atmosphere of this sought-after pocket of Roscoe Village. Properties with this combination of architectural character, scale, outdoor space, additional living space, and flexibility rarely come to market. A truly special opportunity to own a distinctive piece of Roscoe Village with the potential to adapt to a variety of lifestyles and investment strategies.

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Multi-Family Active

Price

$ 1,275,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 14,666

Style

Greystone

Year Built

1916

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12737803

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Garage Spaces 2
Architectural Style Greystone
Construction Materials Limestone
Year Built 1916
Township Lake View
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 19
Status New
Directions East or west on Belmont to Oakley. North to property
High School Lake View High School
City Chicago
High School District 299
MLS Area CHI - North Center
Elementary School Audubon Elementary School
Tax Annual Amount 14666.27
Middle/Junior High School Audubon Elementary School
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full Walk-Out Access
Total Bedrooms 8
Total Baths 3
Bedrooms Possible 8
Bathroom Soaking Tub
Full Baths Building 3
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Garage Door Opener Yes Detached Garage
Water Source Lake Michigan
Total Parking 5
Lot Dimensions 30x120
Waterfront Y/N N
Other Equipment Ceiling Fan(s) Water Heater-Gas
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* Excluded Features
List By
Mark Allen Realty Era Powered

Broker

cheryl@markallenrealty.com

Email

Affordability Calculator

$9,273
Per Month
87%
13%
0%
Monthly Principal & Interest
$8,050
Monthly Property Taxes
$1,222
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
568092 Elementary School
568092 Middle School
Lake View High School High School
Pricing History
DatePricePrice ChangeDescription
8/20/2026$1,275,000 Listed Price

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3248 N Oakley Avenue, Chicago, IL, 60618 is a Multi-Family Home for sale at $1,275,000. 3248 N Oakley Avenue has 8 bedrooms, 3.0 baths, and was built in 1916. The property's zip code is 60618 which is in Chicago, IL