Sold

Pilsen Multi-Unit: 2451 S. Oakley

2451 S OAKLEY Avenue, Chicago, IL 60608

$599,900

Beautifully Gut-Rehabbed (2016) 3-Unit Building With Side Lot, On Chicago'S Original "Little Italy" In The Historic Pilsen Neighborhood. This Mixed-Use Property Has An Art Gallery In The Commercial Space With Two - 2 Bed / 1 Bath Rental Units On The Second Floor At Market Rate. This Building Was A Complete Rehab In 2016. Two, Updated 2 Bed/1 Bath Rental Units Complete With Central Heat/Air, In-Unit Washer/Dryer, Hardwood Floors, And Great Natural Light. Current Rent Roll Is A 9.5 Cap After Expenses. Large, Open-Concept Commercial Retail Space With Tons Of Versatility To Accommodate Many Business Types. Huge Open Basement Perfect For More Storage Or Inventory. Parking Spaces In Back Provide More Opportunities For Income. Side Lot Has Potential For Additional Build Out Opportunities With The Existing 3 Unit Building. Optimal Location And Plenty Of New Development Surrounding This Investment. Easy Access To Pink Line, Cta Buses, Expressway, Shops, Restaurants, Parks, And All That Pilsen Has To Offer. Sold at list price, $599,900

Features & Amenities

Interior

  • Flooring Wood

Area & Lot

  • Status Sold
  • MLS ID10999758
  • TypeCOMMERCIAL
  • YEAR BUILT1930
  • Water FrontageN

Exterior

  • STORIES2
  • AIR CONDITIONINGCentral Air
  • SubstructureConcrete Perimeter

Financial

  • Sales Price$599,900
  • Real Estate Tax $9,687
  • Zoning MULTI
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Partners Sophia Klopas and Jason Stratton are a brother and sister team who have been in the Illinois real estate market for over twenty years. Together they offer complementary skill sets and professional expertise that make The KlopasStratton Team truly unique.

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