851 W Oakdale AVE Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60657
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12322542
Bedrooms 5
Year Built 1908
Annual Tax Amount $19,394
Tax Year 2023
Lot Dimensions 25 X 125
Property Sub-Type Two to Four Units
Property Description
Available for the first time in over 50 years, we are excited to present a large legal brick 2-flat in the heart of Lakeview. This property is just half a block from the vibrant Halsted Corridor and within walking distance to Wrigley Field, theaters, parks, shopping, and restaurants. Each of the apartments has 2 bedrooms and 3 bedrooms specifically on the 1st and 2nd floor. They both feature 1 full bath, separate dining room, living room, sunroom, enclosed porch, and a spacious kitchen. Both units boast high ceilings and large windows throughout. The basement is clean and unfinished, with approximately 7-foot 6-inch ceilings, front and back entrances as well above grade windows. A two-car brick garage offers the potential for a rooftop garden or deck. This home is in the sought-after Oakdale Historic District, making it an excellent opportunity for investors or owner-occupants to own a character-filled property in one of Chicago's most desirable neighborhoods. The structure cannot be torn down, but with R4 zoning, you can easily add value to this investment by expanding unit 1 into the basement and adding a partial level to unit 2 or convert it into a spacious 4 story single-family home by adding a partial 3rd floor
Location
State IL
County Cook
Area Chi - Lake View
Zoning MULTI
Rooms
Basement Unfinished,Exterior Entry,Full,Walk-Out Access
Interior
Heating Natural Gas,Electric
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition None