Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
16 Properties Within 0.5 miles of: 1041 S Oakley, Chicago
This property has been relisted under a new number. Please click here to view the new listing.

1041 S Oakley
Chicago, IL 60612

  • 6 Beds
  • Built In 1901
Price

$680,000

Est Payment
$4,100 / month (details)  
Taxes
$7,041  
Beds
6  
Rooms
15  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
25 X 93  
Built
1901  
Neighborhood
Tri-Taylor  
MLS
#11628296
Status
Sold (11/7/2022)

Property Description

Amazing opportunity to purchase this gorgeous BRICK victorian remodeled two flat and convert it into a Legal 3 FLAT or SINGLE FAMILY home in the HOT University Village/Tri-Taylor area. The values in this area are going up like crazy!!! Tremendous ability to make extra income with this investment property that is currently rented out by turning it into a 3 flat or convert this into a DREAM single family home and watch your value skyrocket. Currently it's rented at 7% cap rate but this will only go up! The first unit is a duplex down with 2 bedrooms and 1 bathroom on the main level and 2 bedrooms and 1 bathroom on the lower level with two separate entrances. It features high ceilings, open concept living/dining, granite counters, stainless steel appliances and in-unit laundry. The second unit is a duplex up, that features 2 bedrooms and 1 bathroom with a loft boasting 22 foot-ceiling, open concept living/dining, granite countertops, stainless steel appliances and in-unit laundry. The second floor features a 2 bedrooms and 1 bathroom unit with a loft boasting 22 foot-ceiling, open concept living/dining, granite countertops, stainless steel appliances and in-unit laundry. 2 interior parking and one exterior. This home is in a PERFECT location Walking distance to the Western Blue-Line, major bus-stops, Cook County health, Rush hospital, UIC University - The Medical District. Easy access to 290 on-ramp. The neighborhood is filled with parks and great outdoor recreational areas to enjoy during summertime, like Douglass Park, which has a golf course, pool, and sports field!! Floor plan and pictures for unit 2 coming soon! Current floor plan only includes unit 1.

Property Map

Property Details

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Parking
1 Parking Spaces (2 Garage Spaces), Owned, Owned, Parking included in price
Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

09-13-2022 Listed at $649,000
09-25-2022 Status changed to Under Contract
10-05-2022 Status changed to Active
10-11-2022 Price increased by $31,000 to $680,000
10-11-2022 Status changed to Under Contract
10-11-2022 Price decreased by $31,000 to $649,000
11-08-2022 Status changed to Closed
11-07-2022 Sold at $680,000
Last Modified 11/8/22 3:38 PM

Nearby Transportation

  • Bus 12 < 0.1 mi
  • Bus 157 0.1 mi
  • Bus X49 0.2 mi
  • Bus 49 0.2 mi
  • Bus 18 0.3 mi
  • Bus 50 0.4 mi
  • Bus 7 0.4 mi
  • Bus 126 0.6 mi
  • Bus 94 0.6 mi
  • Bus 9 0.9 mi
  • Bus X9 0.9 mi
  • Bus 20 0.9 mi
  • Bus 21 1.1 mi
  • Bus 52 1.1 mi
  • Burlington Northern 0.7 mi
  • Blue Line 0.6 mi
  • Pink Line 0.8 mi
  • I 290 East 0.5 mi
  • I 290 West 0.6 mi
  • I 90 East 1.9 mi
  • I 94 East 1.9 mi
  • I 90 West 1.9 mi
  • I 94 West 1.9 mi
  • I 55 South 2.1 mi
  • I 55 North 2.1 mi
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