2554 N Oak Park Avenue, Chicago, IL 60707

Chicago
Local realty services provided by:ERA Naper Realty
2554 N Oak Park Avenue,Chicago, IL 60707
$800,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: adam max, michael max
Office: compass
MLS#:12481759
Source:MLSNI

Price summary

  • Price:$800,000

About this home

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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Home facts

  • Year built:1926
  • Listing ID #:12481759
  • Updated:June 18, 2026 at 10:28 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:5
  • Basement:Yes
  • Basement Description:Finished, Partial

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1926

Utilities

  • Water:Lake Michigan

Finances and disclosures

  • Price:$800,000
  • Tax amount:$6,544 (2023)

Parking

  • Total parking spaces:2
  • Parking description:Detached Garage, Garage
  • Garage:Yes
  • Garage spaces:2
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