2554 N Oak Park Avenue, Chicago, IL 60707

Chicago
Local realty services provided by:ERA Partners
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:August 12, 2026 at 02:28 PM

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
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Frank Scibior

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