$1,600,000

Estimated payment $10,206/month

Total Views 5,360
8 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Deck
  • 3-minute walk to Wellington Station
  • Balcony
  • Lincoln Park High School Rated A
  • Den
  • 4-minute walk to Weisman Park

About This Home

Completely renovated 2-flat in historic Terracotta District of Oakdale Ave. Views of woodsy estate from top unit and downtown from the high decks. This quiet Lakeview location has earned $129,000+ gross rent annually. Each unit offers spacious duplex up-and-down layouts with 4 Bedrooms and 3 Baths, separate outdoor spaces, high ceilings, newer hardwood floors, sunlit rooms & in-unit washers & dryers. Modern kitchens with white Shaker cabinetry, tiled backsplash, quartz countertops & breakfast bar. Walk-in pantry. Main levels offer open floor plan with bay windows, office nook, and a private bedroom. All four bedrooms have ample closet space. Roomy bathrooms equipped with floating vanities & spa-like finishes. Four parking spots (2 tandem lanes). Suitable for owner occupants or lease to earn 6% on your investment. There are always multiple rental offers on these homes with happy tenants renewing their lease year after year. Unit 1 Rent: $5,000. Unit 2 just rented for $5800. Photos include vacant upper unit and pics from tenant-occupied units on both levels. Roof, gutters and many windows replaced in 2018. Upper HVAC is new 2025. Owner takes exceptional care of property. See list of improvements/replacements in drop down 'additional information'. Five-minute walk to the Brown Line, schools, parks, dining & shopping!

Listing Agent

Ellen Webber

@properties Christie's International Real Estate License #475125064 Listed on: 06/25/2025

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,356

Year Renovated

  • 2016

Lot Details

  • Lot Dimensions are 25x123

Home Design

  • Asphalt Roof

Interior Spaces

  • Den
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 6 Bathrooms
  • Dual Sinks
  • Separate Shower

Parking

  • 4 Parking Spaces
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck

Schools

  • Harriet Tubman Elementary School
  • Lincoln Park High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $180
  • Insurance Expense $4,427
  • Water Sewer Expense $2,400
  • Gross Income $129,600
  • Net Operating Income $105,237

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,356

Year Renovated

2016

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • MRD_WaterViewYN: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Unfinished, Full, Walk-Out Access
  • Total Bathrooms: 6
  • Total Bedrooms: 8
  • Room Type: Den
  • Bathroom Amenities: Separate Shower,Double Sink
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 6
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors,Walk-In Closet

Exterior Features

  • Construction Materials: Frame
  • ExteriorFeatures: Balcony
  • List Price: 1600000
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Off Alley, On Site, Owned
  • ParkingTotal: 4

Utilities

  • Sewer: Other
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Fee Information

  • Water Sewer Expenses: 2400

Schools

  • Elementary School: Harriet Tubman Elementary School
  • High School: Lincoln Park High School
  • Middle/Junior School: Harriet Tubman Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25X123
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 105237
  • Insurance Expense: 4427
  • ElectricExpense: 180
  • GrossIncome: 129600
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 17356
  • Tax Year: 2023
  • Tax Exemptions: None

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 For Sale $1,600,000 0.0% --
05/10/2018 05/10/18 Rented $4,000 0.0% --
05/07/2018 05/07/18 Off Market $4,000 -- --
05/01/2018 05/01/18 For Rent $4,000 0.0% --
07/01/2013 07/01/13 Sold $677,500 0.0% --
07/01/2013 07/01/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $677,500 -- --
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12401462

Midwest Real Estate Data (MRED)