NOT LISTED FOR SALE

Estimated Value: $626,938

0.08 Acre
$7,645,585 Price per Acre
3,572 Sq Ft Lot

Sale Details

Date Sold: March 19, 2024

Last sale price $205,000

Est. 206% increase in value since last sale

Current estimated payment $3,928 / mo

96 Days on Market

About This Lot

As of March 2024

Welcome to a unique opportunity in Chicago! This prime corner lot at 222 S Oakley, zoned RM-5 Residential Multi-Unit, is tailor-made for buyers with a vision. Whether you're a buyer looking to restore an existing and operating church or an investor eager to develop a multi-unit residential property, this property holds boundless potential. The existing church can be restored to its former glory, or you can seize the opportunity to build a new, modern residential multi-unit complex. With the ability to construct up to 4 stories, this property meets the growing demand for residence. It's perfectly located near the University of Illinois at Chicago, the United Center, and major interstates making it ideal for potential tenants or homeowners. This is not just a property; it's a chance to shape a dynamic community.

Last Agent to Sell the Property

Danielle Dowell

Berkshire Hathaway HomeServices Chicago License #475125415 Listed on: 11/21/2023

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Kyaira Foster

Berkshire Hathaway HomeServices Chicago License #475197492

Last Buyer's Agent

Danielle Dowell

Berkshire Hathaway HomeServices Chicago License #475125415 Listed on: 11/21/2023

Berkshire Hathaway HomeServices Chicago

Property Details

Property Type

  • Land

Lot Details

  • Lot Dimensions are 39.6 x 88.9

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Concrete
  • General Information: None
  • Actual Status: Closed
  • ResoPropertyType: Land
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Utilities

  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas
  • Utilities: Unknown (verify)

Lot Info

  • Lot Dimensions: 39.6 X 88.9
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Year: 2022
  • Tax Exemptions: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2025
Sold by
Imogie Akeshimenu
Bought by
Abigail A Irrevocable Trust and Imogie
Current Estimated Value
$626,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2025
Sold by
222 S Oakley Llc
Bought by
Imogie Akeshimenu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2025
Sold by
222 S Oakley Llc
Bought by
San Roman Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2025
Sold by
222 S Oakley Llc
Bought by
Iloka Nkechi E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 21, 2023
Closed on
Mar 13, 2024
Sold by
Emmanuel Tabernacle M B C
Bought by
222 S Oakley Llc
Seller's Agent
Danielle Dowell
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Danielle Dowell
Berkshire Hathaway HomeServices Chicago
List Price
$299,999
Sold Price
$205,000
Premium/Discount to List
-$94,999
-31.67%
Views
55
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Abigail A Irrevocable Trust -- None Listed On Document
Imogie Akeshimenu $575,000 Chicago Title
San Roman Kathleen $777,000 Chicago Title
Iloka Nkechi E $625,000 None Listed On Document
222 S Oakley Llc $205,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Imogie Akeshimenu $460,000
Previous Owner San Roman Kathleen $427,000
Previous Owner Iloka Nkechi E $499,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2024 03/19/24 Sold $205,000 -18.0% --
02/26/2024 02/26/24 Pending -- -- --
01/25/2024 01/25/24 Price Changed $249,999 0.0% --
12/31/2023 12/31/23 Price Changed $250,000 -16.7% --
11/21/2023 11/21/23 For Sale $299,999 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $138,769 $22,072 $116,697
2024 -- -- -- --
2023 -- -- -- --
2022 -- -- -- --
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11934445

Midwest Real Estate Data (MRED)

APN: 17-18-113-048-0000

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