$773,200
SOLD JUL 21, 2025
10 Beds
3 Baths
3,701 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$209 Per Sq Ft

3% Below List Price

12 Days on Market

Highlights

  • Brownstone
  • Soaking Tub
  • Forced Air Heating System
  • Deck
  • Patio
  • 2 Car Garage

About This Home

As of July 2025

Welcome to 4825 W Oakdale Ave-a fully renovated, income-generating legal 2-flat with an additional garden unit, ideally situated on an oversized 40' x 125' lot in Chicago's East Belmont Cragin neighborhood. Whether you're an investor or an owner-occupant looking to minimize your mortgage payments, this property offers low maintenance costs and high rents with a CAP Rate over 8.75. Each unit has luxury condo quality finishes througtout! All units feature Oversized Living and Dining Room Combos with newer Hardwood Floors Thru-out, designer kitchens with white shaker cabinets, quartz counters, and stainless appliances. Units 1 and 2 offers three bedrooms and one renovated bathroom. The garden unit includes 4 bedrooms, 8' ceilings, and two private entrances! With all units rented for a total gross income of $7,108/month, this property will put money in your pocket from day 1. Property improvements from 2022 include a new tear-off roof (house & garage), new black energy-efficient windows, updated plumbing and electrical, three separate HVAC systems and water heaters, laundry room, new decks, 2-car garage, 4-car driveway, and a large backyard. This turn key investment is in the East Belmont Cragin/Avondale/Logan Square neighborhoods. Just minutes to the highway, public transportation and great shops and restaurants. **Owner is in the process of having the property rezoned to a 3-flat with the alderman/city. The lawyer for the rezoning has been paid up front and will continue the process with the new owner. Architectural drawings have also been completed and will be included with the sale**. Come Home!

Last Agent to Sell the Property

Kenneth Sabino

Baird & Warner License #475168593 Listed on: 05/16/2025

Baird & Warner

Last Buyer's Agent

Barry Jilin

United Realty Group, Inc. License #471020376

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,390

Year Built

  • Built in 1925 | Remodeled in 2022

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage
  • Driveway
  • Off Alley Parking
  • Parking Included in Price

Home Design

  • Brownstone
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 3 Bathrooms
  • Soaking Tub

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck
  • Patio

Schools

  • Falconer Elementary School
  • Foreman High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,640
  • Professional Management Expense $4,800
  • Water Sewer Expense $900
  • Gross Income $85,296
  • Net Operating Income $70,733

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,390

Year Built

Built in 1925 | Remodeled in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Brownstone
  • New Construction: No
  • Professional Management Expense: 4800
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 10
  • Other Equipment: CO Detectors, Sump Pump, Multiple Water Heaters
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Fireplace-Artificial,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar
  • List Price: 799900
  • OtherStructures: Garage(s)
  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Off Alley, Driveway, Owned, Garage
  • ParkingTotal: 6

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 900

Schools

  • Elementary School: Falconer Elementary School
  • High School: Foreman High School
  • Middle/Junior School: Falconer Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 40X125
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 70733
  • Insurance Expense: 1640
  • GrossIncome: 85296
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 7389.96
  • Tax Year: 2023
  • Tax Exemptions: None

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
07/21/2025 07/21/25 Sold $773,200 -3.3% $209 / Sq Ft
05/28/2025 05/28/25 Pending -- -- --
05/16/2025 05/16/25 For Sale $799,900 +10.3% $216 / Sq Ft
01/13/2023 01/13/23 Sold $725,000 +5.8% $196 / Sq Ft
12/12/2022 12/12/22 Pending -- -- --
12/06/2022 12/06/22 For Sale $685,000 +185.4% $185 / Sq Ft
01/26/2022 01/26/22 Sold $240,000 -19.7% $65 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $299,000 -- $81 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12352409

Midwest Real Estate Data (MRED)

APN: 13282230090000