NOT LISTED FOR SALE
6 Beds
2 Baths
1,856 Sq Ft
1880 Built

Last Sold May 14, 2024

Last sale price $450,000 $242 Per Sq Ft

14 Days on Market

Highlights

  • Porch
  • Multiple Water Heaters
  • 1-minute walk to Claremont Park
  • Two Heating Systems
  • Paved or Partially Paved Lot

About This Home

As of May 2024

Best deal in the Illinois Medical District. Vintage 2 unit brick building that hasn't been on the market in decades. 620 S. Oakley has it's original details still intact yet has updated electrical, plumbing, and HVAC. Each unit has high ceilings and tons of potential. This building sits on a full size lot with a large back yard and parking pad. There is a full unfinished basement. The building is attached to the next door neighbors with a common wall which maximizes the width of the structure and depicted in the pictures with the virtual black painted trim work and cornice. Currently one unit is vacant so it's perfect for an investment or for a buyer that wants to occupy one of the units.

Last Agent to Sell the Property

John Giambarberee

Baird & Warner License #475151363 Listed on: 02/27/2024

Baird & Warner

Last Buyer's Agent

June Ahn

Mega USA Properties, Inc. License #475205135

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,298

Year Built

  • Built in 1880

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Off Alley Parking
  • Parking Included in Price

Lot Details

  • Lot Dimensions are 25x 118
  • Paved or Partially Paved Lot

Utilities

  • Two Heating Systems
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Multiple Water Heaters
  • Gas Water Heater

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,298

Year Built

Built in 1880

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1880
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Other Equipment: CO Detectors, Multiple Water Heaters, Water Heater-Gas
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Porch
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 3
  • Parking Features: Off Alley
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Lot Info

  • Lot Dimensions: 25X 118
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 11298
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat
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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 List to Sale Price per Sq Ft
05/14/2024 05/14/24 Sold $450,000 0.0% $242 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $450,000 -- $242 / Sq Ft
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 $10,640 $61,600 $16,324 $45,276
2024 $10,640 $61,600 $16,324 $45,276
2023 $11,557 $50,258 $13,118 $37,140
2022 $11,557 $56,001 $13,118 $42,883
2021 $11,298 $55,999 $13,117 $42,882
2020 $7,760 $34,717 $9,911 $24,806
2019 $7,863 $39,008 $9,911 $29,097
2018 $7,730 $39,008 $9,911 $29,097
2017 $8,164 $37,796 $8,745 $29,051
2016 $8,560 $42,739 $8,745 $33,994
2015 $7,832 $42,739 $8,745 $33,994
2014 $7,293 $39,308 $7,287 $32,021
2013 $7,149 $39,308 $7,287 $32,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11981436

Midwest Real Estate Data (MRED)

APN: 17183000360000

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