
6321 N Oakley Ave Chicago, IL 60659
West Ridge NeighborhoodEstimated payment $7,502/month
Highlights
- Gated Community
- Enclosed patio or porch
- Intercom
- Lower Floor Utility Room
- Bidet
- Forced Air Heating System
About This Home
Welcome to Devon Avenue's Little India neighborhood! This unique Legal 4-Unit building on an over-sized lot has been completely renovated and all leased out! Currently generating $100,800/annually giving it an amazing 8-cap rate for your investment! Garden, 1st, and 3rd floor units are all 3BD/1BA units while the 2nd floor unit is a nicely split 2BD/2BA unit. Each unit has been intricately enhanced with stainless steel appliances, quartz countertops, European cabinets, hardwood floors throughout, and stacked washer and dryers! Each bathroom has been renovated and modernized. The building and units are all on a keyless entry system for better security as well as a very welcoming back common yard prepped for your pets with an enclosed new fence. We cannot forget the 3-Car brick garage with and EV Charger already installed and ready to be utilized.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,183
Year Built
- Built in 1929 | Remodeled in 2021
Lot Details
- Lot Dimensions are 30x125
- Paved or Partially Paved Lot
Parking
- 3 Car Garage
- Parking Included in Price
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Lower Floor Utility Room
Bedrooms and Bathrooms
- 11 Bedrooms
- 11 Potential Bedrooms
- 5 Bathrooms
- Bidet
- Separate Shower
Home Security
- Intercom
- Carbon Monoxide Detectors
Outdoor Features
- Enclosed patio or porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Individual Controls for Heating
- Lake Michigan Water
- Multiple Water Heaters
Community Details
Building Details
- Insurance Expense $1,400
- Trash Expense $200
- Water Sewer Expense $230
- Gross Income $100,800
- Net Operating Income $82,457
Additional Features
- 4 Units
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/08/2025 07/08/25 | For Sale | $1,200,000 | +67.8% | -- |
04/09/2021 04/09/21 | Sold | $715,000 | +3.6% | $477 / Sq Ft |
02/21/2021 02/21/21 | Pending | -- | -- | -- |
02/12/2021 02/12/21 | For Sale | $690,000 | +38.0% | $460 / Sq Ft |
06/30/2016 06/30/16 | Sold | $499,901 | 0.0% | $333 / Sq Ft |
05/01/2016 05/01/16 | Pending | -- | -- | -- |
04/19/2016 04/19/16 | For Sale | $499,900 | -- | $333 / Sq Ft |
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Source: Midwest Real Estate Data (MRED)
MLS Number: 12413700

APN: 14-06-102-015-0000
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