NOT LISTED FOR SALE

7129 N Oakley Ave Chicago, IL 60645

West Ridge Neighborhood
-- Bed
-- Bath
-- Sq Ft
7,760 Sq Ft Lot Lot

Sale Details

Date Sold: February 17, 2026

Last sale price $1,540,000

29 Days on Market

Highlights

  • Laundry Room
  • Central Heating
  • 4-minute walk to Lunt (Orrington, Stephen) Park
  • Storage Room

About This Home

As of February 2026

First time on the market since 1948, this family-owned and well-maintained 9-flat sits on an oversized lot and 4 garage spaces. The property features six spacious one-bedroom units-designed with layouts that live like two-bedrooms-along with three traditional two-bedroom units. Recent improvements include a newer boiler, roof inspection, tuckpointing, and lintel repairs, ensuring strong structural integrity and low maintenance needs. Current rents are below market, offering immediate value-add potential and room for income growth.

Last Agent to Sell the Property

Jackie Thom

Engel & Voelkers Chicago North Shore Brokerage Phone: (773) 617-7361 License #475123285 Listed on: 10/03/2025

Engel & Voelkers Chicago North Shore

Co-Listed By

Neil Hackler

Engel & Voelkers Chicago Brokerage Phone: (773) 617-7361 License #475144025

Last Buyer's Agent

Goldie Nelson

JMG Real Estate License #471020754

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,216

Year Built

  • Built in 1933

Lot Details

  • 7,760 Sq Ft Lot
  • Lot Dimensions are 40 x 194

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Storage Room
  • Laundry Room

Utilities

  • No Cooling
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 9 Units

Building Details

  • Electric Expense $569
  • Fuel Expense $8,335
  • Insurance Expense $6,801
  • Maintenance Expense $7,333
  • Trash Expense $3,368
  • Water Sewer Expense $1,953
  • Operating Expense $37,677
  • Gross Income $100,068
  • Net Operating Income $62,391

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,216

Year Built

Built in 1933

Lot Details

7,760 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1933
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (773) 617-7361
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Inside: Storage Inside,Laundry Room
  • Fireplaces: 1
  • Refrigerators: 9
  • Ranges: 9
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: Parking On-Site,Parking-Street

Utilities

  • Cooling: None
  • Heat/Ventilation: Central Bldg Heat
  • Leased Washer Dryer YN: Yes

Condo/Co-op/Association

  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 3368
  • Water Sewer Expenses: 1953

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.18
  • Lot Dimensions: 40 X 194
  • Lot Size Sq Ft: 7760
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Other
  • Board Number: 2
  • Tenancy Type: Month To Month,No Lease

Multi Family

  • Net Operating Income: 62391
  • Fuel Expense: 8335
  • Insurance Expense: 6801
  • ElectricExpense: 569
  • GrossIncome: 100068
  • Maintenance Expense: 7333
  • NumberOfUnitsTotal: 9
  • OperatingExpense: 37677
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 12215.58
  • Tax Year: 2023
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/17/2026 02/17/26 Sold $1,540,000 -3.7% --
11/01/2025 11/01/25 Pending -- -- --
10/03/2025 10/03/25 For Sale $1,599,000 -- --
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

  • Jackie Thom

    Seller's Agent in 2026

    Jackie Thom

    Engel & Voelkers Chicago North Shore

    (773) 617-7361

    1 in this area

    25 Total Sales

    Jackie Thom
    Section Image
  • Neil Hackler

    Seller Co-Listing Agent in 2026

    Neil Hackler

    Engel & Voelkers Chicago

    (773) 677-3479

    6 in this area

    103 Total Sales

    Neil Hackler
    Section Image
  • Goldie Nelson

    Buyer's Agent in 2026

    Goldie Nelson

    JMG Real Estate

    (773) 842-6980

    2 in this area

    4 Total Sales

    Goldie Nelson
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12392142

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60645 West Ridge

7129 N Oakley Ave, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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