Estimated payment $16,865/month
About This Home
Presented for sale is a 17-unit corner multi-family property located at 6305 N Oakley Ave and 2250 W Rosemont Ave in Chicago's desirable North Side neighborhood, West Rogers Park. The property has been family-owned and owner-operated for over 40 years, representing a rare opportunity to acquire a generational asset that has been carefully maintained with a long-term ownership mindset. The corner location property provides strong curb appeal and benefits from its position with excellent light exposure, in a desirable North Side neighborhood known for strong renter demand, access to public transportation, proximity to neighborhood retail, dining, and community amenities. Corner assets in this submarket are increasingly rare with limited new multi-family supply, adding long-term value and defensibility. This offering combines stable in-place cash flow, a strong neighborhood location, and meaningful upside through operational and rental optimization, making it well-suited for investors seeking a core-plus or long-term hold opportunity. Value-add and upside potential, this property offers clear pathways for value creation. Gradual rental growth creating 2-bedroom units from the 13 one-bedroom units and 4 two-bedroom units, coin laundry, and garage parking rental increasing rents to be aligned with market conditions. Operational efficiencies under professional management. Strategic capital improvements to enhance long-term performance. Investors benefit from acquiring an asset with proven stability while retaining flexibility to implement modernization strategies over time.
Listing Agent
Century 21 S.G.R., Inc. License #471018194 Listed on: 02/06/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $30,428
Year Built
- Built in 1926
Lot Details
- Lot Dimensions are 75 x 125
Home Design
- Brick Exterior Construction
Interior Spaces
- 3-Story Property
- Exterior Basement Entry
Utilities
- Central Heating
- Radiator
Community Details
Overview
- 17 Units
Building Details
- Electric Expense $2,927
- Fuel Expense $50,448
- Insurance Expense $13,380
- Maintenance Expense $23,750
- Other Expense $4,200
- Trash Expense $18,287
- Water Sewer Expense $35,590
- Operating Expense $142,455
- Gross Income $270,300
- Net Operating Income $270,300
Home Values in the Area
Average Home Value in this Area
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 | $19,042 | $151,452 | $58,125 | $93,327 |
| 2024 | $19,042 | $151,452 | $58,125 | $93,327 |
| 2023 | $18,563 | $90,251 | $32,813 | $57,438 |
| 2022 | $18,563 | $90,251 | $32,813 | $57,438 |
| 2021 | $18,148 | $90,249 | $32,812 | $57,437 |
| 2020 | $17,247 | $77,419 | $32,812 | $44,607 |
| 2019 | $15,554 | $77,419 | $32,812 | $44,607 |
| 2018 | $15,293 | $77,419 | $32,812 | $44,607 |
| 2017 | $12,951 | $60,160 | $28,125 | $32,035 |
| 2016 | $12,049 | $60,160 | $28,125 | $32,035 |
| 2015 | $11,024 | $60,160 | $28,125 | $32,035 |
| 2014 | $10,896 | $58,724 | $25,312 | $33,412 |
| 2013 | $10,680 | $58,724 | $25,312 | $33,412 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/06/2026 02/06/26 | For Sale | $2,700,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12561461
APN: 14061020200000
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