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3,200 ft²
Multifamily
$1,250,000
Sale


Mark J. Reiter
Mark J. Reiter
5M Real Estate, Inc.

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2138-40 N. Oakley Avenue is a 3-flat building located in the Bucktown sub-market of Chicago. Built in 1887, this building consists of 3 residential units. Included in this sale is the vacant 2,400 SF lot due south of the building. Bucktown has become a popular neighborhood for younger professionals and families alike. The neighborhood has exhibited tremendous growth within the last 5 years. This sale presents an opportunity for investors to locate in a beautiful neighborhood with amenities and conveniences.

  • Property Type: Land
  • Lot Size: 4,800 SF
  • Detached 2 Car Garage
  • Zoning: RT-4
  • PIN(s): 14-31-119-027, 028
  • Taxes (2018): $14,533.37
  • Across from Holstein Park
  • Rail Access: 1 mile from CTA Blue Line Station (California & Damen)


The Space
Asking Price$1,250,000
Available Space3,200 ft²
Net Operating Income$25566.629999999997
SourceBuildout

The Building

2138-40 N. Oakley Avenue is an excellent opportunity to acquire a value-add, 3 unit property in Chicago's Bucktown Neighborhood. This well established neighborhood continues to cement itself as a premier neighborhood in Chicago, and the burgeoning market continues to attract investors and families alike. The subject property is located within walking distance to multiple CTA Blue Line stops at Damen and Western, as well as a plethora of premier dining, entertainment, and retail options along Milwaukee Ave., and North Ave. This property provides an investor with a perfect combination to develop in a neighborhood that will be desirable for years to come. On West Side of Oakley. One-way South from Palmer. Facing Holstein Park.

Property TypeMultifamily
Floors3
Building Size3,200 ft²
Lot Size0.11 AC
ZoningRT-4
Year Built1887
Net Operating Income$25,566/yr

Commercial Location Score
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Mark J. Reiter
Mark J. Reiter
5M Real Estate, Inc.
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