Active · For Sale · Multi Family 5+

2747 N Oak Park Avenue, Chicago, IL 60707

MLS opportunity selected in connection with 4824 W. Addison St. Chicago IL 60641

MLS #12717639

2747 N Oak Park Avenue, Chicago, IL 60707CRER

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2747 N Oak Park Avenue, Chicago, IL 60707

The property

Executive summary

Incredible Investment opportunity! 5-unit multi-family along with 1 owner occupied unit - Boasting about 5,070 SF , This building has been very well-maintained building, all units have their own furnaces and A/C units. The whole building is truly in remarkable shape! There is also a three-car Solid all cinder-block detached garage, plus a cemented side apron parking spot next to the garage. The property also offers coin-operated washer & dryer facilities for tenants. The rental potential in this area is truly AMAZING! Turn Key, Cash Cow!

Investor Resource

Property Intelligence

Financial Snapshot

Reported Annual Income: $66,420
Reported Annual Expenses: $15,187
Estimated NOI: $51,233
Estimated Cap Rate: 3.94%
Estimated GRM: 19.57
Annual Taxes: $10,367 (2024)

Property Details

Units: 5
Lot Dimensions: 6250
Stories: 2
Year Built: 1926
Building Age: Older
Construction: Brick
Roof: Flat
Parcel Number: 13304000030000

Operations & Utilities

Heating: Central Heat/Indiv Controls, Forced Air, Gas
Cooling: Central Individual
Tenant Pays: Air Conditioning, Electricity, Heat
Possession: Closing

Location & Use

County: Cook
Market Area: Chicago - Montclare

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.