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Timo Unrath

timo.unrath@engelvoelkers.com +1(872) 237-0237

$ 1,450,000

Est. payment -/mo

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3115 N Oakley AVE Chicago, IL 60618

9 Beds

4 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12627345

Style Traditional

Bedrooms 9

Year Built 1881

Annual Tax Amount $20,291

Tax Year 2024

Lot Dimensions 25 X 125

Property Sub-Type Two to Four Units

Property Description

Stunning Three-Unit Investment Opportunity in the Heart of Roscoe Village. Experience the perfect blend of vintage character and modern reliability with this solidly built, professionally managed three-unit building. Situated in the highly sought-after Roscoe Village neighborhood, this property offers a rare "turn-key" opportunity for savvy investors or owner-occupants looking for a high-yield primary residence. The building features two spacious simplex units and one expansive top-floor duplex-up. Each floor is defined by a sense of scale and craftsmanship. Architectural Grandeur: Impressive very high ceilings create an airy, loft-like atmosphere throughout the building. Premium Finishes: Gleaming hardwood flooring runs through the living spaces, complementing the sturdy, traditional construction. Modern Conveniences: Every unit is equipped with NEW in-unit laundry, and most of the kitchen appliances and HVAC systems are new. Recent Capital Improvements! Rest easy knowing the heavy lifting has been done. Recent updates include brand new roof (2022) for long-term peace of mind. Complete rebuild of rear decks, featuring new wood-constructed outdoor decks and integrated fire escapes. Two-car garage parking providing essential storage and convenience. Investment & Owner-Occupant Potential. Currently generating 9,000/month in total rent, this building is a proven performer. With leases expiring in May 2026, July 2026, and March 2027, you have the flexibility to: House Hack - Move into one of the stunning units as an owner-occupant while the other two units cover a portion of your mortgage. Or, Passive Income: Maintain the current professional management and enjoy a stable, high-performing asset. Don't miss out on this impeccably maintained piece of Chicago real estate!

Location

State IL

County Cook

Area Chi - North Center

Zoning MULTI

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Exterior Feature Balcony

Garage Spaces 2.0

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding,Brick,Frame,Concrete, Yes

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Vinyl Siding,Brick,Frame,Concrete

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://youtu.be/fr7AEWjnxtc

Listed by Kara Moll of Keller Williams ONEChicago

NEARBY SCHOOLS & PROPERTIES

Timo Unrath

Global Real Estate Advisor

+1(872) 237-0237

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