Listing provided courtesy of @properties Christie's International Real EstateMREDas Distributed by MLSGrid- MLS# 12644005
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Request Info504 S Oakley BoulevardChicago, IL 60612
Commercial · 9 Beds · 8,084 Sq. ft.$1,900,000
Active
504 S Oakley Boulevard Overview
- Time on Site:
- 46 days
- Visits:
- 1
This exceptional investment opportunity offers the acquisition of a modern 6-unit multifamily asset ideally located in the rapidly growing Tri-Taylor neighborhood of Chicago. Constructed in 2014, the property features condominium-quality finishes, efficient building systems, and thoughtfully designed floor plans that continue to attract strong tenant demand and support premium rental rates. The asset presents investors with a rare opportunity to acquire a newer construction multifamily building with minimal deferred maintenance and lower ongoing capital expenditure requirements compared to the area's aging housing stock. Its combination of modern amenities, strong rental appeal, and strategic location near major medical campuses, universities, public transportation, and downtown Chicago positions the property for stable cash flow and long-term appreciation potential. Unit mix: 1 duplex down-4 bed/4 bath, 1 duplex down- 3 bed/2 bath, 4 simplex- 2 bed/ 2bath
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504 S Oakley Boulevard Facts & Features
- Type Commercial
- Sq. ft. 8,084
- Price/Sq.ft. $235
Details
General
Income/Expenses
- Other Expense: 0
- Electric Expense: 830
- Fuel Expense: 0
- Gross Income: 167676
- Insurance Expense: 6632
- Maintenance Expense: 0
- Net Operating Income: 105012
- Operating Expense: 48892
- Trash Expense: 5400
- Water Sewer Expense: 4640
Building Information
- Year Built: 2014
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Near West Side
- Township: West Chicago
Rent/Lease Information
- Tenant Pays: Electricity, Heat
Tax Information
- Tax Annual Amount: $29,390.18
- Tax Year: 2024
General Information
- Parcel Number: 17181280360000
- Property Type: Commercial Sale
- Zoning: MULTI
Interior
Building Interior
- Building Area Total: 8084
General Information
- Cooling: Central Air
- Stories: 3
Exterior
Lot Information
- Additional Parcels: Yes
- Lot Size Dimensions: 40x127
Building Exterior/Construction
- Construction Materials: Brick, Block
General Information
- Number Of Units Total: 6
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 4
- Baths Total: 4
- Units Total: 1
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 3
- Baths Total: 2
- Units Total: 1
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 2
- Baths Total: 2
- Units Total: 4
Unit 4 Details
- Unit Type: Unit 4
- Beds Total: 0
- Units Total: 0
Unit 5 Details
- Unit Type: Unit 5
- Beds Total: 0
- Units Total: 0
Unit 6 Details
- Unit Type: Unit 6
- Beds Total: 0
- Units Total: 0
Unit 7 Details
- Unit Type: Unit 7
- Beds Total: 0
- Units Total: 0
504 S Oakley Boulevard Neighborhood
Community
60612 (Chicago) Demographics
34
Median Age
8,600
Population Density (per sq. mile)
45%
College Educated
$44,538
Estimated Median Income
3,770
Estimated Total Home Owners
9,430
Estimated Total Renters
29% / 71%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.504 S Oakley Boulevard Monthly Cost
504 S Oakley Boulevard Market Data
Based on the last 30 days in this zip code
$595,193
Average List Price
$390
Average Price per Square Foot
18
Properties Sold
93
Average Days on Market
77
Properties for Sale
504 S Oakley Boulevard History
| Date | Value | Agent |
|---|---|---|
| 5/20/2026Source: MRED | Active |
|
| 5/15/2026Source: MRED | May 15, 2026 |
|
| 6/20/2022Source: MRED | January 27, 2022 |