$1,025,000
$1,099,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
5240 N Oakview ST Chicago, IL 60656
Key Details
Sold Price $1,025,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12003101
Sold Date 05/22/24
Maintenance Fees $945
Year Built 1967
Annual Tax Amount $15,562
Tax Year 2022
Lot Dimensions 5600
Property Sub-Type Multi Family 5+
Property Description
5240 N Oakview is a corner six-flat in the O'Hare submarket with strong in-place income. The current monthly rent roll is: $8,765/month. The property has been well-maintained by the same owner for 30+ years. The property features six (6) two-bedroom units, a basement, one-car attached garage and eight (8) surface parking spaces. There is a common laundry and ample tenant storage in both the hallways and basement space. Great investment opportunity in a high demand rental market. Please note, the property can be purchased as a portfolio sale with 8657 W Berwyn, which is on the opposing corner. 8657 W Berwyn is separately listed with an asking price of: $999,000.
Location
State IL
County Cook
Area Chi - O'Hare
Interior
Fireplace N
Building
Level or Stories 3
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Bought with Jay Chandran • Jay C Realty, Inc.