Chicago, IL 60656,5240 N Oakview ST
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Chicago, IL 60656,5240 N Oakview ST
Chicago, IL 60656,5240 N Oakview ST
Chicago, IL 60656,5240 N Oakview ST
Chicago, IL 60656,5240 N Oakview ST

$1,025,000

Est. payment /mo

$1,099,000

6.7%
Est.Price: ?

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5240 N Oakview ST Chicago, IL 60656

SOLD DATE : 05/22/2024

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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Midwest Real Estate Data (MRED) IDX
Listed by Melissa Morgan • Flats, LLC
Bought with Jay Chandran • Jay C Realty, Inc.
agent

Carly Jones

Founding Real Estate Advisor

+1(312) 391-3170

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