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3115 N Oakley Avenue Chicago, IL 60618 Multi Unit - Multiple New

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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!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 9
Bathrooms: 4
County: Cook
Listed By:
Keller Williams ONEChicago 312-216-2422
MRED MLS
$1,450,000
Est. $9,489/mo
9beds
4baths
2cars
New to the Market New
BEDS9 BATHS4 full MLS#12627345
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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3115 N Oakley Avenue , Chicago, IL 60618.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,450,000$1,450,000$1,450,000
Down Payment $50,750$0$290,000
Monthly Mortgage Amount $8,651$9,000$7,048
Taxes $2018$2018$2018
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $870$0$0
Monthly Estimated Total $11,962$11,441$9,489

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