1900 West Oakdale Avenue

Chicago IL 60657

0.08 ac.

Multi-Family

Currently for sale - view listing

Overview

Rare opportunity to house hack in prime Lakeview with this well-maintained 4-unit building consisting of all two-bedroom, one-bathroom apartments. The owner's unit has been completely rehabbed and is ready for its next occupant, featuring high-end, condo-quality finishes, a brand-new kitchen and bathroom, a king-size bedroom, in-unit laundry, new high-end soft-close cabinetry, quartz countertops, and an elevated tile backsplash - creating the ideal setup for an owner-occupant looking to offset their mortgage. For investors, the owner's unit offers strong rental potential on its own, with projected rents of $3,200+ per month, leading to a projected cap rate of 7%. All units feature central heating and air conditioning. Three units have private outdoor space. Two units feature in-unit laundry with free common laundry in the basement for the others. The building sits on a south-facing corner lot, which provides an abundance of natural light as well as a wide building footprint that is evident in the large bedroom sizes. Additional features include a two-car garage and dedicated storage space for each unit, all located just steps from CTA transit, the Lakefront Trail, parks, restaurants, and everything Lakeview has to offer.