2420 S Oakley Ave

Chicago IL 60608

0.06 ac.

Multi-Family

Last sold for $695,000

Jaime Campos Olsowka, last sold this property on 18 August 2025 after 122 days on market.

Overview

Rarely available, this classic brick 3-unit in the highly desirable Heart of Chicago section of Pilsen offers strong upside for both investors and owner-occupants. The building includes two 2 bed / 1 bath units on the first floor (front and rear), and a spacious 5 bed / 2 bath top-floor apartment that's perfect for an owner's unit or high-rent tenant. The top unit features interior stairs to a large unfinished attic, offering excellent potential to duplex up and significantly increase value and rent. Currently, both the top-floor unit and the rear 2 bed unit are vacant, making this a unique opportunity to lease, or live in while generating income. An unfinished basement with roughed-in plumbing for a bathroom, rear egress, and common laundry area offers additional expansion potential. Located in one of Pilsen's most vibrant pockets, this block of Oakley is home to a Restaurant Row with six fine dining establishments and cozy cafes. Just a short walk to Pete's Grocery, the PINK Line, and moments from 18th Street shops, Thalia Hall, etc. With two vacant units, expansion potential, and a rapidly appreciating location, this property is a rare chance to invest or settle in one of Chicago's most exciting neighborhoods

Features

8 bedrooms

4 bathrooms

2 carspaces

0.06 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar 8 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 2420 S Oakley Ave is $551.25k.

Median value

$551.25k

Estimated value range

$285k - $1.51m

Median days on market

Estimated value trend

-10%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2420 S Oakley Ave

2025

Sold

$695,000

18 Aug 2025 by Jaime Campos Olsowka, of RE/MAX LOYALTY

2022

Sold

Undisclosed

18 Jun 2022 by Phillip Buoscio, of Better Living Realty

2014

Sold

$315,000

28 Jul 2014 by Phillip Buoscio, of Better Living Realty

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.