Back 4825 West Oakdale Avenue
Off Market

4825 West Oakdale Avenue

Chicago IL 60641

10
3
6
0.11 ac.
Multi-Family
Last sold for $773,200
Kenneth SabinoKenneth Sabino, last sold this property on 21 July 2025 after 230 days on market.

Overview

Welcome to 4825 W Oakdale Ave-a fully renovated, income-generating legal 2-flat with an additional garden unit, ideally situated on an oversized 40' x 125' lot in Chicago's East Belmont Cragin neighborhood. Whether you're an investor or an owner-occupant looking to minimize your mortgage payments, this property offers low maintenance costs and high rents with a CAP Rate over 8.75. Each unit has luxury condo quality finishes througtout! All units feature Oversized Living and Dining Room Combos with newer Hardwood Floors Thru-out, designer kitchens with white shaker cabinets, quartz counters, and stainless appliances. Units 1 and 2 offers three bedrooms and one renovated bathroom. The garden unit includes 4 bedrooms, 8' ceilings, and two private entrances! With all units rented for a total gross income of $7,108/month, this property will put money in your pocket from day 1. Property improvements from 2022 include a new tear-off roof (house & garage), new black energy-efficient windows, updated plumbing and electrical, three separate HVAC systems and water heaters, laundry room, new decks, 2-car garage, 4-car driveway, and a large backyard. This turn key investment is in the East Belmont Cragin/Avondale/Logan Square neighborhoods. Just minutes to the highway, public transportation and great shops and restaurants. **Owner is in the process of having the property rezoned to a 3-flat with the alderman/city. The lawyer for the rezoning has been paid up front and will continue the process with the new owner. Architectural drawings have also been completed and will be included with the sale**. Come Home!

Features

10 bedrooms
3 bathrooms
6 carspaces
2 garage spaces
0.11 ac. lot size
Multi-Family

Estimated Value

We need at least 3 similar 10 bedroom multi families sold in Chicago over the last 12 months.

Property history for 4825 West Oakdale Avenue

2025
Sold
$773,200
21 Jul 2025 by Kenneth Sabino, of Baird & Warner
2023
Sold
$725,000
13 Jan 2023 by Diane Vargas, of MPower Residential Brokerage LLC
2022
Sold
$240,000
26 Jan 2022 by Israel Nieves, of Beaulieu Real Estate

Happy sellers in Chicago

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Local market activity for 10 bedroom multi families in Chicago

In the last 12 months, 1 numeral.10-bedroom multi family similar to 4825 West Oakdale Avenue, have been sold.

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