2554 North Oak Park, Chicago IL 60707
- Units 4
- Total Beds 8
- Total Baths 4
- Taxes $6,544
- Payment Estimate View Mortgage Calculator
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Property Description
Prime Montclare 4-unit apartment building with three (3) additional non-conforming garden units, offered for the first time in 20+ years. Unit mix includes four (4) spacious 2BD/1BA apartments featuring hardwood floors, decorative fireplaces, and separate dining rooms, plus two (2) 1BD/1BA and one (1) 2BD/1BA non-conforming garden apartments. Key improvements include separately metered electric with 200-AMP service, vinyl windows (last 15 years), flat roof with new layer (~10 years), GE hot water heater (2010), and gas-forced furnaces. Second-floor tenants pay their own electric, cooking gas, and heat; first-floor and garden units have owner-paid heat. Additional features: building-owned coin laundry and attached two-car brick garage. Current rents are well below market, creating a strong value-add opportunity through renovations, and rental increases. Excellent investment for long-term cash flow and appreciation in a stable neighborhood.
Features & Information
Key Details
- List Price $800,000
- Property Taxes $6,544
- Price/ Sq. Ft. Unavailable
- Year Built 1926
- Parking Type Garage
- Status Contingent
Rooms
- Total Rooms 5
- Basement P
Exterior Features
-
Parking
- Parking Details Garage
- # of Cars: 2
Building Information
- Number of Units 4
- Age of Building 91-100 Years
- Exterior Construction Brick
- Heating & Cooling Gas
-
Units
- Unit 1 Stove, Refrigerator, Microwave
- Unit 2 Stove, Refrigerator, Microwave
- Unit 3 Stove, Refrigerator, Microwave
- Unit 4 Stove, Refrigerator, Microwave
Location
- County Cook
- Township Jefferson
- Corporate Limits Chicago
- Directions to Property North On Oak Park To Southwest Corner Of Oak Park And Wrightwood - Entrance To 2556 Off Wrightwood
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
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Property Taxes
- Tax 6544
- Tax Year 2023
- Parcel Identification Number 13303230200000
Utilities
- Sewer Unknown
Listed by: Compass | Phone: 773.598.7388
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/17/2025 8:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Montclare
A clean and inviting neighborhood for people who just can't decide between the suburbs and the city, Montclare has a wealth of restaurants, shopping destinations, and beautiful homes. No need to move all the way out to the suburbs when you require more space or want to start a family, areas like Montclare are the perfect balance of urban existence and small town life. Get the house, the yard, the driveway and the dog (if you want to). The properties in Montclare have room for all. Many Chicagoans with young children are drawn to this neighborhood for the protective measures of speed bumps and traffic circles, common in several parts of the community. You may be protected, but you are certainly not secluded as the main border streets are bustling with major shopping centers and a selection of cafés and eateries.
Mortgage Calculator
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