5137 W Oakdale Avenue, Chicago IL 60641
$559,999

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Property Description

Exceptional opportunity to own a well-maintained legal two-unit brick building in a desirable Northwest Chicago location! This versatile, income-producing property features spacious living areas, a finished basement with an in-law living arrangement, a detached 2-car garage, and an additional gated parking pad offering ample off-street parking. Current rents are below market value, presenting an excellent opportunity for increased cash flow and long-term appreciation. Ideally situated near parks, schools, shopping, grocery stores, and a variety of local restaurants, this property also offers convenient access to public transportation, major expressways, and nearby neighborhoods such as Portage Park and Belmont Cragin. Whether you're looking to expand your investment portfolio or occupy the property while generating rental income, this is a fantastic opportunity in a well-established community with strong rental demand. As-is.

Features & Information

Key Details

  • List Price $559,999
  • Property Taxes $5,778
  • Year Built 1923
  • Status New
  • List Market Time 2

Units

  • Unit 1

  • Floor 1
  • Rooms 6
  • Beds 2
  • Baths 1
  • Appliances Stove
  • Rent $1,100/mo
  • Tenant Pays Electric,Gas
  • Lease Expires MTM
  • Unit 2

  • Floor 2
  • Rooms 7
  • Beds 3
  • Baths 1
  • Appliances Stove, Refrigerator
  • Tenant Pays All
  • Lease Expires N/A

Exterior Features

  • Parking

  • # of Cars:  2

Building Information

  • Number of Units 2
  • Age of Building 100+ Years

Location

  • County Cook
  • Township North Chicago
  • Corporate Limits Chicago
  • Directions to Property Belmont Ave To Laramie Ave, North To Oakdale Ave, East To Property
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 5777.62
  • Tax Year 2024
  • Tax Exemptions Homeowner,Senior,Senior Freeze
  • Parcel Identification Number 13282200080000

Listed by Steve Jasinski for Baird & Warner | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 8/10/2026 11:32 PM. 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.

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