New Investment Opportunity in Arcadia Terrace! Introducing a well-maintained 4-unit building offering tremendous upside potential. Each spacious unit features 3 bedrooms, 2 full baths, a large dining room, and a comfortable family room-ideal for today's renters seeking extra living space. Recent updates include a newer roof, gutters, siding, electric panels, deck, and deck windows, ensuring peace of mind for the next owner. The property also offers a 3-car garage and a well-kept exterior that enhances curb appeal. All tenants are month-to-month, providing flexibility for rent adjustments or future repositioning. Current rents are well below market, presenting a great value-add opportunity in one of Chicago's desirable neighborhoods. Don't miss this solid investment with strong long-term potential in Arcadia Terrace! Owner does not know the legality of the basement unit. Selling AS-IS
Closed
$900,000
6246 N Oakley Ave, Chicago, IL 60659
12beds
--sqft
Multi Family
Built in 1929
-- sqft lot
$924,600 Zestimate®
$--/sqft
$1,809 Estimated rent
Home value
$924,600
$832,000 - $1.03M
$1,809/mo
Zestimate® history
Owner options
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$1,809/mo
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$1,809/mo
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$6,430/mo
Est. payment
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$6,430/mo
Est. payment
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List your homeWhat's special
Well-kept exteriorLarge dining roomEnhances curb appealComfortable family roomElectric panelsNewer roofSpacious unit
Zillow last checked:
Listing updated:
Listed by:
Laura Tibu 773-255-4828,
HomeSmart Connect LLC
Bought with:
Mark Zipperer
RE/MAX Premier
Source: MRED as distributed by MLS GRID,MLS#: 12496655
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Natural Gas
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 3
- Parking features: Yes, Garage Owned, Detached, Garage
- Garage spaces: 3
Lot
- Size: 4,125 Square Feet
- Dimensions: 33x125
Details
- Parcel number: 14061060190000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Brick
Condition
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $720,000
- Annual tax amount: $10,760
- Date on market: 10/16/2025
- Listing terms: Exchange
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/20/2026 | Sold | $900,000-5.3% |
Source:  MRED as distributed by MLS GRID #12496655 Report a problem | ||
| 12/12/2025 | Contingent | $949,999 |
Source: MRED as distributed by MLS GRID #12496655 Report a problem | ||
| 10/16/2025 | Listed for sale | $949,999 |
Source: MRED as distributed by MLS GRID #12496655 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $72,000 +41.2% |
| 2023 | $10,760 +2.6% | $51,000 |
| 2022 | $10,490 +2.3% | $51,000 |
| 2021 | $10,256 +23.6% | $51,000 +26.4% |
| 2020 | $8,297 -3.8% | $40,347 -13% |
| 2019 | $8,628 +1.7% | $46,376 |
| 2018 | $8,482 -9.4% | $46,376 -1% |
| 2017 | $9,359 -2.3% | $46,850 -6.9% |
| 2016 | $9,580 +9.6% | $50,330 |
| 2015 | $8,742 +8.9% | $50,330 +9.8% |
| 2014 | $8,025 +2.2% | $45,821 |
| 2013 | $7,855 +1% | $45,821 |
| 2012 | $7,775 -2% | $45,821 -13.5% |
| 2011 | $7,931 +1.3% | $52,981 |
| 2010 | $7,832 +2.3% | $52,981 -3.8% |
| 2009 | $7,659 -6.2% | $55,053 -13.5% |
| 2008 | $8,163 +5.5% | $63,620 |
| 2007 | $7,737 +10.3% | $63,620 |
| 2006 | $7,012 +7.4% | $63,620 +34.5% |
| 2005 | $6,532 +2.2% | $47,297 |
| 2004 | $6,394 -14.6% | $47,297 |
| 2003 | $7,484 +30.3% | $47,297 +48% |
| 2002 | $5,742 +3.8% | $31,961 |
| 2001 | $5,535 +31.5% | $31,961 |
| 2000 | $4,207 -0.7% | $31,961 +45.9% |
| 1999 | $4,236 | $21,902 |
Find assessor info on the county website
Neighborhood: West Ridge
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Nearby schools
GreatSchools rating
- 5/10Hayt Elementary SchoolGrades: PK-8Distance: 1 mi
- 3/10Senn High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- High: Mather High School
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$924,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$924,600
- Illinois
- Cook County
- Chicago
- 60659
- West Ridge
- 6246 N Oakley Ave
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