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
Closed
$695,000
2420 S Oakley Ave, Chicago, IL 60608
9beds
--sqft
Multi Family
Built in ----
-- sqft lot
$695,100 Zestimate®
$--/sqft
$1,415 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 20, 2025 at 12:14pm
Listing courtesy of:
Jaime Campos 708-715-7258,
RE/MAX LOYALTY
Bought with:
Jaime Campos
RE/MAX LOYALTY
Source: MRED as distributed by MLS GRID,MLS#: 12387739

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air, Steam
Features
- Windows: Screens
- Basement: Partially Finished,Full,Walk-Out Access
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Off Alley, Off Street, Alley Access, On Site, Owned
Features
- Patio & porch: Patio
Lot
- Size: 2,613 sqft
- Dimensions: 25X100
Details
- Parcel number: 17301150470000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Asphalt
Condition
- New construction: No
- Major remodel year: 2018
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & neighborhood
Community
- Community features: Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Chicago
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Services availability
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$695,100
2% more+ $13,902
With Zillow Showcase(estimated)
$709,002