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Image 1 - 1037 South Oakley Boulevard, Chicago, IL 60612, USA - Loft for sale
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Residential Income
1037 South Oakley Boulevard, Chicago, IL 60612, USA

Residential Income

loft for sale
45 views
Listed: 02/13/23

1037 South Oakley Boulevard, Chicago, IL 60612, USA

6 Bed:
1 Bath:
Save
Price
$ 649,000

About This Loft

Amazing opportunity to purchase this gorgeous BRICK victorian remodeled two flat and convert it into a Legal3 FLATor Single family home in the HOT University Village/Tri-Taylor area. The values in this area are going up like crazy!!! Tremendous ability to make extra income with this investment property that is currently rented out by turning it into a 3 flat or convert this into a DREAM single family home and watch your value skyrocket. Currently it's rented at 7% cap rate but this will only go up! The first unit is a duplex down with 2 bedrooms and 1 bathroom on the main level and 2 bedrooms and 1 bathroom on the lower level with two separate entrances. It features high …  Full description

Amenities

  • Take a dip in a refreshing pool anytime Pool

Property Also Includes

  • Parking
  • Heating Forced Air

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Claremont Cottages Housing & Living

Household Income

Median household income: $57,238
Number of households: 1,1M
The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.