Map of Property

Chicago_Oakley_2448-2450 S (MF 4 Units + RET)

2448 South Oakley Avenue, Chicago, IL 60608

  • For Sale $1,100,000
  • Property Type Multi-Family
  • Property Size 8,715 SF
  • Units 5
  • Lot Size 0.12 Acre
  • Additional Rent Contact for pricing
  • Year Built 1887
  • Year Renovated 2022
  • Date Updated Dec 11, 2024
Oakley north of Blue Island Ave in Heart of ItalyACO Commercial is pleased to offer for sale, 2448-50 S. Oakley Avenue, a two-story 8,715 SF mixed-use building located in Chicago’s Pilsen Neighborhood. The property was originally constructed in 1887 and began extensive gut renovation in 2022, which has not been completed. The property has been placed in the possession of a court appointed receiver and will be sold by the receiver. The building is comprised of two floors and a basement: First Floor 5,100 SF of commercial space with a garage in a largely demolished state. The first -floor commercial was operated as a deli for decades before renovations began. The commercial kitchen hood and black iron are intact to accommodate food uses. Second Floor 3,700 SF demised into four apartment units in a nearly completed state. The apartment unit mix is as follows: (2) 3Bed/2Bath (2) 2Bed/1Bath The residential units feature high ceilings with recessed lighting, exposed masonry walls, vinyl floor surfaces, and quartz kitchens. Mechanical systems include individual HVAC, in-line hot water systems, and kitchen appliances. This offering presents an investor or user the chance to acquire a well-located property with a customizable ground floor, and largely completed residential units above, offered far below replacement cost.
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Highlights

  • Receivership Sale
  • B3-1 Zoning
  • 5,100 SF Commercial with Black Iron and Garage
  • Four Apartments w/ NEW Interior Construction
  • Exposed Sandblasted Masonry Interior Walls
  • Chicago’s “Heart of Italy” Neighborhood
  • All Bids Subject to Court Approval

Contacts

broker
George Toscas

ACO Commercial

Location

Getting Around

  • Walk Score ®

    81/100 Very Walkable

  • Transit Score ®

    63/100 Good Transit

  • Bike Score ®

    56/100 Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Heart of Italy
  • Zip Code 60608
  • Market Chicago

Points of Interest

  • Ashland

    1.07 miles

  • Kedzie

    1.25 miles

  • Central Park

    1.70 miles

  • Halsted

    1.82 miles

  • Halsted Street

    2.08 miles

  • Uber Tent

    2.49 miles

  • UIC-Halsted (Morgan Street)

    2.56 miles

  • Kostner

    2.61 miles

  • UIC-Halsted (Peoria Street)

    2.63 miles

  • UIC-Halsted (Halsted Street)

    2.71 miles

  • Marathon

    0.13 miles

  • Shell

    0.39 miles

  • BP

    0.53 miles

  • Midwest

    1.08 miles

  • Power Gas

    1.09 miles

  • Exxon

    1.20 miles

  • Mobil

    1.21 miles

  • Pilot

    1.22 miles

  • EVgo

    1.50 miles

  • Blink

    2.31 miles

  • Visitor Paerking

    0.74 miles

  • Visitor Parking

    0.92 miles

  • 35th/Archer Park & Ride

    1.20 miles

  • Lot W5

    1.48 miles

  • Lot M

    1.48 miles

  • Lot C4

    1.54 miles

  • Lot B4

    1.54 miles

  • Lot A4

    1.56 miles

  • Benedictine Bed and Breakfast

    1.68 miles

  • The Polo Inn

    1.90 miles

  • Hyatt Place Chicago - Medical / University District

    1.93 miles

  • Hyatt House Chicago - Medical / University District

    1.95 miles

  • Courtyard by Marriott Chicago at Medical District / UIC

    2.06 miles

  • Hotel Chicago West Loop

    2.28 miles

  • Jaslin Hotel

    2.55 miles

  • SpringHill Suites Chicago Chinatown

    2.68 miles

  • Sonder Greektown

    2.80 miles

  • Chicago Parthenon Hostel

    2.80 miles

  • Bruna's

    0.04 miles

  • Ignotz Ristorante

    0.06 miles

  • La Fontanella

    0.06 miles

  • Bacchanalia

    0.07 miles

  • Taco Bell

    0.15 miles

  • Canton Star

    0.32 miles

  • Rosie's Donuts

    0.35 miles

  • Laura's Pizza and Pasta

    0.35 miles

  • Wen Gai

    0.38 miles

  • Super Taqueria El Taconazo

    0.38 miles

  • Ruiz Elemetary School

    0.12 miles

  • Juan Inez de la Cruz School

    0.15 miles

  • Finkl Elementary School

    0.24 miles

  • Saint Paul School

    0.38 miles

  • Pickard Elementary School

    0.38 miles

  • Saint Roman School

    0.51 miles

  • Arturo Velasquez Institute

    0.52 miles

  • Whittier Elementary School

    0.56 miles

  • Saint Marks School

    0.59 miles

  • Cristo Rey Jesuit High School

    0.63 miles

  • New Zion Childcare Academy

    1.33 miles

  • Taylor Tots

    1.87 miles

  • Dorie Miller Child Parent Center

    2.10 miles

  • Herzl Child-Parent Center

    2.16 miles

  • Adams Street Child Care Center

    2.21 miles

  • Brighton Park Early Learning Center

    2.34 miles

  • Our Lady of Lourdes Child Development Center

    2.56 miles

  • YMCA Child Care

    2.74 miles

  • Kids & Company

    2.76 miles

  • LadyBug and Friends Daycare & Preschool

    2.77 miles

Frequently Asked Questions

How much does Chicago_Oakley_2448-2450 S (MF 4 Units + RET) cost?

The space currently listed for sale at Chicago_Oakley_2448-2450 S (MF 4 Units + RET) asks for $1,100,000.

What is the total square footage of Chicago_Oakley_2448-2450 S (MF 4 Units + RET)?

Chicago_Oakley_2448-2450 S (MF 4 Units + RET) totals 8,715 square feet.

When was this property built?

Chicago_Oakley_2448-2450 S (MF 4 Units + RET) was built in 1887.

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Contact Listing Broker
broker
George Toscas

ACO Commercial