4825 W Oakdale Ave Chicago, IL 60641
Property details
About 4825 W Oakdale Ave
Welcome to 4825 W Oakdale Ave-a fully renovated, income-generating legal 2-flat with an additional garden unit, ideally situated on an oversized 40' x 125' lot in Chicago's East Belmont Cragin neighborhood. Whether you're an investor or an owner-occupant looking to minimize your mortgage payments, this property offers low maintenance costs and high rents with a CAP Rate over 8.75. Each unit has luxury condo quality finishes througtout! All units feature Oversized Living and Dining Room Combos with newer Hardwood Floors Thru-out, designer kitchens with white shaker cabinets, quartz counters, and stainless appliances. Units 1 and 2 offers three bedrooms and one renovated bathroom. The garden unit includes 4 bedrooms, 8' ceilings, and two private entrances! With all units rented for a total gross income of $7,108/month, this property will put money in your pocket from day 1. Property improvements from 2022 include a new tear-off roof (house & garage), new black energy-efficient windows, updated plumbing and electrical, three separate HVAC systems and water heaters, laundry room, new decks, 2-car garage, 4-car driveway, and a large backyard. This turn key investment is in the East Belmont Cragin/Avondale/Logan Square neighborhoods. Just minutes to the highway, public transportation and great shops and restaurants. **Owner is in the process of having the property rezoned to a 3-flat with the alderman/city. The lawyer for the rezoning has been paid up front and will continue the process with the new owner. Architectural drawings have also been completed and will be included with the sale**. Come Home!
Highlights
(New)
Summary
- Basement: Yes
- Total Bedroom Count: 10
- Garage Space: 2 spaces
- Parking: Garage Door Opener, On Site, Garage Owned, Detached, Off Alley, Driveway, Owned, Garage
- Architectural Style: Brownstone
- Heating: Natural Gas, Forced Air
- List Price: $799,900
- Annual Tax Amount: $7,203
- Tax Year: 2022
- Directions: Cicero South of Belmont Ave to Oakdale West to property.
- Year Built: 1925
- Lot Size: 0.11 Acres
- MLS Number: 12352409
- MLS Name: MRED
- Office Name: Baird & Warner
- Office Phone: (773) 697-5555
- Listing Agent: Kenneth Sabino
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$799,900
4825 W Oakdale Ave
$9,499
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 23, 2023 | Home Sold | $725,000 |
| Feb 03, 2022 | Home Sold | $240,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $35,005 | $7,203 |
| 2020 | $30,532 | $6,805 |
| 2019 | $35,503 | $7,137 |
| 2018 | $35,503 | $7,017 |
| 2017 | $38,419 | $8,275 |
History based on county public records data.
Nearby schools
7
Falconer Elementary School
Public District PK-6
0.2 mi
•3020 N Lamon Ave
5
Barry Elementary School
Public District PK-6
0.4 mi
•2828 N Kilbourn Ave
2
Schubert Elementary School
Public District PK-5
0.7 mi
•2727 N Long Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,443. Residents of Chicago, IL typically earn less than $<35k each year. Most families are married, with kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Mexican League Soccer
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
Foot Locker
H&M
Ross Dress For Less
Where do the neighbors go to eat?
Little Caesars
Popeyes
Jack In The Box
What do the neighbors drive?
Dodge
Nissan
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits- Soft Adult Contemporary
Frequently asked questions
About 4825 W Oakdale Ave
The listing price of 4825 W Oakdale Ave property is $799,900.
The property 4825 W Oakdale Ave is a house located in Chicago, Illinois, 60641.
Active Listing: 4825 W Oakdale Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4825 W Oakdale Ave are: Falconer Elementary School (GreatSchools Rating 7/10), Barry Elementary School (GreatSchools Rating 5/10), Schubert Elementary School (GreatSchools Rating 2/10), Scammon Elementary School (GreatSchools Rating 6/10), Christopher House Charter Elementary School (GreatSchools Rating 4/10), Northwest Middle School (GreatSchools Rating 2/10), Foreman High School (GreatSchools Rating 1/10), Intrinsic Charter High School (GreatSchools Rating 3/10), Kelvyn Park High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2022 is $7,203 (source: MLS/based on county public records data).
The last sale was on January 23, 2023 for $725,000 (source: MLS/tax record).
The property at 4825 W Oakdale Ave has 10 bedrooms and 3 bathrooms.
The year of construction for 4825 W Oakdale Ave is 1925.
This home is located at 4825 W Oakdale Ave in Chicago, IL and zip code 60641 in the Belmont Cragin neighborhood. Features: 10 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $799,900.
Chicago, IL housing market in April 2025 saw over 901 listings sold above listed price, more than 351 sold at listed price and over 879 sold below. Between March and April 2025, Chicago, IL real estate market has seen increase in the number of listings by 19.8%. Listings spent 31 days on the market in April 2025, and had a median list price of $374,309 during the same period.