Check Availability
Chicago 60647 Bucktown
2162 N Oakley Avenue
$695,000
Land - For Sale

2162 N Oakley Avenue

Chicago, IL 60647
bedrooms
Studio
bathrooms
0 Bath
$693,104
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

HEART OF BUCKTOWN.  Attention Investors, Developers, and Contractors! This is a fantastic development opportunity.  This land sits in an outstanding and sought-after location with ample new construction of single-family homes and condo developments. It is across from Holstein Park.  Zone R-4. This land is also a stone's throw from the 90/94, shopping and restaurants. There is a property on the land.  "Sold AS IS."
Unit Size
-
Days on Market
761 days
Land Size
0.05 acres
Price per sqft
-
Property Type
Land
Property Taxes
$801
HOA Dues
-
Year Built
1967
Listed By
Last updated: 9 months ago (MREDIL #11333953)

Price History

Date / Event Date Event Price
Feb 26, 2022 Listed by RE/MAX Legends $695,000
Listed by RE/MAX Legends
Jan 4, 2020 No longer available -
No longer available
Aug 28, 2019 Price Decreased $760,000
↓ $10K (1.3%)
Price Decreased
Jun 3, 2019 Listed $770,000
Listed
EXTRAORDINARY DEVELOPMENT OPPORTUNITY IN A VERY HOT, HIGHLY SOUGHT OUT AREA AT THE HEART OF BUCKTOWN!! Numerous new single family houses and condo development being built in the area. Near 90/94, shopping and restaurants.

Property Highlights

Building Details
New Construction

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,400
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 240
  • Total Building Area: 900
  • Gross Building Area: 900
  • Building Area: 900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 900
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOLSTEIN A SUB OF WH NW SEC 31-40-14
  • Land Acres: 0.055
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (HOLSTEIN) A SUB OF WH NW SEC 31-40-14

Ownership

  • Current Owner : VELEZ NICOLAS
  • Current Owner 2: VELEZ TOMASITA
  • Previous Owner : OLIVER JULIO
  • Previous Owner 2: OLIVER FLORA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 221600

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 14-31-119-018-0000
  • Block: 11
  • Lot: 17
  • Meridian: SEC 31 TWN 40N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9217
  • Longitude: -87.6859

    Address

  • Full Address: 2162 N Oakley Ave
  • Address - House Number: 2162
  • Street Direction: N
  • Address - Street Name: Oakley
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C010
  • 4-Digit Zip Code: 3268
  • Zip Code: 60647

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,820
  • Tax Rate Code Area: 77135

    Appraisal Valuation

  • Standard Deviation: 0.102
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 90
  • Final Value: 688,167
  • High Value: 758,414
  • Low Value: 617,919

    Market Valuation

  • Market Total Value: $510,000
  • Market Land Value: $168,000
  • Market Improvement Value: $342,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,000
  • Assessed Land Value: $16,800
  • Assessed Improvements Value: $34,200

    Sales

  • Current Sale Contract Date: Apr 28, 1995
  • Current Sale Recording Date: Jun 22, 1995
  • Current Sale Transaction ID: 1177142624
  • Current Sale Price: $147,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 95403781

    Last Sale Mortgage

  • First Mortgage Lender: AVONDALE FSB
  • First Mortgage Transaction Date: Jun 22, 1995
  • First Mortgage Loan Amount: $52,000
  • First Mortgage Terms: 117
  • First Mortgage Loan Due Date: Apr 01, 2005

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
3,221 ft²
$239/ft²
$769,000 Dec 7, 2022
-
$757/mo
House
2 Beds
2 Baths
1,438 ft²
$477/ft²
$686,000 May 5, 2022
-
$318/mo
Multifamily
3 Beds
3 Baths
-
$700,000 Feb 14, 2023
-
$1,079/mo
House
3 Beds
2 Baths
1,650 ft²
$448/ft²
$739,000 Jul 21, 2022
-
$425/mo
Multifamily
6 Beds
-
-
$715,000 Jun 29, 2022
-
$782/mo
Multifamily
4 Beds
-
-
$675,000 Dec 1, 2022
-
$1,054/mo
Multifamily
3 Beds
2.5 Baths
-
$665,000 Feb 23, 2023
-
$1,175/mo
House
2 Beds
2.5 Baths
-
$649,500 Feb 22, 2023
-
$252/mo
House
2 Beds
2 Baths
1,440 ft²
$449/ft²
$647,000 Jan 12, 2023
-
$305/mo
House
2 Beds
2 Baths
1,438 ft²
$427/ft²
$613,900 Jul 21, 2022
-
$285/mo
House
4 Beds
2.5 Baths
2,380 ft²
$315/ft²
$749,900 Feb 7, 2023
-
$1,298/mo
Multifamily
9 Beds
-
-
$750,000 Feb 7, 2023
-
$1,087/mo

About Northwest Side


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Frequently Asked Questions

When was property at 2162 North Oakley Avenue built and last sold?
The property at 2162 North Oakley Avenue was built in 1967 and last sold on Apr 28, 1995 for $147,000.
How much is this home worth?
The estimated value of the home located at 2162 North Oakley Avenue is $701,950.
What are some comparable homes to 2162 North Oakley Avenue?
Homes that are comparable to 2162 North Oakley Avenue include a commercial property at 2509 West North Avenue, a house property at 1701 West Webster Avenue, a multifamily property at 1727 North Fairfield Avenue.

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