See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

3231 N Octavia Ave, Chicago, IL, 60634

6beds
4baths
4,000sqft
$1,200,000
$300price/sqft
$8,593/moest. monthly cost
$343,720/yrincome needed

About This Home

This stunning fully rehabbed with all furniture included has produced a generous gross income from Airbnb since launched March 25, modern-chic home, set on a wide lot, offers a "wow" factor at every turn. It's move-in ready for Airbnb or as your personal retreat. With 6 spacious bedrooms and 3.5 bathrooms, this property combines sophisticated design with practical functionality. Inside, you'll find updated light fixtures, fresh paint, and all-new toilets throughout. Bright, open spaces welcome you with white oak hardwood floors and soaring ceilings that invite natural light. The living room features a cozy fireplace, perfect for relaxing evenings. A gourmet kitchen, adorned with granite countertops, ample cabinetry, and designer brushed-gold finishes, is ideal for culinary creations. Just off the kitchen, the family room is ideal for larger gatherings, with patio doors that open onto the backyard deck. Upstairs, the luxurious primary suite offers an ensuite bathroom with a jacuzzi tub, accompanied by three additional bedrooms and another full bath. Each bedroom boasts generous closet space. A convenient side-by-side laundry unit is also included. The finished basement functions as a welcoming guest suite, featuring two additional bedrooms, a full bath, and a spacious entertainment area perfect for a media or playroom. Additionally, a brand-new roof was installed in October 2024, ensuring peace of mind for years to come. SOLD AS IS. Owner is a licensed Illinois real estate broker.

Getting Around

85
WalkingVery Walkable
55
TransitGood Transit
55
BikeBikeable

Schools

4/10
Dever Elementary SchoolGrades PK-80.4 mi

Construction

Condition

  • Year built: 2007

Materials

  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Construction materials: Brick

Other

  • Builder model: COLONIAL

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Microwave,Dishwasher,Refrigerator,Washer,Dryer,Disposal,Stainless Steel Appliance(s)
  • Laundry features: Gas Dryer Hookup,In Unit,Sink

Basement

  • Has basement: Yes
  • Basement: Finished,Concrete,Rec/Family Area,Sleeping Area,Storage Space,Daylight

Bedroom2

  • Features: Flooring (Vinyl),Window Treatments (Window Treatments)
  • Level: Second
  • Area: 180
  • Dimensions: 15X12

Bedroom3

  • Features: Flooring (Hardwood),Window Treatments (Window Treatments)
  • Level: Second
  • Area: 182
  • Dimensions: 14X13

Bedroom4

  • Features: Flooring (Vinyl),Window Treatments (Window Treatments)
  • Level: Second
  • Area: 180
  • Dimensions: 15X12

Bedroom5

  • Features: Flooring (Ceramic Tile),Window Treatments (Window Treatments)
  • Level: Lower
  • Area: 100
  • Dimensions: 10X10

Bedroom6

  • Features: Flooring (Ceramic Tile),Window Treatments (Window Treatments)
  • Level: Lower
  • Area: 100
  • Dimensions: 10X10

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 195
  • Dimensions: 15X13

Family Room

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 399
  • Dimensions: 21X19

Features

  • Cathedral Ceiling(s),Walk-In Closet(s),Open Floorplan
  • Window features: Skylight(s)
  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Natural Gas,Forced Air,Sep Heating Systems - 2+
  • Cooling features: Central Air

Interior Area

  • Total structure area: 0
  • Total interior livable area: 4,000 sqft

Kitchen

  • Features: Kitchen (Eating Area-Table Space,Island),Flooring (Hardwood)
  • Level: Main
  • Area: 357
  • Dimensions: 21X17

Laundry

  • Features: Flooring (Ceramic Tile)
  • Level: Lower
  • Area: 143
  • Dimensions: 13X11

Living Room

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 340
  • Dimensions: 20X17

Master Bedroom

  • Features: Flooring (Hardwood),Window Treatments (Window Treatments),Bathroom (Full)
  • Level: Second
  • Area: 500
  • Dimensions: 25X20

Office

  • Features: Flooring (Carpet)
  • Level: Lower
  • Area: 132
  • Dimensions: 12X11

Recreation Room

  • Features: Flooring (Carpet)
  • Level: Lower
  • Area: 900
  • Dimensions: 45X20

Property

Accessibility

  • Accessibility features: No Disability Access

Details

  • Parcel number: 12244300390000
  • Special condition: None

Features

  • Stories: 2
  • Patio & porch: Deck,Patio
  • Fencing: Fenced

Lot

  • Lot size: 4,375 sqft
  • Lot size dimensions: 35X125

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Yes,Garage Owned,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,067$72,804
Home Insurance *$489$5,868
Property Taxes $1,730$20,760
Electricity $307$3,691
Total$8,593$103,116
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$294,617/yr
40% on housing$257,790/yr
45% on housing$229,146/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$300This listing

vs Other Active Listings

Avg $/sqft

ZIP 60634$232
Cook County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 60634$258
Cook County$219

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-10-14Listed for sale$1,200,000
2024-11-20Listing removed$775,000
2024-11-14Listed for sale$775,000
2014-12-17Sold$455,000
2014-07-30Sold$455,000
2014-06-18Listed for sale$399,900
2014-06-17Sold$455,000
2011-07-07Sold$380,000
2009-04-08Listing removed$559,000
2008-09-12Listed for sale$559,000
2006-05-31Sold$255,000
2005-06-30Sold$225,000
1999-07-07Sold$121,000

For Sale by Agent

AgentVince Dinh, GRI
BrokerageHomeSmart Connect LLC

Similar Homes