Property Attributes
- MLS#12026538
- TypeMulti-Family
- CountyCOOK
- CityChicago
- AreaCHI - Lower West Side
- NeighborhoodLower West Side
- Zip60608
- Style
- Year Built1898
- Taxes$ 12385
- Price$ 1,499,000
- Bedrooms15
- Full Bathrooms0
- Half Bathrooms0
- Lot Size6,372 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Here's your opportunity to own this 100% turnkey 6 Unit corner lot brick building investment property in highly desired Pilsen. The building features three (3) bedroom units and three (2 ) bedroom units (total of 15 beds/6 baths). The property offers serious rental income potential. Five of the six units are occupied with month-to -month leases providing a steady income stream for investors. Rents are currently undermarket value due to long time tenants. All 6 units are updated with their own electric meters and gas. All of the units have been updated with amenities while maintaining their original character. New improvements include bathrooms, ceramic tile in kitchens, laminate flooring, newer roof architectural shingles with a 35 year warranty, new porch, recently built detached brick 2 car garage, tuckpointing, steel doors, three layer energy efficient windows and a security system. All of which make this a once in a lifetime opportunity! The unfinished basement and attic are ready for your remodeling ideas with plenty of storage. The location is prime and close to downtown with an iconic city skyline view. Near 3 major expressways (290,90/94,55) with public transportation just minutes away (Pink Line station). You'll be in a vibrant neighborhood that offers restaurants, shops, art galleries, coffee shops all just a few steps away. Make your appointment today, you won't be disappointed!
Price History | |
---|---|
4/11/2024 | Listed $1,499,000 |
General Features
Possession | Closing |
---|---|
Roof | Composition |
Year Built | 1898 |
Tenant Pays | Air Conditioning,Electricity,Heat |
Stories | 3 |
Tax Year | 2022 |
Gross Income | 100800 |
County | Cook |
Operating Expense | 9698 |
Insurance Expense | 4324 |
Property Type | Commercial Sale |
Status | Active |
Directions | South on Hoyne,east on 23rd street |
City | Chicago |
Total Units | 6 |
MLS Area | CHI - Lower West Side |
Lot Size Square Feet | 6372 |
Street Name | 23rd |
Tax Annual Amount | 12385 |
Electric Expense | 322 |
Trash Expense | 2163 |
Water Sewer Expense | 2022 |
Additional Parcels Y/N | No |
Days on Market | 6 |
Standard Status | Active |
Property Type | Multi Family 5+ |
Interior Features
Street Suffix | Street |
---|---|
Basement | Unfinished |
Exterior Features
Foundation Details | Brick/Mortar |
---|---|
Lot Dimensions | 3100 |
Exterior | Brick |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool