Address
3142 W 16th Street, Chicago, IL
Price
$ 650,000
Property Attributes
- MLS#12027533
- TypeMulti-Family
- CountyCOOK
- CityChicago
- AreaCHI - North Lawndale
- Zip60623
- Style
- Year Built1900
- Taxes$ 3329
- Price$ 650,000
- Bedrooms11
- Full Bathrooms5
- Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Rare opportunity to buy a five unit, investment property that is full occupied. This three unit building, with a two unit coach house, was fully rehabbed (electrical, plumbing and HVAC) in 2023. The main building has a 2bd/1ba garden unit, 3bd/1ba first floor unit and a 4bd/1ba penthouse. The coach house has two units, a 2bd/1ba upstairs and a studio on the ground level. The seller does not know of the legal status of the studio unit. Each unit has a mixture of hardwood and tile flooring throughout the living spaces, stainless steel appliances in the main building kitchens and laundry hookups in two units, also in the main building. The building has a new roof, new windows and tuckpointing. Tenants pay a total of $6,650 in rent each month. Start earning money on your first day as a landlord.
| Price History | |
|---|---|
| 4/12/2024 | Listed $700,000 |
| 4/28/2024 | 8% - $650,000 |
General Features
| Heating | Natural Gas |
|---|---|
| Possession | Closing |
| Year Built | 1900 |
| Township | West Chicago |
| Tax Year | 2021 |
| Percent Ownership | Fee Simple |
| County | Cook |
| New Construction | No |
| Property Type | Residential Income |
| Total Rooms | 24 |
| Status | Active |
| Directions | Ogden Ave south to Albany Ave. North to 16th Street. |
| City | Chicago |
| High School District | 299 |
| MLS Area | CHI - North Lawndale |
| Waterfront Y/N | No |
| Street Name | 16th |
| Tax Annual Amount | 3329 |
| Days on Market | 27 |
| Standard Status | Active |
| Middle/Junior School District | 299 |
| Elementary School District | 299 |
| Property Type | Two to Four Units |
Interior Features
| Basement | None |
|---|---|
| Street Suffix | Street |
| Total Bedrooms | 11 |
| Total Baths | 5 |
| Bedrooms Possible | 11 |
| Basement | None |
| Full Baths Building | 5 |
| Total Number of Units | 4 |
Exterior Features
| Water Source | Lake Michigan |
|---|---|
| Exterior | Block |
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
Property vs Multi-Family Average in 60623
Price
Taxes
Visits
Year Built
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of June 17, 2024 5:42 PM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of June 17, 2024 5:42 PM UTC
