Skip To Content

1737 W 16th Street

Chicago, IL 60608
  • $875,000
  • STATUS: Active
  • ON SITE: 60 days
  • MLS #: 11105587
UPDATED: 52 min ago
$875,000
  • 9
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

School District:
299

Description

Looking for a income generating property in a high rent traffic area? This is it! This 3 unit property was full renovated with high quality finishes throughout in 2019, including 10 foot tall ceilings on the 3rd floor, and 8 foot ceilings on the other 2 units, each unit features new Samsung appliances, quartz counters, in unit laundry for all 3 units. Each unit has its own central air and heat as well. 2/3 units are currently rented until spring of 2022, the owner resides in the 3rd unit. Making this perfect for the owner to reside at the property or rent it out, which won't be a problem, close to the University of Illinois-Chicago, public transportation and everything Pilsen has to offer! There are 3 parking spaces off the alley. You will find that the owner spared no expense in the remodel of this building. This investment property is ready for its new owner!

Monthly Payment Calculator



© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Helen Oliveri Real Estate. Based on information submitted to the MRED as of 2021-08-04T22:53:48.357 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.chicagolandexclusivehomes.com/homes/117909284
Print Image

1737 W 16th Street Chicago, IL 60608

  • Price: $875,000
  • Status: Active
  • Updated: 52 min ago
  • MLS #: 11105587
9
Beds
0
Baths
0
½ Baths
N/A
Acres
1920
Built
Neighborhood:
Chi - Lower West Side
County:
Cook
Area:
Chi - Lower West Side
School District:
299
Property Description
Looking for a income generating property in a high rent traffic area? This is it! This 3 unit property was full renovated with high quality finishes throughout in 2019, including 10 foot tall ceilings on the 3rd floor, and 8 foot ceilings on the other 2 units, each unit features new Samsung appliances, quartz counters, in unit laundry for all 3 units. Each unit has its own central air and heat as well. 2/3 units are currently rented until spring of 2022, the owner resides in the 3rd unit. Making this perfect for the owner to reside at the property or rent it out, which won't be a problem, close to the University of Illinois-Chicago, public transportation and everything Pilsen has to offer! There are 3 parking spaces off the alley. You will find that the owner spared no expense in the remodel of this building. This investment property is ready for its new owner!
Exterior Features

Exterior Building Type Vinyl SidingFrame Exterior Features BalconyDeckPatio Foundation Details Concrete Perimeter Lot Features Fenced Yard Number Of Cars 3 Parking Space/S Parking Features Off Alley Parking On Site Yes Parking Ownership Owned Parking Total 3 Unit1 Floor Level 1 Unit2 Floor Level 2 Unit3 Floor Level G Waterfront YN No

Interior Features

3 Bedroom Unit In Building Yes Appliances Features Unit1 StoveRefrigeratorWasherDryerDishwasherMicrowaveCentral Air ConditionerHardwood Floors Appliances Features Unit2 StoveRefrigeratorWasherDryerDishwasherMicrowaveCentral Air ConditionerCathedral CeilingsHardwood Floors Appliances Features Unit3 StoveRefrigeratorWasherDryerDishwasherMicrowaveCentral Air Conditioner Basement FullWalkout Basement Description FinishedExterior Access Bath Amenities Separate ShowerDouble Sink Bathrooms Total Integer 6 Bedrooms Below Grade 0 Bedrooms Possible 9 Full Baths In Building 6 Full Baths In Unit1 2 Full Baths In Unit2 2 Full Baths In Unit3 2 Half Baths In Building 0 Half Baths In Unit1 0 Half Baths In Unit2 0 Half Baths In Unit3 0 Heating Natural GasForced Air2+ Sep Heating Systems Number Of Bedrooms Unit1 3 Number Of Bedrooms Unit2 3 Number Of Bedrooms Unit3 3 Number Of Rooms Unit1 5 Number Of Rooms Unit2 5 Number Of Rooms Unit3 5 Other Equipment Security SystemCo DetectorsSump PumpMultiple Water Heaters Rooms Total 11

Property Features

Additional Parcels YN No Age Description 100+ Years Built Before1978 YN Yes Corporate Limits Chicago General Information None Gross Income 74400 Lease Exp Date Mo Yr Unit1 05/22 Lease Exp Date Mo Yr Unit2 Vac Lease Exp Date Mo Yr Unit3 6/22 Lot Size Standard Chicago Lot Lot Size Dimensions 125 X 24 Net Operating Income 60913 New Construction YN No Property Sub Type 2 Flat Rebuilt YN No Rehab Year 2019 Rehab YN Yes Security Deposit Unit1 N/A Security Deposit Unit2 0 Security Deposit Unit3 N/A Sewer Public Sewer Special Assessments N Special Listing Conditions None Special Service Area N Tax Annual Amount 6062.1 Tax Year 2019 Tenant Pays Unit1 ElectricGas Tenant Pays Unit2 ElectricGas Tenant Pays Unit3 ElectricGas Total Rental Income 6200 Unit1 Rent 2100 Unit2 Rent 2300 Unit3 Rent 1800 Water Source Lake MichiganPublic Zoning Multi

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Boutique Home Realty.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Helen Oliveri Real Estate. Based on information submitted to the MRED as of 2021-08-04T22:53:48.357 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11105587-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11105587-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11105587-1.jpg
Logo
Helen Oliveri Real Estate
101 W. Gilmer Road
Hawthorn Woods IL, 60047