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Catalin Maticiuc

catalin@crosstownrealtors.com +1(773) 474-8497

$ 1,499,000

Est. payment | -/mo

9 Beds

7 Baths

Save

$ 1,499,000

Est. payment | -/mo

Save

9 Beds

7 Baths

Open House

Sat Jul 25, 10:00am - 12:00pm

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12706870

Bedrooms 9

Year Built 1993

Annual Tax Amount $21,965

Tax Year 2024

Lot Dimensions 3096SF PER COOK COUNTY ASSESSOR SITE

Property Sub-Type Two to Four Units

Property Description

Exceptional, fully leased legal 3-unit brick building in hot West Town near Fulton Market, situated on a peaceful, tree-lined block. Offers over 3,650 sq ft of above-grade living space plus an expansive finished basement. Perfect for turn-key investors or owner-occupants. Unit 1 is a massive 3BR/3BA duplex down. Units 2 & 3 feature identical, spacious 3BR/2BA layouts. All units boast in-unit W/D, sun-drenched living spaces, private rear decks, hardwood floors, updated kitchens/baths, fireplaces, plus recent furnaces, A/C units, and tankless water heaters. Secure perimeter fencing with electronic lock door. Fully leased with a strong day-one cash flow of almost $10k/month and stable leases at below-market rents. Massive upside to transition to market rates in 2027. Built in 1993, it features copper plumbing, high grade electrical systems, panels, and a modern architectural layout. Newer Roof (2022) Ultra-low owner overhead: tenants pay separate utilities via individual gas/electric meters and dedicated HVAC systems. Rear 3-car parking footprint offers prime value-add potential: monetize for monthly revenue with lease renewals, build a private 2-car garage, or construct a coach house/ADU for a lucrative fourth income stream (buyer to verify zoning/ADU compliance with the City). Unmatched location central to major upcoming neighborhood developments: Bally's Casino (0.6mi), Fulton Market Expansion (0.5mi), $7B United Center Expansion (2mi), and Grand/Chicago Ave commercial upgrades (0.3mi). A commuter's dream with effortless access to the city and suburbs: 5-min walk to CTA train, 2-min walk to bus, 0.4 mi to I-90, and 1.2 mi to I-290. Minutes from world-class Michelin-starred dining, trendy cocktail lounges, vibrant nightlife, and premier sports hubs. Walking distance to reputed Noble Charter Golder College Prep school.

Location

State IL

County Cook

Area Chi - West Town

Zoning MULTI

Rooms

Basement Finished, Full, Walk-Out Access

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Brick,Block, No

Sewer Public Sewer

Water Public

Structure Type Brick,Block

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Satyanarayan Teeparti of Keller Williams Infinity

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(773) 474-8497

catalin@crosstownrealtors.com

Chicago, IL 60646, USA

1214 W Ohio ST Chicago, IL 60642