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3142 W 16th Street, Chicago IL, 60623

(Active)

$650,000

11 beds, 5 baths

MLS# 12027533

Last Updated: 5/4/2024 1:37 AM

Description for 3142 W 16th Street Chicago, IL 60623

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

Price: $650,000

County: Cook

Beds: 11

Baths: 5

MLS#: 12027533

Status: Active

Description

Listing Information

Property Type: Multi-Family, Other
Bedrooms:11	Bathrooms:5
Total Rooms:24	Year Built:1900	Construction:Block

Town/Range/Sec:West Chicago//

Neighborhood

Room Information

Interior Features

Heating: Gas Heat

Basement:None

Exterior / Lot Features

Exterior:Block

Lot Dimensions:0

Driving Directions

Ogden Ave south to Albany Ave. North to 16th Street.

Financial Considerations

Tax/Property ID: 16241060230000

Tax Amount: $3,329

Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60623 has a population of 2,781,445.

The median household income in Chicago, Illinois 60623 is $35,241. The median household income for the surrounding county is $68,916 compared to the national median of $66,222. The median age of people living in Chicago 60623 is 38 years.

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Courtesy: Westward 360

This content last refreshed on 5/4/2024 1:37 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Information is deemed reliable but is not guaranteed.

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