1152 West Taylor StreetChicago, IL 60607Price: $1,500,000

  • Price: $1,500,000
  • 52 Days on Market
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Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 6,828Square Feet
  • 1893Year Built

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Incredible income opportunity in PRIME Little Italy location. This mixed use property sits at a 7% cap rate, higher than many comparable sales. Fully rented with incredible tenants in the four residential units on the 2nd and 3rd levels and new coffee shop on the first floor. Approximately 2300 square feet in the commercial space and all equipment belongs to the current owner and is INCLUDED in the asking price (about $150k worth of equipment). 2nd floor offers TWO residential rentals (a 2 bed, 1 bath and a 1 bed,1 bath), and the 3rd floor offers the third and fourth residential rentals (also a 2 bed, 1 bath, and a 1 bed, 1 bath). Third floor 1 bed unit is furnished by owner and sold with property (ready for short term rental or Airbnb ideas). Many updates throughout all 4 residential units including IN-UNIT washer/dryer in all 4 + central HVAC! Each unit also comes with private outdoor space and top floor units have incredible skyline views. Steps to University of Illinois Chicago, shops, restaurants, cafes and parks. Minutes to Fulton market, downtown Chicago and much more! Perfect location for your next investment!!

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Listed by Tabitha Murphy and Richard DiVito of Berkshire Hathaway HomeServices Chicago

Based on information submitted to MRED  as of October 17, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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