1826 West 17th StreetChicago, IL 60608Price: $1,315,000

  • Price: $1,315,000
  • 22 Days on Market
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Federal 30-year interest rate: 5.81% last updated on Jun 23, 2022
* 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.
  • 1895Year Built

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Amazing units with long-term tenants and below-market rents. While current income is strong, there is significant room to increase rents with little to no work. 7-unit loft apartment building located in Chicago's sought-after Pilsen neighborhood, steps away from 18th St., the main retail corridor, featuring endless restaurants, bars and entertainment options. The Subject Property was gut-rehabbed in 2005 and benefits from an extensive list of capital improvements. The spacious, loft-style units feature unique elements such as polished concrete floors, exposed brick, high ceilings, large bedrooms, and central heat and air conditioning. The property also includes a two-car garage with a sizable common rooftop deck above. A new owner may increase rents significantly by making only light cosmetic updates to the kitchens and bathrooms and installing in-unit laundry. Building Facts: Central Heat | Air Conditioning | New 400 AMP Service | All New Wiring | Individual Hot Water Tanks In Units | All Copper Plumbing| Vinyl Sound Insulated Windows | Floors Polished Concrete | 12 Year Tear-Off Year (Approximate) | Coin Laundry Hook-Ups in4F | Common Rooftop Deck Above Garage | Intercom Dial System

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Listed by Nicholas Apostal of Keller Williams ONEChicago

Based on information submitted to MRED  as of June 28, 2022 . 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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