1825 West 17th StreetChicago, IL 60608Price: $649,900

  • Price: $649,900
  • 31 Days on Market
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Federal 30-year interest rate: 5.22% last updated on Aug 11, 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.
  • 1920Year Built

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Only 5 Unit Under 700k On Market In Pilsen and only has closed under 700k in a year. Priced to go - all furnaces done, roofs newer, kitchens and baths rental quality upgraded already. This is a great pickup for someone with management skill and willing to do a few cleanup items and crank it to a Hi cap rate. This is it. Excellent location near pink line stop at 18th. Current rents well below market. Max market gross rent is approximately $6800 after six months of management and small improvements. 2 Buildings. Front building has 4 units: two small 2 bed units and two 1 bed unit. 3 Occupied and 2 vacant. The 3 units occupied have long term tenants on month to months leases well below market. Common laundry room setup in back coachhouse basement. Rear building coach house is duplexed for fourth bedroom. Coach house is on grade(not basement) . Attic for possible expansion. c1-2 zoning allows for various options. The upper level is 3 beds 2 baths. There is possible room for a parking space with a gravel infill in back. Also possible duplexing possible in future in front attic and back coach. Needs TLC but large items upgraded: 4 Forced air furnaces, Newer Kitchen cabinetry, various mechanical updates, roofs less than 10 years old.

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Listed by Phillip Buoscio of Better Living Realty

Based on information submitted to MRED  as of August 11, 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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