1335 West Taylor StreetChicago, IL 60607Price: $2,690,000

  • Price: $2,690,000
  • 137 Days on Market
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Federal 30-year interest rate: 6.77% last updated on Feb 15, 2024
* 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.
  • 7,540Square Feet
  • 2019Year Built

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TURNKEY investment with desirable unit-mix and modern in-unit amenities and luxury finishes including in-unit laundry, granite counter tops, individual HVAC, private balcony access, etc. OWNER-OCCUPANT READY with one of the residential units being held vacant, ready to lease or move-in ready shall an investor looking to "House Hack". ANCHOR NATIONAL TENANT with Insomnia Cookies on a freshly-inked, 10-year net lease producing stable, long-term cashflow including 3% annual increases providing inflation hedge and valuable expense coverage. ASSUMABLE DEBT in-place through 1/1/2025 for new investors to step into a better-than-market 4.25% interest rate and 25yr amort. producing superior cash-on-cash returns. Assume loan for $1,650,619 (as of publication). relative to what is achievable in todays debt markets. DESIRABLE INFILL LOCATION along the historic Taylor Street presenting a vibrant, true work-live-play neighborhood just steps from classic neighborhood establishments and benefiting from its proximity to premier higher education and top-ranking medical facilities, public transit, and advantageous demographics.

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Listed by Ryan Wewerka of Kale Realty

Based on information submitted to MRED  as of February 21, 2024 . 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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