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Property Description

This 2009-built property features a duplex down 3-bed, 3.5-bath unit on the 1st floor, boasting 2,300 SF with two ensuite bedrooms, a family/rec room, and two fireplaces. The 2nd and 3rd floors each offer 1,200 SF units with 2 beds and 2 baths, including one ensuite bedroom. Each unit has a fireplace, hardwood floors, laundry, granite countertops, marble floor-to-ceiling tiled baths, in-unit washer and dryer, HVAC, hot water heater, and a rear deck. The building is fully rented, generating an annual rental income of $94,800. Located off 18th and Loomis, this solid investment comes with a 3-car tandem parking space that can fit a total of 6 cars for additional rental income. Enjoy the vibrant neighborhood with Thalia Hall, restaurants, cafes, bars, and grocery stores within walking distance. Convenient access to transportation with the Pink Line at Paulina, Blue Island bus, Metra at Halsted, and highways 90-94, I290, and I55. Don't miss out on this prime investment opportunity in Pilsen!

Overview

Property Status
Sold
Date Sold
September 30, 2024
MLS ID
12118777
Property Type
Multi-Family
Year Built
2009

Features & Amenities

Neighborhood
Pilsen
Architecture Styles
Other
Water Source
Lake Michigan, Public
Roof
Rubber
Parking
Assigned, Unassigned, Off Alley, Off Street, Driveway
Heat Type
Natural Gas, Electric, Forced Air
Sewer
Public Sewer
Substructure
Concrete Perimeter
Other Exterior Features
Balcony, Deck, Patio, Porch, Storms/Screens
Elementary School
Pilsen Elementary School Communi
Middle School
Pilsen Elementary School Communi
High School
Juarez High School
School District
299
Sales Price
$1,040,000
Real Estate Tax
$15,402/yr
Zoning
MULTI

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1427 W 17th Street

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for your interest in 1427 W 17th Street, Chicago, IL 60608

1427 W 17th Street
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A center of Mexican-American culture with landmark murals, the National Museum of Mexican Art, and distinctive historic housing.

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