1335 W Taylor Street
Chicago, IL, 60607
$2,690,000
Beds
0 Baths
7,540 SqFt
0 Acres
$2,690,000
1335 W Taylor Street
Chicago, IL, 60607
MLS #MRD11903538 img 0MLS #MRD11903538 img 1MLS #MRD11903538 img 2MLS #MRD11903538 img 3MLS #MRD11903538 img 4MLS #MRD11903538 img 5MLS #MRD11903538 img 6MLS #MRD11903538 img 7MLS #MRD11903538 img 8MLS #MRD11903538 img 9MLS #MRD11903538 img 10MLS #MRD11903538 img 11
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.

Property Details

Price:
$2,690,000
MLS #:
MRD11903538
Status:
Active
Beds:
0
Baths:
0
Address:
1335 W Taylor Street
Type:
Commercial
Subtype:
Apts/Stores
City:
Chicago
Listed Date:
Oct 7, 2023
State:
IL
Finished Sq Ft:
7,540
ZIP:
60607
Subdivision:
Lot Size:
Year Built:
2019

Schools

Interior

Cooling
Central Air

Exterior

Financial

Buyer Agent Compensation
AS A PERCENTAGE OF THE NET SALE PRICE. THE NET SALE PRICE IS THE GROSS SALE PRICE MINUS AMOUNTS TO BE CREDITED OR PAID TO THE BUYER, AS REFLECTED IN THE INITIAL SALES CONTRACT. FOR COMMERCIAL LEASE PROPERTIES, NET COMPENSATION MAY BE PAID ON NEGOTIATED VARIABLES AS INDICATED IN THE COMPENSATION/COMMISSION AGREEMENT.Net Sale Price
Net Operating Income
$169,903
Tax Year
2021
Taxes
$22,519
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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1335 W Taylor Street
Chicago, IL