1542 W Chestnut Street
Chicago, IL, 60642
$1,175,000
Beds
0 Baths
0 SqFt
0 Acres
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$1,175,000
1542 W Chestnut Street
Chicago, IL, 60642
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THEE Quintessential Turn Key Investment at 1542 West Chestnut Street, Chicago Illinois 60642! | Nestled between the Wicker Park & River West Neighborhoods | This Multi-Family Property within Two Well-Kept Buildings in HOT WEST TOWN has a Total of 5 Units designed with (3) Two Bedrooms / One Bathroom and (2) One Bedroom / One Bathroom Apartments with Hardwood Floored Living Areas and Carpeted Bedrooms | Each Apartment has Individual GFA Heating Systems | Commodious & Money Making Floor Plans | Roomy Private Decks/Space for each Apartment | Coin-Operated Common Area Laundry Facility | Tenants responsible for Gas (Heat & Cooking) & Electricity. LOW OPERATING EXPENSES | FULLY LEASED/Occupied with Solid Leases | Separate Water Heaters and GFA Heating Systems for Each Apartment | The Front Building’s Apartments are equipped with Central A/C Units | Wall A/C Units provide ample cooling for the Coach House Residents | Well-Maintained & Professionally Self-Managed throughout its ownership.

Property Details

Price:
$1,175,000
MLS #:
MRD12433504
Status:
Active
Beds:
0
Baths:
0
Address:
1542 W Chestnut Street
Type:
Commercial
Neighborhood:
CHI – West Town
City:
Chicago
Listed Date:
Aug 20, 2025
State:
IL
Total Sq Ft:
3,600
ZIP:
60642
Year Built:
1878

Schools

Interior

Cooling
Central Air, Central Individual, Window Unit(s)

Exterior

Construction Materials
Wood, Vinyl Siding
Roof
Composition

Financial

HOA Includes
None
Maintenance Fee
$4,633
Net Operating Income
$62,524
Tax Year
2023
Taxes
$17,723
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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1542 W Chestnut Street
Chicago, IL