There are multiple listings for this address:
1616 N WESTERN Avenue
Chicago, IL, 60647
$4,350,000
Beds
0 Baths
0 SqFt
0 Acres
Add
Add
$4,350,000
1616 N WESTERN Avenue
Chicago, IL, 60647
MLS #MRD12087705 img 0
Introducing a prime investment opportunity in Bucktown, this newer 10-unit building is a testament to modern luxury and urban convenience. Each extra-wide condo-quality apartment boasts high ceilings, balconies, hardwood floors, granite countertops, and 42-inch cabinets with stainless steel appliances, creating a sophisticated living experience. Oversized windows flood each unit with natural light, enhancing the spacious rooms and elegant interiors. The building includes eight storage units and nine attached garage spots, ensuring ample convenience for residents. Currently, the property is fully occupied with long-term, high-quality tenants, offering stability and immediate rental income. There is significant potential to increase rental rates, supported by the upscale design and desirable location. Featuring eight upscale residential units and two commercial spaces, each with separate tax IDs, this property offers versatility and investment security. Situated near the Blue Line and Western Avenue CTA stop, residents enjoy easy transit access, while the vibrant neighborhood boasts trendy restaurants, fashionable boutiques, art galleries, and music venues, enriching the local lifestyle and attracting a dynamic tenant base.

Property Details

Price:
$4,350,000
MLS #:
MRD12087705
Status:
Active
Beds:
0
Baths:
0
Address:
1616 N WESTERN Avenue
Type:
Commercial
Subtype:
Apts/Stores
Neighborhood:
CHI – West Town
City:
Chicago
Listed Date:
Jun 19, 2024
State:
IL
Total Sq Ft:
18,516
ZIP:
60647
Year Built:
2003

Schools

Interior

Cooling
Central Air
Fireplaces Total
8

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$276,214
Tax Year
2022
Taxes
$48,684
Need more info?
Ask a Question
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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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1616 N WESTERN Avenue
Chicago, IL
1616 N WESTERN Avenue
Chicago, IL, 60647
$4,350,000
Beds
0 Baths
0 SqFt
0 Acres
Add
Add
$4,350,000
1616 N WESTERN Avenue
Chicago, IL, 60647
MLS #MRD12089455 img 0
Introducing a prime investment opportunity in Bucktown, this newer 10-unit building is a testament to modern luxury and urban convenience. Each extra-wide condo-quality apartment boasts high ceilings, balconies, hardwood floors, granite countertops, and 42-inch cabinets with stainless steel appliances, creating a sophisticated living experience. Oversized windows flood each unit with natural light, enhancing the spacious rooms and elegant interiors. The building includes eight storage units and nine attached garage spots, ensuring ample convenience for residents. Currently, the property is fully occupied with long-term, high-quality tenants, offering stability and immediate rental income. There is significant potential to increase rental rates, supported by the upscale design and desirable location. Featuring eight upscale residential units and two commercial spaces, each with separate tax IDs, this property offers versatility and investment security. Situated near the Blue Line and Western Avenue CTA stop, residents enjoy easy transit access, while the vibrant neighborhood boasts trendy restaurants, fashionable boutiques, art galleries, and music venues, enriching the local lifestyle and attracting a dynamic tenant base.

Property Details

Price:
$4,350,000
MLS #:
MRD12089455
Status:
Active
Beds:
0
Baths:
0
Address:
1616 N WESTERN Avenue
Type:
Commercial
Subtype:
Apts/Stores
Neighborhood:
CHI – West Town
City:
Chicago
Listed Date:
Jun 20, 2024
State:
IL
Total Sq Ft:
18,516
ZIP:
60647
Year Built:
2003

Schools

Interior

Cooling
Central Air
Fireplaces Total
8

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$276,214
Tax Year
2022
Taxes
$48,684
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Similar Listings Nearby

1616 N WESTERN Avenue
Chicago, IL, 60647
$4,350,000
Beds
0 Baths
18,516 SqFt
0 Acres
Add
Add
$4,350,000
1616 N WESTERN Avenue
Chicago, IL, 60647
MLS #MRD12089477 img 0
Introducing a prime investment opportunity in Bucktown, this newer 10-unit building is a testament to modern luxury and urban convenience. Each extra-wide condo-quality apartment boasts high ceilings, balconies, hardwood floors, granite countertops, and 42-inch cabinets with stainless steel appliances, creating a sophisticated living experience. Oversized windows flood each unit with natural light, enhancing the spacious rooms and elegant interiors. The building includes eight storage units and nine attached garage spots, ensuring ample convenience for residents. Currently, the property is fully occupied with long-term, high-quality tenants, offering stability and immediate rental income. There is significant potential to increase rental rates, supported by the upscale design and desirable location. Featuring eight upscale residential units and two commercial spaces, each with separate tax IDs, this property offers versatility and investment security. Situated near the Blue Line and Western Avenue CTA stop, residents enjoy easy transit access, while the vibrant neighborhood boasts trendy restaurants, fashionable boutiques, art galleries, and music venues, enriching the local lifestyle and attracting a dynamic tenant base.

Property Details

Price:
$4,350,000
MLS #:
MRD12089477
Status:
Active
Beds:
0
Baths:
0
Address:
1616 N WESTERN Avenue
Type:
Commercial
Subtype:
Apts/Stores
Neighborhood:
CHI – West Town
City:
Chicago
Listed Date:
Jun 20, 2024
State:
IL
Finished Sq Ft:
18,516
Total Sq Ft:
18,516
ZIP:
60647
Year Built:
2003

Schools

Interior

Cooling
Central Air
Fireplaces Total
8

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$276,214
Tax Year
2022
Taxes
$48,684
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Similar Listings Nearby