3142 W 16th Street
Chicago, IL, 60623
$650,000
11 Beds
5 Baths
SqFt
0 Acres
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$650,000
3142 W 16th Street
Chicago, IL, 60623
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Rare opportunity to buy a five unit, investment property that is full occupied. This three unit building, with a two unit coach house, was fully rehabbed (electrical, plumbing and HVAC) in 2023. The main building has a 2bd/1ba garden unit, 3bd/1ba first floor unit and a 4bd/1ba penthouse. The coach house has two units, a 2bd/1ba upstairs and a studio on the ground level. The seller does not know of the legal status of the studio unit. Each unit has a mixture of hardwood and tile flooring throughout the living spaces, stainless steel appliances in the main building kitchens and laundry hookups in two units, also in the main building. The building has a new roof, new windows and tuckpointing. Tenants pay a total of $6,650 in rent each month. Start earning money on your first day as a landlord.

Property Details

Price:
$650,000
MLS #:
MRD12027533
Status:
Active
Beds:
11
Baths:
5
Address:
3142 W 16th Street
Type:
Multi Family
City:
Chicago
Listed Date:
Apr 11, 2024
State:
IL
ZIP:
60623
Year Built:
1900

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Financial

Buyer Agent Compensation
% CALL OR TEXT LISTING AGENT.% of Net Sale Price
Tax Year
2021
Taxes
$3,329
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Debra Dobbs

Debra Dobbs

Realtor®

Phone 312 307-4909

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

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Courtesy of Westward 360. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Chicago, IL. All rights reserved.
Rover IDX
3142 W 16th Street
Chicago, IL