$749,000
816 S Leavitt Street
Chicago, IL, 60612
Welcome to 816 S Leavitt St., currently zoned by city of Chicago planning department as a 3 unit building. HOT Tri-taylor area, historical Medical Center District. This property presents a unique opportunity for both investors and developers looking to capitalize on its excellent location and potential for expansion. The main building boasts a variety of features that make it an attractive investment. Recently updated, turn key for airbnb. new furnace, newer kitchens and bathrooms. The property’s prime location in the historical Medical Center offers a wealth of advantages. With its proximity to the highway, commuting becomes a breeze, allowing for convenient travel to surrounding areas. The Medical Center itself holds historical significance, imbuing the neighborhood with a rich cultural heritage and an attractive ambiance. This coveted locale is known for its charming streets, unique architecture, and vibrant community and many parks nearby.this expansion potential allows for increased rental income or the option to occupy one unit while generating rental revenue from the others. Such flexibility makes this property a versatile and lucrative investment opportunity. Investing in this area is particularly enticing due to its reputation as a great rental area. The demand for rental properties remains high, ensuring a consistent stream of potential tenants seeking accommodation. exciting longterm future developments by United center and nearby gateway projects make the area extrememly attractive, this property offers both immediate returns and long-term investment value. Secure your stake in this prime real estate opportunity today.
Property Details
Price:
$749,000
MLS #:
MRD12315681
Status:
Active
Beds:
5
Baths:
3
Address:
816 S Leavitt Street
Type:
Multi Family
Neighborhood:
CHI – Near West Side
City:
Chicago
Listed Date:
Mar 18, 2025
State:
IL
ZIP:
60612
Year Built:
1885
Schools
School District:
299
Elementary School:
Irving Elementary School
Middle School:
Irving Elementary School
High School:
Manley Career Academy High Schoo
Interior
Heating
Natural Gas
Exterior
Construction Materials
Brick
Parking Features
On Site, Garage Owned, Detached, Garage
Parking Spots
2
Financial
Tax Year
2023
Taxes
$8,475
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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816 S Leavitt Street
Chicago, IL
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