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1825 W 17th Street, Chicago, IL 60608

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Listing Type
commercial/industrial
Listing Status
active
Explore Chicago, IL
25
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Transportation
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$649,000

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Home Details for 1825 W 17th Street

Price
$649,000
Type
commercial/industrial
Year Build
1920
County
Cook
Tax
$3,848.35
MLS Listing#
11464798
On exitrealty.com
32 days

Property Description

Only 5 Unit Under 700k On Market In Pilsen and only has closed under 700k in a year. Priced to go - all furnaces done, roofs newer, kitchens and baths rental quality upgraded already. This is a great pickup for someone with management skill and willing to do a few cleanup items and crank it to a Hi cap rate. This is it. Excellent location near pink line stop at 18th. Current rents well below market. Max market gross rent is approximately $6800 after six months of management and small improvements. 2 Buildings. Front building has 4 units: two small 2 bed units and two 1 bed unit. 3 Occupied and 2 vacant. The 3 units occupied have long term tenants on month to months leases well below market. Common laundry room setup in back coachhouse basement. Rear building coach house is duplexed for fourth bedroom. Coach house is on grade(not basement) . Attic for possible expansion. c1-2 zoning allows for various options. The upper level is 3 beds 2 baths. There is possible room for a parking space with a gravel infill in back. Also possible duplexing possible in future in front attic and back coach. Needs TLC but large items upgraded: 4 Forced air furnaces, Newer Kitchen cabinetry, various mechanical updates, roofs less than 10 years old.
EXIT REALTY AT HOME
1622 South Blue Island Avenue, Chicago, IL 60608
$649,000

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EXIT REALTY AT HOME
1622 South Blue Island Avenue, Chicago, IL 60608