Under contract
Contingent
1335 W Taylor Street
Chicago IL, 60607
$2,690,000
$356.76 per sqft
Under contract
Contingent
7,540 sqft
Other
Built in 2019
Courtesy of Kale Realty
TURNKEY investment with desirable unit-mix and modern in-unit amenities and luxury finishes including in-unit laundry, granite counter tops, individual HVAC, private balcony access, etc. OWNER-OCCUPANT READY with one of the residential units being held vacant, ready to lease or move-in ready shall an investor looking to "House Hack". ANCHOR NATIONAL TENANT with Insomnia Cookies on a freshly-inked, 10-year net lease producing stable, long-term cashflow including 3% annual increases providing inflation hedge and valuable expense coverage. ASSUMABLE DEBT in-place through 1/1/2025 for new investors to step into a better-than-market 4.25% interest rate and 25yr amort. producing superior cash-on-cash returns. Assume loan for $1,650,619 (as of publication). relative to what is achievable in todays debt markets. DESIRABLE INFILL LOCATION along the historic Taylor Street presenting a vibrant, true work-live-play neighborhood just steps from classic neighborhood establishments and benefiting from its proximity to premier higher education and top-ranking medical facilities, public transit, and advantageous demographics.
11903538
MLSⓇ ID
October 7, 2023
Listed
February 24, 2025
Updated
Interior Features
Total Stories
4
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.06 Acres
Other Property Details
Area Name
CHI - Near West Side
Taxes
$22,519
Tax Frequency
Annually
Days on Market
155
Garage
No
View
No
County
Cook
Pool
No
Listing History
Date | Event | Price |
---|---|---|
3/10/2024 | Under contract | — |
Courtesy of Kale Realty, Ryan Wewerka,
Listing Contact: 425-283-2183
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