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 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Armando Chacon Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 2/24/2025. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2025 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 4:22 PM UTC, 2/24/2025

 

 

Powered byLuxury Presence