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Summary

  • For Sale    170,258,752 JPY (Off Market)
  • 1152 W Taylor Street, Chicago IL 60607
  • Build Size: 634.34 m2
  • Property Type: Commercial

Property Description

Incredible income opportunity in PRIME Little Italy location. This mixed use property sits at a 7% cap rate, higher than many comparable sales. Fully rented with incredible tenants in the four residential units on the 2nd and 3rd levels and new coffee shop on the first floor. Approximately 2300 square feet in the commercial space and all equipment belongs to the current owner and is INCLUDED in the asking price (about $150k worth of equipment). 2nd floor offers TWO residential rentals (a 2 bed, 1 bath and a 1 bed,1 bath), and the 3rd floor offers the third and fourth residential rentals (also a 2 bed, 1 bath, and a 1 bed, 1 bath). Third floor 1 bed unit is furnished by owner and sold with property (ready for short term rental or Airbnb ideas). Many updates throughout all 4 residential units including IN-UNIT washer/dryer in all 4 + central HVAC! Each unit also comes with private outdoor space and top floor units have incredible skyline views. Steps to University of Illinois Chicago, shops, restaurants, cafes and parks. Minutes to Fulton market, downtown Chicago and much more! Perfect location for your next investment!!

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Tabitha  Murphy
Tabitha Murphy Chicago