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1140 W Taylor Street

Chicago, IL 60607
  • $1,250,000
  • STATUS: Active
  • ON SITE: 349 Days
  • MLS #: 11869114
Price Reduced
UPDATED: 19 min ago
$1,250,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1893
County:
Area:

School Ratings & Info

Description

Updated 3 flat building with student tenants under lease through 7/31/25. 8 total bedrooms with the second and third floors each having 4 bedrooms and 2 full bathrooms. 2nd generation restaurant located in the commercial space on the first floor. Type 1 hood and black iron currently in place. See Offering Memorandum under additional documents. These units stay occupied due to high demand for student housing in this neighborhood with the University of Illinois at Chicago campus so close and this property has excellent proximity to downtown Chicago and the Lakefront. This is an excellent cash flowing opportunity and value add property. The commercial space is also available for lease.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2024-09-19T08:01:08.04 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1140 W Taylor Street Chicago, IL 60607

  • Price: $1,250,000
  • Status: Active
  • On Site: 349 Days
  • Updated: 19 min ago
  • MLS #: 11869114
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1893
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Updated 3 flat building with student tenants under lease through 7/31/25. 8 total bedrooms with the second and third floors each having 4 bedrooms and 2 full bathrooms. 2nd generation restaurant located in the commercial space on the first floor. Type 1 hood and black iron currently in place. See Offering Memorandum under additional documents. These units stay occupied due to high demand for student housing in this neighborhood with the University of Illinois at Chicago campus so close and this property has excellent proximity to downtown Chicago and the Lakefront. This is an excellent cash flowing opportunity and value add property. The commercial space is also available for lease.
Interior Features

Cooling Central Individual Heat Ventilation Central Heat/Indiv Controls

Property Features

Additional Parcels YN No Approximate Age New Rehab Built Before1978 YN Yes Electric Circuit Breakers Fire Protection Fire Extinguisher/s Geographic Locale Chicago West Gross Income 141432 Gross Scheduled Income 141432 Insurance Expense 2000 Mls Actual Status Price Change Number Of Tenants 9 Property Sub Type Mixed Use Rental Price 30 Tax Annual Amount 14608 Tax Year 2023 Tenant Pays Other Total Monthly Income 11786 Township West Chicago Type Mixed Use

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Baird & Warner: 708-460-1400.


© 2024 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2024-09-19T08:01:08.04 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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