1427 W 17th Street
Chicago, IL 60608

Status: Sold
Multi Family
7 beds
0 baths
0 sq.ft
Listing Price: $1,099,900
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About this home

This 2009-built property features a duplex down 3-bed, 3.5-bath unit on the 1st floor, boasting 2, 300 SF with two ensuite bedrooms, a family/rec room, and two fireplaces. The 2nd and 3rd floors each offer 1, 200 SF units with 2 beds and 2 baths, including one ensuite bedroom. Each unit has a fireplace, hardwood floors, laundry, granite countertops, marble floor-to-ceiling tiled baths, in-unit washer and dryer, HVAC, hot water heater, and a rear deck. The building is fully rented, generating an annual rental income of $94, 800. Located off 18th and Loomis, this solid investment comes with a 3-car tandem parking space that can fit a total of 6 cars for additional rental income. Enjoy the vibrant neighborhood with Thalia Hall, restaurants, cafes, bars, and grocery stores within walking distance. Convenient access to transportation with the Pink Line at Paulina, Blue Island bus, Metra at Halsted, and highways 90-94, I290, and I55. Don't miss out on this prime investment opportunity in Pilsen!

Property details

Interior Features
Additional Rooms Utility Room-Lower Level
Basement Description Finished
Bath Amenities Whirlpool, Separate Shower, Double Sink, Soaking Tub
Basement Full
Bedrooms Count 7
Bedrooms Possible 7
Baths Count 8
Full Baths in Building Count 7
Half Baths in Building Count 1
Total Rooms 17
Units
unit 1
Beds Total 3
Baths Total 4
Actual Rent 3200
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Artificial, Fireplace-Gas, Laundry Hook-Up, Hardwood Floors, Walk-In Closet
Full Baths Total 3
Half Baths Total 1
Lease Expiration Date 06/25
Rooms Total 7
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 1
Square Feet 2300
unit 2
Beds Total 2
Baths Total 2
Actual Rent 2200
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Artificial, Fireplace-Gas, Laundry Hook-Up, Hardwood Floors, Walk-In Closet
Full Baths Total 2
Lease Expiration Date 04/25
Rooms Total 5
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 2
Square Feet 1200
unit 3
Beds Total 2
Baths Total 2
Actual Rent 2250
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Artificial, Fireplace-Gas, Laundry Hook-Up, Hardwood Floors, Walk-In Closet
Full Baths Total 2
Lease Expiration Date 05/25
Rooms Total 5
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 3
Square Feet 1200
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 11-15 Years
3 Bedroom Unit in Building Yes
Approx Year Built 2009
Parking Total 3
Exterior Building Type Brick,Block
Exterior Property Features Balcony, Deck, Patio, Porch, Storms/Screens
Foundation Concrete Perimeter
Parking Features Assigned, Unassigned, Off Alley, Off Street, Driveway
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Roof Type Rubber
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Sidewalks, Street Lights, Street Paved, Other
Area Major CHI - Lower West Side
Zoning Type MULTI
Corporate Limits Chicago
Directions Ashland to 17th near the heart of Pilsens Blue Island 18th intersection
Equipment Ceiling Fan(s), Sump Pump
Elementary School Pilsen Elementary School Communi
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Electric, Forced Air
High Sch Juarez High School
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle School Pilsen Elementary School Communi
Jr High/Middle Dist 299
Township Hyde Park
Property / Lot Details
Lot Dimensions 24 X 125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Style of House Other
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

ElectricExpense 228
Electric Expense Source Owner Projection
Financing Conventional
Gross Rental Income $94,800
Insurance Expense $4,743
Insurance Expense Source Actual
Net Oper Income $68,398
Investment Profile Residential Income
Water Expense $4,928

Tax/Assessments/Liens

PIN 17203030140000
Special Assessments N
Taxes $15,402
Tax Exemptions None
Tax Year 2023
$1,099,900 Listing Price:
MLS # 12118777
Investment Profile Residential Income
Listing Market Time 63 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Space/s
List Date 07/29/2024
Year Built 2009
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