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$ 1,250,000
Est. payment /mo
Active Under Contract
1140 W Taylor Street Chicago, IL 60607
UPDATED:
11/18/2024 11:43 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 11869114
Year Built 1893
Annual Tax Amount $14,608
Tax Year 2023
Lot Dimensions 25 X 120
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.
Location
State IL
County Cook
Interior
Cooling Central Individual
Fireplace N
Exterior
View Y/N true
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Listed by Michael Galvan • Baird & Warner