3142 West 16th Street, Chicago, IL

$650,000

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11

Beds

5

Baths

About 3142 West 16th Street

Rare opportunity to buy a five unit, investment property that is full occupied. This three unit building, with a two unit coach house, was fully rehabbed (electrical, plumbing and HVAC) in 2023. The main building has a 2bd/1ba garden unit, 3bd/1ba first floor unit and a 4bd/1ba penthouse. The coach house has two units, a 2bd/1ba upstairs and a studio on the ground level. The seller does not know of the legal status of the studio unit. Each unit has a mixture of hardwood and tile flooring throughout the living spaces, stainless steel appliances in the main building kitchens and laundry hookups in two units, also in the main building. The building has a new roof, new windows and tuckpointing. Tenants pay a total of $6,650 in rent each month. Start earning money on your first day as a landlord.

Features of 3142 West 16th Street

MLS® # 12027533
Price $650,000
Bedrooms 11
Bathrooms 5.00
Acres 0.00
Year Built 1900
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 3142 West 16th Street
Area CHI - North Lawndale
City Chicago
County Cook
State IL
Zip Code 60623

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement None

Exterior

Exterior Block

School Information

District 299

Additional Information

Days on Market 39
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeWestward 360

Listing Map

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