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About the Listing 86995 - 186365
Turn-Key 4-Unit in East Pilsen | Fully Renovated | Prime Location! Rare opportunity to own a fully gut-renovated (2017) 4-unit income property in sought-after East Pilsen-a neighborhood known for its art, culture, and proximity to everything. Just steps from new condo developments and walkable to restaurants, galleries, shopping, nightlife, and Downtown/West Loop. All one-bedroom units feature stainless steel appliances (stove, microwave, refrigerator, dishwasher), central heat and air, in-unit washer/dryer, a shared backyard common area, and the building is secured by a 24-hour security system. Each unit has a private storage space in the basement, and parking spaces are available at an additional cost $50/mo. The building is fully separately metered, with tenants paying their own gas and electric. Owner just pays water! Updated systems, curated long-term tenants, and no deferred maintenance. Ideal for 1031 exchange, owner-occupant, or investor seeking a stabilized, headache-free asset with appreciation upside. Clean financials. A fully renovated, stabilized asset offering consistent income today and long-term upside in the heart of dynamic East Pilsen. Pre-approval or proof of funds required to schedule a viewing.
Listing Highlights for 1001 W 16th St
Status
Active
Days on Site
66
Property Type
Multi-Family
MLS ®
12461258
Year Built
Total Square Footage
0
Lot/Acreage
22 X 100
County
Cook
School District
299
Elementary School
Jungman Elementary School
Middle School
Jungman Elementary School
High School
Juarez High School
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air,Sep Heating Systems - 2+,Indv Controls
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Full,Daylight
- Other:
- Water: Lake Michigan,Public
Exterior Details
- Lot Description: Common Grounds,Corner Lot
- Garage Capacity: N/A
- Parking Spaces: 3
- Lot Dimensions: 22 X 100
- Zoning: MULTI
- Roof: Flat
- Others:
- Sewer: Public Sewer
- Parking Features: Off Alley,Yes,Owned
Financial Details
- Tax Amount: $12,026
- Taxes w/Assessments: N/A
- Tax/Property ID: 17204030320000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Years
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Listing Location
Questions About..
1001 W 16th St Chicago, IL 60608
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