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About the Listing 12604 - 128522
This well-kept four-unit brick turnkey performer in West Pullman offers fresh appeal for both owner-occupants and investors. All units received full renovations in 2023, delivering modern two-bedroom, one-bath layouts with white shaker cabinets, quartz counters, and all new appliances. Three units currently rent for a combined $3,400 monthly gross income, with tenants handling heat, electric, and gas. The fourth unit remains vacant, ideal for an owner-occupant to move in and offset costs with rental income from the others, or to lease for stronger cash flow. The setup fully rented delivers a solid 10 cap rate on today's numbers, and with local two-bedroom rents averaging around $1,400-$1,550 recently, there's clear potential to increase as leases renew. On-site coin laundry provides steady extra income with minimal effort. With Metra access, nearby parks and the upcoming addition of a Hampton by Hilton hotel to local anchors, Chik-Fil-A, Gotham Greens, Method, Amazon and other national chains, West Pullman offers a mix of affordability and upside with ongoing interest and rising values.
Listing Highlights
Status
Active
Days on Site
0
Property Type
Multi-Family
MLS ®
12572951
Year Built
Total Square Footage
0
Lot/Acreage
25 X 125
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances: TV-Cable,Ceiling Fan(s)
- Air Cond:
- Heating: Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Crawl Space
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 25 X 125
- Zoning: MULTI
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $2,659
- Taxes w/Assessments: N/A
- Tax/Property ID: 25223180170000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Questions About..
16 E 118th Pl Chicago, IL 60628
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