2244 West Taylor, Chicago IL 60612
$825,000

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Property Description

Fantastic investment opportunity w/ this high-quality 3-flat (built by Senan Nugent) in the heart of the Tri-Taylor area. Well maintained, ALL-BRICK building w/ incredible appreciation potential, due to its close proximity to the Illinois Medical District, West Loop, United Center, downtown Chicago, highways and public transportation. Unit 1 (middle floor) and unit 2 (top floor) each have 3BD, 1.5BA, 1,200 sqft. Unit G (garden apt) has 2BD, 1BA, 900 sqft. Unit 1 recently remodeled w/ new kitchen, baths, new wood laminate flooring throughout. Kitchen includes new cabinets, quartz countertops, new sink/faucet and all new SS appliances. Estimated rental value is $2600/mo, but this unit is currently vacant to facilitate the sale. New owner has option to move in, or rent out all three units. Unit 2 is rented for $2274/mo. thru July 2025. Unit G is rented for $1993/mo. thru August 2025. Each unit is equipped with central heat and A/C. All units have front and back entrances, and separate gas and electric meters. Tenants pay all utilities, except water/sewer. Shared coin-laundry room behind unit G, with access via rear, ground-level door. The property also includes space for two (2) off-street parking spots in back of bldg--an addntl source of income if utilized. The Tri-Taylor area enjoys fast turnaround on rentals, low vacancy rates and excellent rents due to its prime location and abundant tenant pool from the Illinois Medical District--the largest medical district in North America, w/ four (4) major hospitals, and two (2) medical universities. This area is thriving, with tons of new developments. The neighborhood is also filled with parks and great outdoor recreational areas. Walking distance to Rush Univ Med Ctr, Stroger Cook County Hospital, VA Medical Ctr, UIC campus, Blue line "L" station and multiple CTA bus routes. Minutes to all the restaurants in Little Italy and downtown Chicago, and close to major highways (I-290, I-90/94). This building is professionally managed, and it shows; all mechanicals in good order.

Features & Information

Key Details

  • List Price $825,000
  • Property Taxes $15,176.69
  • Price/ Sq. Ft. Unavailable
  • Year Built 1991
  • Parking Type Space/s
  • Status Contingent

Rooms

  • Total Rooms 14
  • Basement N

Exterior Features

  • Parking

  • Parking Details Space/s
  • # of Cars:  2

Building Information

  • Number of Units 3
  • Age of Building 31-40 Years
  • Exterior Construction Brick
  • Foundation Concrete
  • Heating & Cooling Gas, Forced Air
  • Units

  • Unit 1 Stove, Refrigerator, Dishwasher, Central Air Conditioner, Garage/Space, Hardwood Floors
  • Unit 2 Stove, Refrigerator, Dishwasher, Central Air Conditioner, Garage/Space, Hardwood Floors
  • Unit 3 Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner, Garage/Space, Hardwood Floors

Location

  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property Between Western Ave & Ogden Ave On Taylor St.
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 15176.69
  • Tax Year 2023
  • Tax Exemptions Homeowner
  • Parcel Identification Number 17183160670000

Utilities

  • Sewer Sewer-Stor

Listed by William Spanos for EHomes Realty, Ltd | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/23/2024 1:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Tri Taylor

A mere mention of the words “Taylor Street” and many native Chicagoans will be instantly transported to their first childhood memories of basil, marinara sauce, and homemade pasta. A destination for Italian immigrants (and throngs of others) since the city's inception, the triangular boundaries of the Tri-Taylor neighborhood are centered about Taylor Street in Chicago's near west side. Tri-Taylor's nineteenth century row houses are a glimpse back in time that still provide valuable living space today. New condo buildings have sprouted up, too, creating a beautifully blended combination of vintage design and modern residences. A far cry from its earlier days when Italian ristorantes ruled the streets, Tri-Taylor offers 21st century conveniences with everything from fast food favorites to Internet cafés.

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