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About the Listing 10646 - 881929,38102
Excellent investment opportunity in the heart of Tri-Taylor. This updated legal three-flat is ideally located near the Illinois Medical District, UIC, the Blue Line, I-290, Little Italy, Cinespace Studios and numerous neighborhood developments. The building offers three spacious residences: a 3-bedroom garden unit, a 2-bedroom first-floor unit and a 4-bedroom second-floor unit. Each residence features central HVAC, private laundry, stainless steel appliances, a dishwasher and garbage disposal. All units are currently rented below market, offering meaningful upside. Significant recent improvements include all-new electrical wiring throughout the building, new water heaters in Units B and 1, and a new A/C system serving Unit 2. Additional updates include new flooring and a new dishwasher in Unit 2, fresh paint throughout all three residences, and extensive improvements to the rear exterior wall, including new siding, structural support, plywood, moisture barrier and insulation. The property also features a two-car garage with additional storage, fenced front and rear yards, a shared patio and a new walkway connecting the alley entrance to the rear outdoor space. With substantial recent capital improvements, under-market rents and strong demand driven by nearby universities, hospitals, transportation and employment centers, this is an attractive opportunity for an investor or owner-occupant.
Listing Highlights
Interior Details
- Bedrooms: 9
- Bathrooms: 3 Full
- Appliances: CO Detectors,Ceiling Fan(s)
- Air Cond:
- Heating: Natural Gas,Electric,Forced Air,Indv Controls
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full,Walk-Out Access
- Other:
- Water: Lake Michigan,Public
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 20 X 124.75
- Zoning: MULTI
- Roof: Rubber,Flat
- Others:
- Sewer: Public Sewer
- Parking Features: Garage Door Opener,Garage,Yes,Garage Owned,Detached
Financial Details
- Tax Amount: $11,090
- Taxes w/Assessments: N/A
- Tax/Property ID: 16134200230000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
2448 W Taylor St Chicago, IL 60612
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