USAILChicago1242 W Huron St
1242 W Huron St, Home with 6 bedrooms, 6 bathrooms and 2 parking in Chicago IL | Image 1
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$1,325,000

1242 W Huron St, Chicago, IL

Real Estate

For Sale

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662
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $13,024
Days Active 0
Lot Size 
Approx. Age 
MLS® Number 12448840

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Fully gut-renovated in 2017, this well-maintained 3-flat in West Town is a smart, income-producing asset with a projected $108, 000/year in rental income and an estimated 8% cap rate. Each of the three 2 bed / 2 bath units features open-concept living, quartz countertops, white soft-close cabinets, subway tile backsplash, West Elm lighting, hardwood floors, and in-unit laundry. Two of the three units currently tenant-occupied. Tenants pay gas and electric, keeping expenses low. Updates include all new mechanicals, HVAC, windows, and rear porches in 2017. Two exterior parking spaces (one leased and one vacant) and dedicated storage rooms for each unit in the basement add further value. Located steps from Eckhart Park and walking distance to Chicago Ave shopping, dining, nightlife, and the Blue Line. Quick access to 90/94, Fulton Market, the Illinois Medical District, and upcoming developments like Bally's Casino and the United Center expansion. This is a smart, stable, and stylish income-producing property in a high-demand neighborhood with plenty of future upside. Reach out for rent roll and full financials-opportunities like this don't last!Show Description
MLS® Number12448840
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementUnfinished, Storage Space, Full
DrivewayAssigned, Off Alley, Off Street, On Site, Owned
Garage Spaces
HeatNatural Gas, Forced Air
A/C
Heating Fuel

Extras

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