2007 S Allport Street, Chicago, IL 60608

  • $1,700,000
  • $1,700,000
2007 S Allport Street, Chicago, IL 60608
  • Commercial Sale
  • Property Type
  • 1888
  • Year Built
For Sale
2007 S Allport Street, Chicago, IL 60608
  • $1,700,000
  • $1,700,000

Overview

Property ID: 22245114
  • Commercial Sale
  • Property Type
  • 1888
  • Year Built

Description

Introducing a beautifully renovated 7-Unit East Pilsen Multifamily, located at 2007 S Allport Street in Chicago’s dynamic Pilsen neighborhood. This modern, 8,500 SF property includes a beautifully renovated sprinklered brick building with 6 units and a Large coach house featuring a large Duplexed unit and a large 950 SF +/- ground level space used for storage but can easily be converted into an additional unit. The 2019 gut renovation with modern finishes and sprinkler system add to the allure of this investment opportunity that features 2 full floor units. The property holds an attractive 7.65% CAP rate with a current NOI of $130,033 and full occupancy. Ideal for Airbnb with below-market rents and close proximity to Thalia Hall, 18th Street Retail Corridor and public transportation options, this property maximizes income potential. Immerse yourself in Pilsen’s cultural vibrancy, artsy ambiance, and diverse entertainment scene with this prime multifamily asset in the heart of Chicago.

  • Address 2007 S Allport Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60608
  • Country United States

Details

Updated on August 23, 2024 at 7:12 pm
  • Property ID: 22245114
  • Price: $1,700,000
  • Land Area: 0.07 Acres
  • Year Built: 1888
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 8500
  • MLS#: MRD12084561
  • Office Name: SPERRY VAN NESS
  • Agent Name: Angelo Labriola
  • MLS Status: Active
  • Living Area Prefix: SqFt

Additional details

  • List Office MLSID: MRD18283
  • List Agent MLSID: MRD183772
  • List Date: 2024-06-14T16:49:05.000Z
  • Cooling: Central Air,Central Individual
  • Tax Annual: 19128.4
  • Tax Year: 2022
  • County: Cook

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