1411 W Taylor St - Apartments FOR SALE


Chicago, IL 60607
$2,295,000 USD
773-293-5007
1411 W Taylor St, Chicago, IL for Sale
$2,295,000 USD
Apartments - FOR SALE
1/7
null | 7.43% Cap Rate

1411 W Taylor St
Chicago, IL 60607


HIGHLIGHTS

  • Turnkey and Fully Occupied
  • All Residential Units Have Four Bedrooms
  • NNN Commercial Tenant
  • 7.5% Y1 Cash-on-Cash
  • Steps from UIC Campus and Rush Medical

OVERVIEW

Kiser Group is pleased to present 1411 W Taylor for sale, a five unit mixed-use building located near University of Illinois Chicago (UIC) and Rush University Medical Center. The building was recently gut renovated to include luxury finishes, individual mechanicals and a rooftop deck with views of downtown Chicago. The property is located on one of Chicago's most storied streets, with thriving storefronts and restaurants. The purchase of 1411 W Taylor presents a new owner with the opportunity to acquire a turnkey asset with high single digit cash-on-cash returns and in an area with intrinsic tenant demand from UIC and Rush Medical Center.

FOR SALE DETAILS

PRICE

$2,295,000 USD

PRICE/SF

$319 USD /SF

# OF UNITS

4

PRICE/UNIT

$573,750

CAP RATE

7.43%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1912

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

B3-2

APN/PARCEL ID

17-17-325-017-0000

ASK ABOUT THIS PROPERTY

Andy FriedmanKiser GroupMore Info
773-293-5007

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Andy FriedmanKiser GroupMore Info
773-293-5007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.