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$799,000

Est. payment - /mo

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9 Beds

3 Baths

2,178 Sqft Lot

New

2448 W Taylor ST Chicago, IL 60612

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12732165

Style Row House

Bedrooms 9

Year Built 1895

Annual Tax Amount $11,090

Tax Year 2024

Lot Size 2,178 Sqft

Lot Dimensions 20 X 124.75

Property Sub-Type Two to Four Units

Property Description

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.

Location

State IL

County Cook

Area Chi - Near West Side

Zoning MULTI

Rooms

Basement Finished, Full, Walk-Out Access

Interior

Heating Natural Gas, Electric, Forced Air, Indv Controls

Equipment CO Detectors, Ceiling Fan(s)

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Curbs, Gated, Sidewalks, Street Lights, Street Paved

Roof Type Rubber,Flat

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding,Brick,Stone, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Vinyl Siding,Brick,Stone

New Construction false

Schools

Elementary Schools Jensen Elementary School Olastic

High Schools Manley Career Academy High Schoo

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Chris Gomes of Jameson Sotheby's Intl Realty

Nearby School & Business

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106