1001 16th Street, Lower West Side, Chicago, Illinois 60608
$885,000
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For Sale
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| Status: | New |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | — |
| Property Taxes: | $12,026 |
| Days On Market: | 4 |
| Lot Size: | 0,00 |
Description
Turn-Key 4-Unit in East Pilsen | Fully Renovated | Prime Location! Rare opportunity to own a fully gut-renovated (2017) 4-unit income property in sought-after East Pilsen-a neighborhood known for its art, culture, and proximity to everything. Just steps from new condo developments and walkable to restaurants, galleries, shopping, nightlife, and Downtown/West Loop. All one-bedroom units feature stainless steel appliances (stove, microwave, refrigerator, dishwasher), central heat and air, in-unit washer/dryer, a shared backyard common area, and the building is secured by a 24-hour security system. Each unit has a private storage space in the basement, and parking spaces are available at an additional cost $50/mo. The building is fully separately metered, with tenants paying their own gas and electric. Owner just pays water! Updated systems, curated long-term tenants, and no deferred maintenance. Ideal for 1031 exchange, owner-occupant, or investor seeking a stabilized, headache-free asset with appreciation upside. Clean financials. A fully renovated, stabilized asset offering consistent income today and long-term upside in the heart of dynamic East Pilsen. Pre-approval or proof of funds required to schedule a viewing.
Property Specifics
| Multi-unit | |
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| 4 UNIT | |
| No | |
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| Cook | |
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| 12461258 | |
| 17204030320000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Jungman Elementary School |
299 | — | |
|
Middle School
Jungman Elementary School |
299 | Not in DB | |
|
High School
Juarez High School |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 30 Sep, 2015 | Sold | $250,000 | MRED MLS |
| 29 Aug, 2015 | Under contract | $250,000 | MRED MLS |
| 20 Aug, 2015 | Listed for sale | $250,000 | MRED MLS |
| 16 Oct, 2020 | Sold | $820,100 | MRED MLS |
| 2 Sep, 2020 | Under contract | $849,500 | MRED MLS |
| 28 Aug, 2020 | Listed for sale | $849,500 | MRED MLS |
| 5 Sep, 2025 | Listed for sale | $885,000 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
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| 22 X 100 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2015 | $3,781 |
| 2020 | $7,395 |
| 2025 | $12,026 |
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Listing Provided By
Kale Realty
