2448 Taylor Street, Near West Side, Chicago, Illinois 60612
$799,000
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For Sale
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| Status: | Contingent |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 9 |
| Baths: | 0 |
| Year Built: | 1895 |
| Property Taxes: | $11,090 |
| Days On Market: | 30 |
| Lot Size: | 0,05 |
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.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1895 | |
| — | |
| — | |
| No | |
| 0.05 |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12732165 | |
| 16134200230000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Jensen Elementary School Olastic |
299 | — | |
|
High School
Manley Career Academy High Schoo |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 26 Mar, 2015 | Sold | $310,000 | MRED MLS |
| 2 Mar, 2015 | Under contract | $339,000 | MRED MLS |
| — | Last price change | $359,000 | MRED MLS |
| 12 Sep, 2014 | Listed for sale | $389,000 | MRED MLS |
| 13 Aug, 2020 | Sold | $550,000 | MRED MLS |
| 10 Jul, 2020 | Under contract | $550,000 | MRED MLS |
| 18 Jun, 2020 | Listed for sale | $550,000 | MRED MLS |
| 23 Sep, 2022 | Sold | $689,500 | MRED MLS |
| 26 Aug, 2022 | Under contract | $689,500 | MRED MLS |
| — | Last price change | $709,500 | MRED MLS |
| 17 Jul, 2022 | Listed for sale | $709,500 | MRED MLS |
| 18 Aug, 2026 | Under contract | $799,000 | MRED MLS |
| 13 Aug, 2026 | Listed for sale | $799,000 | MRED MLS |
Room Specifics
Total Bedrooms: 9
Bedrooms Above Ground: 9
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
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Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
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Full Bathrooms: 3
Bathroom Amenities: No Tub
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| 20 X 124.75 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2015 | $4,534 |
| 2020 | $6,749 |
| 2022 | $6,585 |
| 2026 | $11,090 |
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Listing Provided By
Jameson Sotheby's Intl Realty
