2223 Taylor Street, Near West Side, Chicago, Illinois 60612
$675,000
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Sold
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 6 |
| Baths: | 0 |
| Year Built: | 1889 |
| Property Taxes: | $3,184 |
| Lot Size: | 0,00 |
Description
Fully gut-rehabbed in 2024/2025, this turnkey multi-unit opportunity in the heart of the rapidly expanding Illinois Medical District delivers the perfect blend of modern updates and strong income potential. Each spacious unit features 3 bedrooms and 1 bathroom, thoughtfully updated with today's finishes and equipped with in-unit washer and dryer for ultimate tenant convenience. The property boasts a strong rental history and major recent capital improvements, including a completely redone parking area offering up to six parking spaces - a rare and valuable additional income stream in this high-demand location. Ideal for both seasoned investors and savvy house hackers, the flexible layout offers the opportunity to live in one unit while generating income from the others, or fully lease the building for strong cash flow. The full basement presents exciting value-add potential and is ready for your ideas. Located within the Illinois Medical District, the property may offer unique zoning opportunities, including the potential to add an additional unit in the basement (buyer to verify). Ideally positioned in one of Chicago's hottest and fastest-growing neighborhoods, this is a prime opportunity to capitalize on the continued expansion of the IMD, nearby West Loop growth, and strong rental demand.
Property Specifics
| Multi-unit | |
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| 1889 | |
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| No | |
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| Cook | |
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| 12543714 | |
| 17183290140000 |
Room Specifics
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Other Specifics
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| 3,950 SQ. FT. (25.5 X 155) | |
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| Not in DB | |
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Listing Provided By
Baird & Warner
