2527 Congress Parkway, Near West Side, Chicago, Illinois 60612
$836,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 6 |
| Baths: | 0 |
| Year Built: | 2019 |
| Property Taxes: | $9,437 |
| Days On Market: | 1871 |
| Lot Size: | 0,07 |
Description
2527 W Congress Pkwy is a luxury newer construction 3-unit rental building. Amazing investment opportunity. All units are identical floor plans, they feature 2 bed/2 bath, modern kitchen with stainless steel appliances, quartz countertops, and plenty of counter, storage, and cabinet space, and in-unit laundry. The primary bed features an en-suite bath with a large spa-like shower, double vanity, and walk in closet. All units have a rear balcony/entrance, and 1 parking space is allotted per unit. The property is located just outside the Illinois Medical District in Tri-Taylor neighborhood, roughly 2 miles from the heart of downtown. In addition, public transit is located in close proximity, a 5 min walk to the blue line CTA, which runs between downtown and Chicago's O'Hare Int'l Airport. Units always stay rented, asset has a cap rate of 6.1% with plenty of rental upside. This property is being sold as a part of a 3 building, 12-unit package.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 2019 | |
| None | |
| Brick | |
| — | |
| — | |
| No | |
| 0.07 |
| Cook | |
| — | |
| — / — | |
| — | |
| Lake Michigan | |
| Public Sewer | |
| — | |
| Electric | |
| 11226572 | |
| 16132320080000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 10 Dec, 2021 | Sold | $836,000 | MRED MLS |
| 22 Oct, 2021 | Under contract | $850,000 | MRED MLS |
| 22 Sep, 2021 | Listed for sale | $850,000 | MRED MLS |
Room Specifics
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Full Bathrooms: 6
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Other Specifics
| — | |
| — | |
| Space/s | |
| — | |
| — | |
| — | |
| — | |
| — | |
| 25X150 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2021 | $9,437 |
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