Properties

Features
: Central Air
8
Address Map
US
IL
Cook
Chicago
60647
WESTERN
1616
Avenue
W89° 40' 38.5''
N41° 52' 19.9''
NORTH AVE WEST TO WESTERN AVE N.TO 1616
CHI - West Town
N
MULTI
Additional Information
: Brick
Circuit Breakers,Separate Meters
75X110
8
4
Wesley Realty Group
Yvonne Stachyra
Financial
48684
Listing Information
35740
4017
Active
2024-11-18T20:37:02Z
MRED
2024-06-26T05:05:56Z
Property Description

Introducing a prime investment opportunity in Bucktown, this newer 10-unit building is a testament to modern luxury and urban convenience. Each extra-wide condo-quality apartment boasts high ceilings, balconies, hardwood floors, granite countertops, and 42-inch cabinets with stainless steel appliances, creating a sophisticated living experience. Oversized windows flood each unit with natural light, enhancing the spacious rooms and elegant interiors. The building includes eight storage units and nine attached garage spots, ensuring ample convenience for residents. Currently, the property is fully occupied with long-term, high-quality tenants, offering stability and immediate rental income. There is significant potential to increase rental rates, supported by the upscale design and desirable location. Featuring eight upscale residential units and two commercial spaces, each with separate tax IDs, this property offers versatility and investment security. Situated near the Blue Line and Western Avenue CTA stop, residents enjoy easy transit access, while the vibrant neighborhood boasts trendy restaurants, fashionable boutiques, art galleries, and music venues, enriching the local lifestyle and attracting a dynamic tenant base.

Commercial Sale For Sale

1616 N Western Avenue, Chicago, Illinois 60647

$4,350,000
Listing ID#12089455
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Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12089455
Price : $4,350,000
Year Built : 2003
Listing Status : Active
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