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Listed by Tyler Weekesof Star Realty & Management
$ 2,200,000
Est. payment | /mo
7,200 SqFt
$ 2,200,000
Est. payment | /mo
7,200 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $305
MLS Listing ID 12355340
Year Built 1907
Annual Tax Amount $16,419
Tax Year 2023
Lot Dimensions 107 BY 30
Property Sub-Type Mixed Use
Property Description
Located in the heart of Chicago's historic Little Italy neighborhood, this fully gut-renovated mixed-use property presents an exceptional investment opportunity on one of the best blocks of Taylor Street. Completed in 2020, the building features four expansive residential units-each offering four bedrooms and outfitted with high-end, luxury finishes. Residents enjoy gourmet kitchens with quartz countertops and stainless steel appliances, spa-inspired bathrooms, in-unit laundry, and generous living spaces. Large private balconies and a rooftop deck provide ideal outdoor amenities, enhancing tenant appeal and rental value. The ground floor houses a commercial space that is leased to a thriving cafe on a 10-year lease, delivering stable, long-term income. Just minutes from UIC, this turnkey asset offers a rare combination of location, quality, and dependable cash flow in one of Chicago's most vibrant and high-demand neighborhoods.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Building
Foundation Stone
Structure Type Brick,Wood,Frame
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2600 S. Michigan Avenue, Suite 102, Chicago, IL, 60616, United States