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$16,500,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12107415
Maintenance Fees $50,242
Year Built 2023
Annual Tax Amount $259,879
Tax Year 2023
Lot Dimensions 123X173
Property Sub-Type Multi Family 5+
Property Description
This exceptional multi-use property, located in the rapidly growing United Center/Near West Side neighborhood, offers 48 residential units and 2 commercial spaces. Professionally managed and thoughtfully designed, the property is 100% occupied and generating a Gross Monthly Income of $125,861. Completed in 2023, the building features a mix of one, two, and three-bedroom apartments, each designed to a high standard. Residents enjoy the convenience of an elevator, attached garage parking, and access to a shared rooftop deck with stunning views. With the United Center and the Medical District just blocks away, this location is at the heart of a vibrant, high-traffic area, with a wave of new investments flooding the neighborhood. Nearby, you'll find grocery stores, bars, restaurants, hotels, and a variety of entertainment options, making this an ideal spot for both residents and businesses. The Near West Side is poised for even greater growth, offering tremendous upside potential.
Location
State IL
County Cook
Area Chi - Near West Side
Interior
Cooling Central Air
Fireplace N
Exterior
Utilities Available Water Available, Cable Available
Building
Dwelling Type Multi Family 5+
Level or Stories 5
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Konrad Dabrowski • Fulton Grace Realty
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CROSSTOWN REALTORS
Owner | License ID: 471019341