1417 W Cullerton Street, CHICAGO IL 60608 Photo 1 1417 W Cullerton Street, CHICAGO IL 60608 Photo 2 1417 W Cullerton Street, CHICAGO IL 60608 Photo 3 1417 W Cullerton Street, CHICAGO IL 60608 Photo 4 1417 W Cullerton Street, CHICAGO IL 60608 Photo 5 1417 W Cullerton Street, CHICAGO IL 60608 Photo 6 1417 W Cullerton Street, CHICAGO IL 60608 Photo 7 1417 W Cullerton Street, CHICAGO IL 60608 Photo 8 1417 W Cullerton Street, CHICAGO IL 60608 Photo 9 1417 W Cullerton Street, CHICAGO IL 60608 Photo 10 1417 W Cullerton Street, CHICAGO IL 60608 Photo 11 1417 W Cullerton Street, CHICAGO IL 60608 Photo 12 1417 W Cullerton Street, CHICAGO IL 60608 Photo 13 1417 W Cullerton Street, CHICAGO IL 60608 Photo 14 1417 W Cullerton Street, CHICAGO IL 60608 Photo 15 1417 W Cullerton Street, CHICAGO IL 60608 Photo 16 1417 W Cullerton Street, CHICAGO IL 60608 Photo 17 1417 W Cullerton Street, CHICAGO IL 60608 Photo 18 1417 W Cullerton Street, CHICAGO IL 60608 Photo 19
Listing Courtesy of Sperry Van Ness

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1417 W Cullerton Street - 1417 W. Cullerton is a completely renovated 6-Unit Multifamily building in the heart of Pilsen, Chicago's most desirable Southwest Side neighborhood. This property has a great unit mix consisting: (1) 3 Bedroom 2 Bath, (3) 2 Bedroom 1 Bath (two of which are in the Coach House), & (2) 1 Bedroom 1 Bath units. Each unit has been updated with: Hardwood Floors, Kitchens with SS Appliances & Granite Counter Tops (1 1/4"), Dishwashers, & Bathrooms. Capital improvements include: New windows, New HVAC Systems, New Individual Hot Water Tanks, New Porches, New Electric, & New Plumbing. This is a turn-key arm-chair investment that is 100% leased & generates approximately $100,000 in rental income. Offering Memorandum is available in Additional Information.

Listing information

  • MLS® ID: 09364050
  • Status: Active with Contingency
  • New Construction: No
  • County: Cook
  • Style: Multi-Family
  • Stories: 3
  • Foreclosure: No
  • Year Built: 1865
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $9,219

Features

Air Conditioning Central Air, Central Individual
Approximate Age New Rehab
Backup Info Backup Package
Basement Description Unfinished
Built Before 1978 (Y/N) Yes
Construction Concrete
Contingency Flag Attorney/Inspection
Electrical Service 120V Power, 201-600 Amps, 240V Power, Circuit Breakers, Separate Meters
Exterior Building Type Brick
Foundation Concrete
Franchisor Feed(y/n) No
Fuel Expense Source Broker Projection
Heat/Ventilation Central Heat/Indiv Controls, Forced Air, Gas
Information 24-Hr Notice Required, Listing Agent Must Accompany
Other # Of Dishwashers - 6, # Of Dryers - 1, # Of Ranges - 6, # Of Refrigs - 6, # Of Units - 6, # Of Washers - 1, Approx Total Bldg Sq Ft - 5000, Electricity Expense - 450, Expense Year - 2015, Fuel Expense - 661, Gross Rent Multiplier - 9.29, Gross Rental Income $ - 99600, Insurance Expense - 1800, Janitor Expense - 1200, Net Oper Income $ - 71530, Net Operating Income Year - 2015, Other Expenses - 9066, Repairs-Decor Expense - 1200, Scavenger Expense - 958, Tax Year - 2015, Total Annual Exp - 26090, Total Annual Income - 97620, Total Monthly Income - 8135, Township - South Chicago, Water Expense - 1235, Zoning Type - Multi
Ownership Type Limited Partnership
Property Type Multi Family 5+
Roof Coverings Shingle Composition
Roof Structure Pitched, Wood Joists
Tenant Pays Air Conditioning, Electric, Heat
Type Multi-Family Flats
Listing Courtesy of Sperry Van Ness