Stabilized Renovated 6-Unit | Fully Occupied

1441 W Cullerton Street Chicago, IL 60608

1441 W Cullerton Street, Chicago, IL, 60608
1441 W Cullerton Street, Chicago, IL, 60608
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,200,000
Last Verified:
Jun 12, 2024

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Highlights

  • Recent Renovation (2020)
  • In-unit Laundry
  • Parking in Rear for Additional Income
  • Modern Finishes
  • Prime East Pilsen Location

Description

Introducing a prime investment opportunity at 1441 W Cullerton Street, Chicago. This 5,148 SF, 6-unit property, recently renovated in 2020 and featuring modern finishes, is the perfect addition to any multifamily/low-rise/garden investor's portfolio. With in-unit laundry and parking in the rear for additional income, this property offers a hassle-free and lucrative investment. Zoned RT-4 and boasting 100% occupancy, it presents a solid income stream. Located in the sought-after Chicago area, this property is a compelling investment in a thriving market.

Discover the potential of investing in the vibrant Chicago market. Nestled in a thriving neighborhood, the property enjoys proximity to a wealth of amenities and attractions. This sought-after location offers easy access to a variety of dining, entertainment, and cultural options, as well as convenient transportation links. With the area's rich history and diverse community, investors will find ample opportunities to create an attractive living environment for tenants. Positioned in a market with strong demand for multifamily/low-rise/garden properties, the area presents an exciting opportunity for steady returns and long-term growth potential.

Building Size: 5148sq ft
Lot Size: 0.07 acres


Documents

1441 W Cullerton St | Sales OM

Map of 1441 W Cullerton Street, Chicago, IL, 60608

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.