NOT LISTED FOR SALE

1001 W 16th St Chicago, IL 60608

Pilsen Neighborhood
4 Beds
4 Baths
2,268 Sq Ft
-- Built

Last Sold October 16, 2020

Last sale price $820,100 $362 Per Sq Ft

5 Days on Market

Highlights

  • Gated Community
  • Corner Lot
  • Two Heating Systems
  • Deck
  • Porch

About This Home

As of October 2020

MATTERPORT/3D VIRTUAL TOUR LINK AVAILABLE UPON REQUEST! RARE OPPORTUNITY IN INCREDIBLE LOCATION WITH THIS COMPLETELY (2017) RENOVATED & STABILIZED TURN-KEY/NEVER-VACANT/METICULOUSLY MAINTAINED SOLID BRICK 4-FLAT W/CONDO QUALITY CONTEMPORARY FINISHES WALKING DISTANCE TO 18TH/HALSTED RETAIL/RESTAURANTS, THALIA HALL, UIC/UNIVERSITY VILLAGE AND ALL THAT PILSEN HAS TO OFFER FEATURING LUXE FLAT PANEL/QUARTZ/S/S KITCHENS W/BREAKFAST BARS OPENING TO BRIGHT LIVING/DINING AREAS W/WIDE PLANK FLOORING, TALL CEILINGS & CAN LIGHTS; WHITE/GRAY STONE BATHS W/OVERSIZED SHOWERS; GENEROUSLY SIZED BEDROOMS; CENTRAL HEAT/AIR & IN-UNIT LAUNDRY; PRIVATE STORAGE FOR EACH UNIT; GREAT OUTDOOR SPACE INCL HUGE COMMON DECK & PRIVATE DECK + 3-CAR PARKING; GREAT CASH FLOW W/STRONG/STABLE RENT ROLL, LOW TAXES & MINIMAL EXPENSES, PERFECT FOR ANY LEVEL INVESTOR!

Last Agent to Sell the Property

Mario Greco

Compass License #475105845 Listed on: 08/28/2020

Compass

Co-Listed By

Cyrus Seraj

Compass License #471003244

Last Buyer's Agent

Shea Rousselle

Kale Realty License #475176729

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,395

Year Renovated

  • 2017

Lot Details

  • Lot Dimensions are 22 x 100
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms
  • Separate Shower

Unfinished Basement

  • English Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Outdoor Features

  • Deck
  • Porch

Schools

  • Jungman Elementary School
  • Juarez High School

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • 4 Units
  • 4 Unit

Building Details

  • Electric Expense $248
  • Insurance Expense $2,200
  • Water Sewer Expense $1,500
  • Gross Income $73,140
  • Net Operating Income $61,797

Additional Features

  • Common Area
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,395

Year Renovated

2017

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: Full, English
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Bathroom Amenities: Separate Shower
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • Room: 3

Exterior Features

  • ExteriorFeatures: Deck, Porch, Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 849500
  • Lot Features: Common Grounds, Corner Lot
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 1500

Schools

  • Elementary School: Jungman Elementary School
  • High School: Juarez High School
  • Middle/Junior School: Jungman Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 22 X 100
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas

Multi Family

  • Net Operating Income: 61797
  • Insurance Expense: 2200
  • ElectricExpense: 248
  • GrossIncome: 73140
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 7395.38
  • Tax Year: 2019
  • Tax Exemptions: None

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $820,100 -3.5% $362 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $849,500 0.0% $375 / Sq Ft
01/30/2018 01/30/18 Rented $1,400 -12.5% --
01/09/2018 01/09/18 For Rent $1,600 0.0% --
09/30/2015 09/30/15 Sold $250,000 0.0% $110 / Sq Ft
08/26/2015 08/26/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $250,000 -- $110 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mario Greco

    Seller's Agent in 2020

    Mario Greco

    Compass

    (773) 255-6562

    2 in this area

    1,092 Total Sales

    Section Image
  • Cyrus Seraj

    Seller Co-Listing Agent in 2020

    Cyrus Seraj

    Compass

    (773) 495-3303

    1 in this area

    134 Total Sales

    Section Image
  • Shea Rousselle

    Buyer's Agent in 2020

    Shea Rousselle

    Kale Realty

    (312) 919-7912

    1 in this area

    5 Total Sales

    Section Image
  • Kaveh Jafarabadi

    Seller's Agent in 2018

    Kaveh Jafarabadi

    Broker Hill LLC

    (312) 613-8326

    7 Total Sales

    Section Image
  • Dalia Cajigas

    Seller's Agent in 2015

    Dalia Cajigas

    RE/MAX

    (773) 879-4855

    86 Total Sales

    Section Image
  • Joe Betancourt

    Buyer's Agent in 2015

    Joe Betancourt

    Betancourt Realty

    (773) 297-8560

    64 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10837911

Midwest Real Estate Data (MRED)

APN: 17204030320000

Illinois Cook County Chicago 60608 Pilsen

1001 W 16th St, Chicago, IL

This home is located at 1001 W 16th St, Chicago, IL 60608 since 28 August 2020. 1001 W 16th St is a home located in Cook County with nearby schools including Juarez Community Academy High School and Youth Connection Leadership Academy.

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