Chicago, IL 60623 3142 W 16th Street

Rare opportunity to buy a five unit, investment property that is full occupied. This three unit building, with a two unit coach house, was fully rehabbed (electrical, plumbing and HVAC) in 2023. The main building has a 2bd/1ba garden unit, 3bd/1ba first floor unit and a 4bd/1ba penthouse. The coach house has two units, a 2bd/1ba upstairs and a studio on the ground level. The seller does not know of the legal status of the studio unit. Each unit has a mixture of hardwood and tile flooring throughout the living spaces, stainless steel appliances in the main building kitchens and laundry hookups in two units, also in the main building. The building has a new roof, new windows and tuckpointing. Tenants pay a total of $6,650 in rent each month. Start earning money on your first day as a landlord.