Chicago, IL 60608 2007 S Allport Street

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Presented By: Sperry Van Ness
  • MLS# 12084561
  • 06/14/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 10
  • SQFT • 8,500

Home Details

Introducing a beautifully renovated 7-Unit East Pilsen Multifamily, located at 2007 S Allport Street in Chicago's dynamic Pilsen neighborhood. This modern, 8,500 SF property includes a beautifully renovated sprinklered brick building with 6 units and a 7th unit in the large duplexed coach house and a large 950 SF +/- ground level space used for storage but can easily be converted into an additional unit. The 2019 gut renovation with modern finishes and sprinkler system add to the allure of this investment opportunity that features 2 full floor units. The property holds an attractive cap rate with full occupancy and room to increase rents. Ideal for Airbnb with close proximity to Thalia Hall, 18th Street Retail Corridor and public transportation options, this property maximizes income potential. Immerse yourself in Pilsen's cultural vibrancy, artsy ambiance, and diverse entertainment scene with this prime multifamily asset in the heart of Chicago.
Presented By: Sperry Van Ness

General for 2007 S Allport Street

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingCentral Air, Central Individual
CountyCook
Days on Market113
Directions18th Street & Allport St, South to 2007 on the East Side of the Street.
ElectricCircuit Breakers, Separate Meters
Electric Expense
Fuel Expense
Gross Income171300
Insurance Expense
MLS AreaCHI - Lower West Side
MaintenanceExpense
Net Operating Income131867
NumberOfUnitsTotal7
Operating Expense45666
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories4
Tax Annual Amount19622
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat, Other
Trash Expense0
Water Sewer Expense0
Year Built1888
ZoningMULTI

Exterior for 2007 S Allport Street

Building Area Total8500
ExteriorBrick
Lot Dimensions24X126
Lot Size Acres0.07

Additional Details

Price History

Worth Clark

Price $1,700,000
MLS#12084561
List Date 06/14/2024
Property Type Multi-Family
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