1430 W Superior ST, Chicago, IL 60642 - MLS#12543295 - - -

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melanie@mccluskyteam.com

$1,249,000

Est. payment - /mo

7 Beds

5 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12543295

Bedrooms 7

Maintenance Fees $750

Year Built 1892

Annual Tax Amount $13,702

Tax Year 2024

Lot Dimensions 25X123.25

Property Sub-Type Two to Four Units

Property Description

Discover a prime investment opportunity at 1430 W Superior Street in Chicago's vibrant West Town neighborhood! This classic brick 4-unit property combines timeless charm with modern updates, making it an ideal choice for savvy investors. West Town's thriving development, trendy dining spots, and easy access to transit create a magnetic appeal for renters seeking both convenience and character. Each unit has been thoughtfully updated in 2023, featuring sleek new appliances, in-unit washer/dryers, and HVAC systems for modern comfort. Units 1R and 2R are efficient 2-bedroom, 1-bath layouts, while Units 1F and 2F offer flexible 1-bedroom + den, 1-bath configurations, catering to a variety of tenant needs. A surface parking pad in the rear provides space for two cars, a coveted amenity in this bustling area. With a gross monthly income of $9,440 and potential to increase rents, this property is already performing well but offers room for even greater returns. As West Town continues to blossom, this building positions you perfectly to capitalize on the area's upward momentum. Whether you're expanding your portfolio or diving into your first multifamily investment, 1430 W Superior Street is your chance to secure reliable income with exciting growth potential. The unfinished basement offers even more versatility-imagine transforming it into a duplex down or additional 1-2 units if the City ADU pilot program is expanded. Alternatively, use it as dedicated storage space for tenants to generate additional income. Schedule your showing today and step into the future of Chicago real estate!

Location

State IL

County Cook

Area Chi - West Town

Zoning MULTI

Rooms

Basement Unfinished, Exterior Entry, Storage Space, Partial

Interior

Heating Natural Gas, Forced Air

Equipment CO Detectors

Fireplace N

Exterior

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Christopher Sweitzer of Compass

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Broker | License ID: -

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