Closed

$875,000

1001 16th Street, Chicago, IL 60608
4 Beds4 Baths6 days
1001 16th Street·Chicago, IL 60608
4Bedrooms
4Bathrooms
About This Home

Turn-Key 4-Unit in East Pilsen | Fully Renovated | Fully Rented w/ Strong Tenants | Prime Location!Prime Location! Rare opportunity to own a fully gut-renovated (2017) 4-unit income property in sought-after East Pilsen-a neighborhood known for its art, culture, and proximity to everything. Just steps from new condo developments and walkable to restaurants, galleries, shopping, nightlife, and Downtown/West Loop. All one-bedroom units feature stainless steel appliances (stove, microwave, refrigerator, dishwasher), central heat and air, in-unit washer/dryer, a shared backyard common area, and the building is secured by a 24-hour security system. Each unit has a private storage space in the basement, and parking spaces are available at an additional cost $50/mo. The building is separately metered, with tenants paying their own gas and electric. Owner just pays aprox. $150/mo for water and $25/mo electric in basement! Updated systems, curated long-term tenants, and no deferred maintenance. Ideal for 1031 exchange, owner-occupant, or investor seeking a stabilized, headache-free asset with appreciation upside. Clean financials. A fully renovated, stabilized asset offering consistent income today and long-term upside in the heart of dynamic East Pilsen. Pre-approval or proof of funds required to schedule a viewing.

MLS# 12581857Listed March 3, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms4
Total Rooms12

Size & Structure

Lot Size22 X 100

Location

CountyCook
TownshipWest Chicago
Zip Code60608

Financial

List Price$875,000
Annual Taxes (2024)$9,443
Monthly Tax Est.$787
Parcel #17204030320000
Interior Features

Heating

Natural GasForced AirSep Heating Systems - 2+Indv Controls

Basement

UnfinishedFullDaylight
Exterior & Lot

Construction

Brick

Roof

Flat

Foundation

Concrete Perimeter

Patio & Porch

DeckPorch

Lot Features

Common GroundsCorner Lot
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

Off AlleyYesOwned
HOA & Community

Community Features

CurbsGatedSidewalksStreet LightsStreet Paved
Schools
Elementary
Jungman Elementary School
District: 299
Middle School
Jungman Elementary School
District: 299
High School
Juarez High School
District: 299
Tax & Financial
Annual Taxes
$9,443
Tax Year 2024
Monthly Tax Est.
$787
per month
Property Location

1001 16th Street, Chicago, IL 60608Cook County

$875,000
1001 16th Street
4 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
6 days on market
22 X 100
$9,443/yr taxes
$5,385
estimated monthly payment
Principal & Interest
$4,599/mo
Property Tax
$787/mo
$875,000
20% — $175,000
3%50%
6.875%
3%12%
Loan Amount
$700,000
Down Payment
$175,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Kale Realty
Agent: Shea Rousselle
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