$1,249,000
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!
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1430 Superior Street, Chicago, IL 60642 — Cook County
IL License 475.178467 · (847) 810-8438
* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.
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