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1610 W 17th St
Chicago, IL 60608
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- 2013 Gut Renovation Including New Modified Bitumen Roof
- Individual Furnaces
- One Block From Public Transit
- Stainless Steel Appliances/Hardwood Floors/Granite Countertops Throughout
- Rapidly Appreciating Location
- Historic Charm
EXECUTIVE SUMMARY
33 Realty's pleased to present for sale 1610-1612 W. 17th Street in Chicago's thriving and rapidly appreciating Pilsen neighborhood. Located only 2 miles from downtown Chicago, this 6 unit property offers an array of improvements in recent years including updated kitchens with stainless steel appliances, microwaves and dishwashers in all 6 units. The 2 duplex units are incredibly spacious and include individual central air conditioning and in unit washers and dryers. In 2025, the owner upgraded previous storage space to usuable tenant space in units 1610-3 and 1612-3, adding 200 SF to already huge units.
The property underwent a gut renovation in 2013 with upgraded kitchens and bathrooms throughout. In addition, a new modified bitumen rubber roof was installed in 2013. The property offers in place cash flow, along with the highly desired combination of the ability to add value with both increasing rents with basic unit renovations and increasing value with its location in a rapidly gentrifying neighborhood.
The property underwent a gut renovation in 2013 with upgraded kitchens and bathrooms throughout. In addition, a new modified bitumen rubber roof was installed in 2013. The property offers in place cash flow, along with the highly desired combination of the ability to add value with both increasing rents with basic unit renovations and increasing value with its location in a rapidly gentrifying neighborhood.
PROPERTY FACTS
| Price Per Unit | $459,103 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.10% | Lot Size | 0.05 AC |
| Gross Rent Multiplier | 12.4 | Building Size | 7,500 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1889/2025 |
| Price Per Unit | $459,103 CAD |
| Sale Type | Investment |
| Cap Rate | 6.10% |
| Gross Rent Multiplier | 12.4 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 7,500 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1889/2025 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Granite Countertops
- Hardwood Floors
- Coffee System
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Smoke Free
- Storage Space
- Walk-Up
PROPERTY TAXES
| Parcel Number | 17-19-403-015-0000 | Improvements Assessment | $69,725 CAD |
| Land Assessment | $10,439 CAD | Total Assessment | $80,163 CAD |
PROPERTY TAXES
Parcel Number
17-19-403-015-0000
Land Assessment
$10,439 CAD
Improvements Assessment
$69,725 CAD
Total Assessment
$80,163 CAD
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