1420 W Fulton St - Apartments FOR SALE


Chicago, IL 60607- West Loop
$2,150,000 USD
312-371-6946
1420 W Fulton St, Chicago, IL for Sale
$2,150,000 USD
Apartments - FOR SALE
1/29
null | Request Cap Rate

1420 W Fulton St
Chicago, IL 60607
West Loop


OVERVIEW

Beautiful historic brick 3 unit In Fulton Market's HOT West Loop. This rare three-unit luxury rental structure is exactly in the path of new developments. No money was spared and fully rehabilitated in 2016. Three brand-new, identical apartments that have been completely remodeled with premium finishes and appliances. Sleek two-bedroom, two-bathroom apartments with the same layout. Kohler kitchen and bathroom fixtures, Bosch appliances, wine refrigerators, and quartz worktops. Each unit has lots of closet space, Hunter Douglas blinds, and wide plank wood floors. Each apartment has a quad screen security system, two fireplaces, an in-unit washing and dryer, high-efficiency water heaters, and large Trex decks with gas hookups. Like new historic brick structure with fiberglass insulation in the walls and ceiling, R11 quiet zone walls, new plumbing, electric, new roof, & more. 2 car garage. Roof is ready for a roof deck or whatever the next owner desires! Accessible to multiple CTA transportation lines & highways as well as all the restaurants, bars & shops the West Loop is famous for! Less than a block to three Michelin Starred Restaurants and others in the world class culinary Fulton Market District. Less than half a mile to the proposed United Center Entertainment Campus! Also, in the top-rated Skinner school district. The property's location is further enhanced by surrounding major developments like the Fulton Park Campus, luxury condo towers at 1325 W Fulton, and residential towers at 1200 W Fulton, as well as steps from the up-and-coming luxury condo development The Fulton Bond, placing it in one of Chicago's fastest-growing investment areas.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$506 USD /SF

# OF UNITS

3

PRICE/UNIT

$716,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1880

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,483 SF

ZONING

PMD-4

APN/PARCEL ID

17-08-310-011-0000

ASK ABOUT THIS PROPERTY

Rick PanlilioRemax PremierMore Info
312-371-6946

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Rick PanlilioRemax PremierMore Info
312-371-6946

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.