1. Illinois
2. Chicago
3. 1616 N Western Avenue

1616 N Western Avenue, Chicago, IL 60647

Property Description

Introducing a prime investment opportunity in Bucktown, this newer 10-unit building is a testament to modern luxury and urban convenience. Each extra-wide condo-quality apartment boasts high ceilings, balconies, hardwood floors, granite countertops, and 42-inch cabinets with stainless steel appliances, creating a sophisticated living experience. Oversized windows flood each unit with natural light, enhancing the spacious rooms and elegant interiors. The building includes eight storage units and nine attached garage spots, ensuring ample convenience for residents. Currently, the property is fully occupied with long-term, high-quality tenants, offering stability and immediate rental income. There is significant potential to increase rental rates, supported by the upscale design and desirable location. Featuring eight upscale residential units and two commercial spaces, each with separate tax IDs, this property offers versatility and investment security. Situated near the Blue Line and Western Avenue CTA stop, residents enjoy easy transit access, while the vibrant neighborhood boasts trendy restaurants, fashionable boutiques, art galleries, and music venues, enriching the local lifestyle and attracting a dynamic tenant base.

Listing Status:

Active

Listing Office:

Wesley Realty Group : 847-652-1944

Listing Agent:

Yvonne Stachyra : 847-652-1944

MLS ID:

12347274

Interior

• A/C: Central Air
• Fireplace: Fireplaces: 8

Location

Lot

Utilities

Financial

This listing courtesy of Yvonne Stachyra, Wesley Realty Group