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$1,249,000
Est. payment /mo
7 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12543295
Bedrooms 7
Maintenance Fees $750
Year Built 1892
Annual Tax Amount $13,702
Tax Year 2024
Lot Dimensions 25X123.25
Property Sub-Type Two to Four Units
Property Description
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!
Location
State IL
County Cook
Area Chi - West Town
Zoning MULTI
Rooms
Basement Unfinished, Exterior Entry, Storage Space, Partial
Interior
Heating Natural Gas, Forced Air
Equipment CO Detectors
Fireplace N
Exterior
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Christopher Sweitzer of Compass
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