1411 Taylor St Chicago, IL 60607

This fully occupied, five-unit mixed-use apartment building at 1411 W Taylor St in Chicago, IL, presents a compelling investment opportunity. The 5,400 square foot property boasts recently completed gut renovations, featuring luxury finishes and individual mechanical systems for each unit. All five residential units offer four bedrooms each, ensuring strong rental demand. A desirable rooftop deck provides stunning downtown Chicago views. The building also includes a net-net-net (NNN) commercial tenant, adding to the diversified income stream. Located on a vibrant street with numerous thriving businesses and restaurants, the property benefits from its proximity to both the University of Illinois Chicago (UIC) and Rush University Medical Center, guaranteeing a consistent flow of high-quality tenants. The asking price is $2,295,000, translating to $425 per square foot. Projected first-year cash-on-cash return is 7.5%, making this a turnkey asset with significant potential for long-term growth and high returns in a prime Chicago location. The property's zip code is 60607, and it is situated in Cook County.