1413 W Taylor St

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

8 year old total rehab, fully rented 5 apartments + 1 retail space in middle of University Village neighborhood. Great investment in strong rental area of city. Close to U of I Chicago, Rush Medical, Stroger Hospital, Loop. Served by public transportation, close to expressways. 3 parking spots behind building8 year old total rehab, fully rented 5 apartments + 1 retail space in middle of University Village neighborhood. Great investment in strong rental area of city. Close to U of I Chicago, Rush Medical, Stroger Hospital, Loop. Served by public transportation, close to expressways. 3 parking spots behind building
  1. Listed by Theodore Mazola • New West Realty Partners LLC
    P: (312)-209-4137 C: (312)-209-4137 tmazola@nwrchicago.com

Sold By Keller Williams Preferred Rlty

Property Details for 1413 West Taylor Street

Area
CHI - Near West Side
Township
West Chicago
Air Conditioning Type
Central Air, Central Individual
Num of Interior Fireplaces
0
Zoning
MULTI
LISTING CLOSED: 10/10/2024 12:00 AM

Property Details for 1413 West Taylor Street

StatusClosed
MLS #12027253
Days on Market3
Taxes$18,565 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1910
Lot Size0.07 AC / 3,210 SF
CountyCook County
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Building Information for 1413 West Taylor Street

Stories3Residences6Year Built1910Building Size-Lot Size0.07 AC / 3,210 SF

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$8,773 per month

30 year fixed, 6.36% Interest

Principal and Interest

$7,226

Property Taxes

$1,547

HOA Dues

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Property Information for 1413 West Taylor Street

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Central Individual
  • Electric: Circuit Breakers
  • # Of Washers: 1
  • Basement Description: Unfinished
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas
  • # Of Refrigerators: 5
  • Washer/Dryer Lsd: No
  • # Of Dryers: 1
  • # Of Disposals: 0
  • # Of Dishwashers: 1
  • Num of Baths: 5.1
Exterior Features
  • Misc Outside: Security Gate,Security Lighting
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Multi-Family Type: Flats
  • Lot Dimensions: 106X30
  • Lot Size Square Feet: 3210.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Structure: Flat
  • Foundation Details: Stone
  • Building Area Total: 5626
  • # Of Ranges: 5
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Multi-Family, Retail
  • Buyer Financing: Conventional
  • Public Document Count: 0
  • Photos Count: 0
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $550.00
  • Fuel Expense: $600.00
  • Gross Income: $145,539.00
  • Gross Scheduled Income: $147,273.00
  • Insurance Expense: $5,000.00
  • Maintenance Expense: $2,200.00
  • Manager Expense: $5,000.00
  • Electric Expense Source: Actual
  • Expense Year: 2023
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Actual
  • Janitor Expense: 1400
  • Manager Expense Source: OP
  • Other Expense Source: Owner Projection
  • Repairs-Decor Expense Source: Owner Projection
  • Trash Expense Source: Actual
  • Total Monthly Income: 12273
  • Water Expense Source: Actual
  • Net Operating Income: $106,887.00
  • Operating Expense: $40,456.00
  • Other Expense: $5,000.00
  • Trash Expense: $2,300.00
  • Water Sewer Expense: $2,300.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 2
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 3
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 1413 West Taylor Street

DateEvent & SourcePriceAppreciation
Oct 10, 2024

Sold

MRED #12027253

$1,450,000
Oct 4, 2024

Pending

MRED #12027253

Oct 4, 2024

Contingent

MRED #12027253

DateEvent & SourcePrice
10/10/2024

Sold

MRED #12027253

$1,450,000
10/04/2024

Pending

MRED #12027253

10/04/2024

Contingent

MRED #12027253

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1413 West Taylor Street

Taxable ValueLand$17,976Additions$103,518Total$121,494
Tax Record2023$19,138 ($1,595 / month)
Home Facts
Baths6Total Finished SqFt5,626 SqFtAbove Grade Finished SqFt5,626 SqFtStories3Lot Size3,210 SqFtStyleMulti-Family Res (5+ Units)Year Built1914CountyCOOKAPN17-17-325-016

Schools near 1413 West Taylor Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - 4 to 8
Rating
School
Distance
Smyth J Elementary School
PublicPK to 8

Wells Community Academy High School
Public9 to 12

STEM Magnet Academy Elementary
PublicK to 8

Montefiore Special Elementary School
Public4 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of New West Realty Partners LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/11/2024 08:50 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.