1417 W Cullerton St

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

Description

1417 w. Cullerton is a completely renovated 6-Unit Multifamily building in the heart of Pilsen, Chicago's most desirable Southwest Side neighborhood. This property has a great unit mix consisting: (1) 3 Bedroom 2 Bath, (3) 2 Bedroom 1 Bath (two of which are in the Coach House), & (2) 1 Bedroom 1 Bath units. Each unit has been updated with: Hardwood Floors, Kitchens with SS Appliances & Granite Counter Tops (1 1/4"), Dishwashers, & Bathrooms. Capital improvements include: New windows, New HVAC Systems,...1417 w. Cullerton is a completely renovated 6-Unit Multifamily building in the heart of Pilsen, Chicago's most desirable Southwest Side neighborhood. This property has a great unit mix consisting: (1) 3 Bedroom 2 Bath, (3) 2 Bedroom 1 Bath (two of which are in the Coach House), & (2) 1 Bedroom 1 Bath units. Each unit has been updated with: Hardwood Floors, Kitchens with SS Appliances & Granite Counter Tops (1 1/4"), Dishwashers, & Bathrooms. Capital improvements include: New windows, New HVAC Systems, New Individual Hot Water Tanks, New Porches, New Electric, & New Plumbing. This is a turn-key arm-chair investment that is 100% leased & generates approximately $100,000 in rental income. Offering Memorandum is available in Additional Information.
  1. Listed by Marco • Sperry Van Ness
    P: (312)-756-7895 C: (312)-315-7173 marco.cesario@svn.com

Sold By Sperry Van Ness

Property Details for 1417 West Cullerton Street

Area
CHI - Lower West Side
Township
SOUTH CHICAGO
Num Of Parking Spaces
0.0
Air Conditioning Type
Central Air, Central Individual
Zoning
MULTI
LISTING UPDATED: 05/05/2021 04:46 AM

Property Details for 1417 West Cullerton Street

StatusClosed
MLS #09364050
Days on Market23
Taxes$9,219 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1865
Lot Size0.07 AC / 3,125 SF
CountyCook County

Location

Add your commute

Building Information for 1417 West Cullerton Street

Stories3Residences6Year Built1865Building Size-Lot Size0.07 AC / 3,125 SF

Payment Calculator

$5,155 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,386

Property Taxes

$768

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1417 West Cullerton Street

General Information
Location and General Information
  • Information: 24-Hr Notice Required,Listing Agent Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Central Individual
  • Electric: Circuit Breakers, Separate Meters, Service - 201 to 600 Amps, Power - 120V, Power - 240V
  • # Of Washers: 1
  • Basement Description: Unfinished
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas
  • # Of Refrigerators: 6
  • # Of Dryers: 1
  • # Of Dishwashers: 6
  • Num of Baths: 7.0
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Multi-Family Type: Flats
  • Lot Dimensions: 125X25
  • Lot Size Square Feet: 3125.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Concrete
  • Roof Type: Composition
  • Roof Structure: Pitched,Wood Joists
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 5000
  • # Of Ranges: 6
Property and Assessments
  • Documents Available: Backup Package
  • Photos Count: 19
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: $450.00
  • Fuel Expense: $661.00
  • Gross Income: $99,600.00
  • Gross Scheduled Income: $97,620.00
  • Insurance Expense: $1,800.00
  • Maintenance Expense: $1,200.00
  • Electric Expense Source: Broker Projection
  • Expense Year: 2015
  • Total Annual Expense Source: Combination
  • Fuel Expense Source: Broker Projection
  • Insurance Expense Source: Broker Projection
  • Janitor Expense: 1200
  • Net Operating Income Year: 2015
  • Other Expense Source: Broker Projection
  • Repairs-Decor Expense Source: Broker Projection
  • Trash Expense Source: Broker Projection
  • Total Monthly Income: 8135
  • Water Expense Source: Broker Projection
  • Net Operating Income: $71,530.00
  • Operating Expense: $26,090.00
  • Other Expense: $9,066.00
  • Trash Expense: $958.00
  • Water Sewer Expense: $1,235.00
Unit 1
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 3
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 2
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 1417 West Cullerton Street

DateEvent & SourcePriceAppreciation
Nov 21, 2024

Sold

MRED #12162925

$1,135,000
Oct 3, 2024

Pending

MRED #12162925

Oct 3, 2024

Contingent

MRED #12162925

Sep 12, 2024

Listed (Active)

MRED #12162925

$1,185,000
Jan 4, 2017

Sold

MRED #09364050

$900,000
Nov 2, 2016

Pending

MRED #09364050

Oct 11, 2016

Listed (Active)

MRED #09364050

$925,000
Oct 15, 2014

Sold

MRED #08698906

$475,000
Oct 3, 2014

Pending

MRED #08698906

Sep 12, 2014

Listed (Active)

MRED #08698906

$575,000
DateEvent & SourcePrice
11/21/2024

Sold

MRED #12162925

$1,135,000
10/03/2024

Pending

MRED #12162925

10/03/2024

Contingent

MRED #12162925

09/12/2024

Listed (Active)

MRED #12162925

$1,185,000
01/04/2017

Sold

MRED #09364050

$900,000
11/02/2016

Pending

MRED #09364050

10/11/2016

Listed (Active)

MRED #09364050

$925,000
10/15/2014

Sold

MRED #08698906

$475,000
10/03/2014

Pending

MRED #08698906

09/12/2014

Listed (Active)

MRED #08698906

$575,000

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

Schools near 1417 West Cullerton 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 - 9 to 12
Rating
School
Distance
Pilsen Elementary Community Academy
PublicPK to 8

Juarez Community Academy High School
Public9 to 12

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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sperry Van Ness

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 05/05/2021 04:46 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.