1140 West Taylor Street

Chicago, IL 60607

$1,425,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Updated 3 flat building with student tenants under lease through 7/31/24. 8 total bedrooms and a commercial tenant on the first floor under a long term lease. See rent roll under additional documents. These units stay occupied due to high demand for student housing in this neighborhood with the University of Illinois at Chicago campus so close and this property has excellent proximity to downtown Chicago and the Lakefront. This property is part of a larger portfolio of student housing properties...Updated 3 flat building with student tenants under lease through 7/31/24. 8 total bedrooms and a commercial tenant on the first floor under a long term lease. See rent roll under additional documents. These units stay occupied due to high demand for student housing in this neighborhood with the University of Illinois at Chicago campus so close and this property has excellent proximity to downtown Chicago and the Lakefront. This property is part of a larger portfolio of student housing properties all located in the same neighborhood.
  1. Listed by Michael Galvan • Baird & Warner

Property Details for 1140 West Taylor Street

Area
CHI - Near West Side
Township
West Chicago

Location

Listing Courtesy of Baird & Warner
Add your commute
LISTING UPDATED: 04/04/2024 09:58 AM

Property Details for 1140 West Taylor Street

StatusActive
MLS #11869114
Days on Market223
Taxes$13,921 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1893
Lot Size0.07 AC / 3,000 SF
CountyCook County

Location

Listing Courtesy of Baird & Warner
Add your commute

Building Information for 1140 West Taylor Street

Stories-Residences3Year Built1893Lot Size0.07 AC / 3,000 SF

Payment Calculator

$8,937 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,777

Property Taxes

$1,160

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1140 West Taylor Street

General Information
Addtl Parking Information
  • Open Parking Spaces: 4.0
Location and General Information
  • Geographic Locale: Chicago West
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Individual
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Heat/Indiv Controls
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
Property/Lot Information
  • Tenant Pays: Other
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Lot Dimensions: 25 X 120
  • Lot Size Square Feet: 3000.0
  • Stories: 3
  • Fire Protection: Fire Extinguisher/s
  • # Of Offices: 0
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 2
  • Document Date: 2023-10-08T22:00:55
  • Photos Count: 4
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $5,000.00
  • Fuel Expense: $.00
  • Gross Income: $141,432.00
  • Gross Scheduled Income: $141,432.00
  • Insurance Expense: $2,000.00
  • Total Monthly Income: 11786
  • Other Expense: $1,500.00
  • Trash Expense: $.00
  • Water Sewer Expense: $1,500.00

Property History for 1140 West Taylor Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1140 West Taylor Street

Taxable ValueLand$13,099Additions$55,900Total$68,999
Tax Record2022$14,240 ($1,187 / month)
Home Facts
Baths3.5Total Finished SqFt4,032 SqFtAbove Grade Finished SqFt4,032 SqFtStories3Lot Size2,911 SqFtStyleMulti-Family Res (5+ Units)Year Built1891CountyCOOKAPN17-17-417-044

Schools near 1140 West Taylor Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - K to 8
Rating
School
Distance
Smyth J Elementary School
PublicPK to 8

Wells Community Academy High School
Public9 to 12

Jackson A Elementary Language Academy
PublicK 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1140 West Taylor Street is a mixed use property for sale in Chicago, IL 60607. This property was listed for sale on October 5, 2023 by Baird & Warner, it's currently listed at $1,425,000. It has been on the market for a total of 223 days and was last sold on May 11, 2017. This listing's school district is City Of Chicago School District 299. Nearby schools include Smyth J Elementary School, Wells Community Academy High School and Galileo Elementary Math & Sci Schol Acd. 1140 West Taylor Street is a 0-bed, 0-bath, mixed use property built in 1893.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baird & Warner

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. Based on information submitted to the MLS GRID as of 04/04/2024 09:58 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.