1616 N WESTERN Avenue, Chicago, IL 60647

1616 N WESTERN Avenue, Chicago, IL 60647

0 beds 0 baths 0 Sqft

Overview Neighborhood Amenities Price details

Property Off Market

Off Market

Description:

Off Market - Not for sale

Note: This property is not currently for sale or for rent on beycome. The description below may be from a previous listing.

Introducing a prime investment opportunity in Bucktown, this newer 10-unit building is a testament to modern luxury and urban convenience. Each extra-wide condo-quality apartment boasts high ceilings, balconies, hardwood floors, granite countertops, and 42-inch cabinets with stainless steel appliances, creating a sophisticated living experience. Oversized windows flood each unit with natural light, enhancing the spacious rooms and elegant interiors. The building includes eight storage units and nine attached garage spots, ensuring ample convenience for residents. Currently, the property is fully occupied with long-term, high-quality tenants, offering stability and immediate rental income. There is significant potential to increase rental rates, supported by the upscale design and desirable location. Featuring eight upscale residential units and two commercial spaces, each with separate tax IDs, this property offers versatility and investment security. Situated near the Blue Line and Western Avenue CTA stop, residents enjoy easy transit access, while the vibrant neighborhood boasts trendy restaurants, fashionable boutiques, art galleries, and music venues, enriching the local lifestyle and attracting a dynamic tenant base.

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Location

* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.

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Facts and features:

Furnished: Unfurnished

Status: Expired

Listed Date: 04/24/2025

Days On Market: 346

Lot Size (Square Feet): 8250

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Structure:

Year Built: 2003

Construction Materials: Brick

Cooling: Central Air

Tax:

Parcel Number: 13364320491001

Zoning: Multi

Score:

-chicago-for-sale-1616 n western avenue, chicago, il 60647-MRED12347320

Mortgage All cash

Monthly expenses $31,887

Property Tax $4,057

HOA Fee $0

Homeowners Insurance $1,160

Due at Close $4,197,750

List price $4,350,000

Closing costs $65,250

beycome Pre-paid title: $99Discover Title Services

beycome Credit Est. $87K

Disclaimer

Information is current as October 9, 2025. Beycome Corp. may modify or discontinue products and benefits without notice. Eligibility and underwriting requirements must be met. 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 Beycome expressly disclaims any liability in connection therewith.

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Customer reviews

Ndakhte N. Oakland Park, FL

Hi Nico and Natalie.. I can't say enough about Beycome and all of the nice service I received. It did sell today for the full asking price less a credit back to the buyer at closing so she'd barely have to come up w/ any money ...

Antoni Paris, Jacksonville, Fl

Great experience great service and very professional people thank you very much for your help and I will use your service in the future. Thanks again. Antoni

Rufus H, Ocala, Fl

My house sold. They saw your For Sale sign in the front yard. Thanks for all your help. Thank you, Rufus H. Saved in comission fee: $7.200

Marc & Staci K., Loxahatchee, Fl

Hi Nancy, We officially close TOMORROW!!!! And yes we got our asking price. With love and gratitude, Mission Accomplished, Closed with beycome in 1 month & 14 days. Amount Saved in commission fees: $25.794.

June M. Jacksonville, Fl

You and I did great. It is now rented. I only spend $40 with your company and saved $1,650.00 by not using a realtor. You were great and hope u feel better. Please remove all ads. Thanks from the bottom of my heart. June 2022