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  • $800,000

    2244 W Taylor St, Chicago, IL 60612

    8beds
    --sqft
    Multi Family
    Built in 1991
    -- sqft lot
    $928,100 Zestimate®
    $--/sqft
    $3,224 Estimated rent

    Home value

    $928,100

    $845,000 - $1.02M

    $3,224/mo

    Zestimate® history
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    What's special

    All-brick buildingNew ss appliancesNew kitchenQuartz countertopsFront and back entrancesNew wood laminate flooringOff-street parking spots
    Fantastic investment opportunity w/ this high-quality 3-flat (built by Senan Nugent) in the heart of the Tri-Taylor area. Well maintained, ALL-BRICK building w/ incredible appreciation potential, due to its close proximity to the Illinois Medical District, West Loop, United Center, downtown Chicago, highways and public transportation. Unit 1 (middle floor) and unit 2 (top floor) each have 3BD, 1.5BA, 1,200 sqft. Unit G (garden apt) has 2BD, 1BA, 900 sqft. Unit 1 recently remodeled w/ new kitchen, baths, new wood laminate flooring throughout. Kitchen includes new cabinets, quartz countertops, new sink/faucet and all new SS appliances. Estimated rental value is $2600/mo, but this unit is currently vacant to facilitate the sale. New owner has option to move in, or rent out all three units. Unit 2 is rented for $2274/mo. thru July 2025. Unit G is rented for $1993/mo. thru August 2025. Each unit is equipped with central heat and A/C. All units have front and back entrances, and separate gas and electric meters. Tenants pay all utilities, except water/sewer. Shared coin-laundry room behind unit G, with access via rear, ground-level door. The property also includes space for two (2) off-street parking spots in back of bldg--an addntl source of income if utilized. The Tri-Taylor area enjoys fast turnaround on rentals, low vacancy rates and excellent rents due to its prime location and abundant tenant pool from the Illinois Medical District--the largest medical district in North America, w/ four (4) major hospitals, and two (2) medical universities. This area is thriving, with tons of new developments. The neighborhood is also filled with parks and great outdoor recreational areas. Walking distance to Rush Univ Med Ctr, Stroger Cook County Hospital, VA Medical Ctr, UIC campus, Blue line "L" station and multiple CTA bus routes. Minutes to all the restaurants in Little Italy and downtown Chicago, and close to major highways (I-290, I-90/94). This building is professionally managed, and it shows; all mechanicals in good order.

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    William Spanos 847-989-9615,

    EHomes Realty, Ltd

    Bought with:

    Bosede Enyiema

    Coldwell Banker Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12164661MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    Heating
    • Natural Gas, Forced Air
    Features
    • Basement: None

    Property

    Parking
    • Total spaces: 2
    • Parking features: Unassigned, On Site
    Lot
    • Size: 2,400 sqft
    • Dimensions: 24X100
    Details
    • Parcel number: 17183160670000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Rubber
    Condition
    • New construction: No
    • Year built: 1991
    • Major remodel year: 2024

    Utilities & green energy

    • Sewer: Storm Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/1/2024Sold$800,000-3%
    Source: MRED as distributed by MLS GRID #12164661 Report a problem
    10/9/2024Contingent$825,000
    Source: MRED as distributed by MLS GRID #12164661 Report a problem
    10/1/2024Price change$825,000-1.8%
    Source: MRED as distributed by MLS GRID #12164661 Report a problem
    9/17/2024Listed for sale$840,000+30.8%
    Source: MRED as distributed by MLS GRID #12164661 Report a problem
    1/8/2009Listing removed$642,000
    Source: NRT Chicago #06941505 Report a problem
    6/27/2008Listed for sale$642,000+156.8%
    Source: NRT Chicago #06941505 Report a problem
    8/12/1994Sold$250,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $71,000 -5.3%
    2023$15,177 +2.7%$75,000
    2022$14,773 +2.2%$75,000
    2021$14,459 +33.2%$75,000 +45.2%
    2020$10,855 -1.4%$51,669 -11%
    2019$11,012 +1.7%$58,056
    2018$10,824 +16%$58,056 +24.7%
    2017$9,329 +5.7%$46,562
    2016$8,826 -1.7%$46,562 -9.8%
    2015$8,974 +5.6%$51,595 +6.7%
    2014$8,495 +2.2%$48,355
    2013$8,316 +1.1%$48,355
    2012$8,229 -18.6%$48,355 -27.2%
    2011$10,114 +0.9%$66,454
    2010$10,025 +6.2%$66,454
    2009$9,437 +4.1%$66,454 -4.9%
    2008$9,063 +5%$69,896
    2007$8,628 +9%$69,896
    2006$7,913 +20.7%$69,896 +62.7%
    2005$6,558 +1.9%$42,950
    2004$6,435 -5.3%$42,950
    2003$6,796 -0.6%$42,950 +12.8%
    2002$6,841 +3.8%$38,075
    2001$6,593 -2.7%$38,075
    2000$6,778 +5.5%$38,075 +7.9%
    1999$6,424 $35,281

    Find assessor info on the county website

    Neighborhood: Illinois Medical District

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $928,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $928,100