Chicago, IL 60612 2147 W Adams Street

2147 W Adams Street Chicago, IL - Image 12147 W Adams Street Chicago, IL - Image 22147 W Adams Street Chicago, IL - Image 3
12 more
2147 W Adams Street Chicago, IL - Image 42147 W Adams Street Chicago, IL - Image 52147 W Adams Street Chicago, IL - Image 62147 W Adams Street Chicago, IL - Image 72147 W Adams Street Chicago, IL - Image 82147 W Adams Street Chicago, IL - Image 92147 W Adams Street Chicago, IL - Image 102147 W Adams Street Chicago, IL - Image 112147 W Adams Street Chicago, IL - Image 122147 W Adams Street Chicago, IL - Image 132147 W Adams Street Chicago, IL - Image 142147 W Adams Street Chicago, IL - Image 152147 W Adams Street Chicago, IL - Image 16
Presented By: Compass
  • MLS# 12295254
  • 02/21/2025
  • Request Tour
  • Request Info
  • Beds • 6

Home Details

UNDER CONSTRUCTION. Incredible investment opportunity just steps from the United Center and the future music hall, part of a $7 billion approved neighborhood improvement plan. This six-unit building offers two spacious duplex-down units featuring four bedrooms, three full bathrooms, large windows, and high-end finishes, perfect for commanding premium rental rates. Additionally, there are four modern simplex units with two bedrooms and two bathrooms, boasting bright living spaces and sleek kitchens. Tenants will appreciate the abundance of outdoor space, adding to the property's appeal. Estimated delivery is June -secure tenants early to maximize rental potential. Projected rental income ranges from $19,000 to $20,000 per month, making this an unbeatable investment opportunity in a rapidly developing areaConveniently located near West Loop, Little Italy, United Center and Medical District. Easy access to Eisenhower Expressway / 290, Blue line El Train stop, Western Ave Metra Stop for MD-N, MD-W, & NCS, and CTA buses.
Presented By: Compass

Interior Features for 2147 W Adams Street

Other Interior Features

Total Fireplaces

General for 2147 W Adams Street

Additional Parcels Y/NYes
CityChicago
Construction MaterialsBrick, Concrete, Steel Siding
CoolingCentral Individual
CountyCook
DirectionsDrive on Damen turn to Adams
ElectricSeparate Meters
Electric Expense720
Fuel Expense
Gross Income235116
Insurance Expense4464
Lot Size Square Feet9820
MLS AreaCHI - Near West Side
MaintenanceExpense1200
Net Operating Income170271
Number Of Units Total6
Operating Expense64845
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofRubber
Standard StatusActive
StatusNew
Stories3
Tax Year2023
Tenant PaysElectricity, Heat
Trash Expense2520
Water Sewer Expense2880
Year Built2025
ZoningMULTI

Exterior for 2147 W Adams Street

Foundation DetailsConcrete Perimeter
Lot Dimensions40X125

Additional Details

Price History

Client Care

Price $2,995,000
MLS#12295254
List Date 02/21/2025
Property Type Multi-Family
Phone 847.485.2500
Request Tour
Request Info
Visit My Website

Similar Properties to 2147 W Adams Street