Chicago, IL 60608 2120 W Cullerton Street
$775,000



7 more








Presented By: Sperry Van Ness
Home Details
There is an assumable loan at a rate of 3.125 with a maturity date in July of 2051 for a new buyer to take advantage of. Please inquire for full details. This striking red brick three-unit building underwent a full gut renovation in 2018, completed with permits and attention to every detail. Modern upgrades include central air conditioning, new plumbing and electrical systems, fully redesigned kitchens and bathrooms with contemporary finishes, new flooring throughout, and tankless water heaters. Spacious new master bedrooms, private outdoor spaces, and a shared rear patio offer residents an elevated living experience. The building also features on-site parking for 2-3 vehicles, a premium amenity in the area. The current ownership intends not to renew the Unit 2 lease, providing an ideal opportunity for an owner-occupant to move in and enjoy the property while collecting rental income from the remaining two units. With rents currently positioned below market rates, new ownership has significant potential to increase income through rent adjustments. This is a rare opportunity to acquire a beautifully renovated, income-producing asset with both immediate and long-term upside.
Presented By: Sperry Van Ness
Interior Features for 2120 W Cullerton Street
Bedrooms
Bedrooms Possible9
Total Bedrooms9
Bathrooms
Full Baths Building3
Half Baths Building
Total Baths3
Other Interior Features
BasementNone
Total Number of Units3
General for 2120 W Cullerton Street
CityChicago
Construction MaterialsBrick
CountyCook
DirectionsDamen to Cullerton and 1 1/2 Blocks West - North side of the Street
Elementary School District299
HeatingNatural Gas, Forced Air
High School District299
Insurance Expense1606
MLS AreaCHI - Lower West Side
Middle/Junior School District299
Net Operating Income48734
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusNew
Tax Annual Amount8909
Tax Year2023
Total Rooms18
TownshipWest Chicago
Water Sewer Expense750
Waterfront Y/NNo
Year Built1908
ZoningMULTI
Exterior for 2120 W Cullerton Street
Lot Dimensions24 X 127
Lot Size Acres0.07
Parking FeaturesAssigned, Off Alley, On Site
Total Parking2
Water SourceLake Michigan
Additional Details
Price History
