Chicago, IL 60642 1242 W Huron Street

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Presented By: Keller Williams ONEChicago
  • MLS# 12366326
  • 07/22/2025
  • Request Tour
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  • Beds • 6
  • Baths • 6

Home Details

Fully gut-renovated in 2017, this well-maintained 3-flat in West Town is a smart, income-producing asset with a projected $108,000/year in rental income and an estimated 8% cap rate. Each of the three 2 bed / 2 bath units features open-concept living, quartz countertops, white soft-close cabinets, subway tile backsplash, West Elm lighting, hardwood floors, and in-unit laundry. Two of the three units currently tenant-occupied. Tenants pay gas and electric, keeping expenses low. Updates include all new mechanicals, HVAC, windows, and rear porches in 2017. Two exterior parking spaces (one leased and one vacant) and dedicated storage rooms for each unit in the basement add further value. Located steps from Eckhart Park and walking distance to Chicago Ave shopping, dining, nightlife, and the Blue Line. Quick access to 90/94, Fulton Market, the Illinois Medical District, and upcoming developments like Bally's Casino and the United Center expansion. This is a smart, stable, and stylish income-producing property in a high-demand neighborhood with plenty of future upside. Reach out for rent roll and full financials-opportunities like this don't last!
Presented By: Keller Williams ONEChicago

Interior Features for 1242 W Huron Street

Bedrooms

Bedrooms Possible6
Total Bedrooms6

Bathrooms

BathroomDouble Sink, Soaking Tub
Full Baths Building6
Half Baths Building
Total Baths6

Other Interior Features

BasementUnfinished, Storage Space, Full
Total Number of Units3

Other Rooms

Room TypeFoyer

General for 1242 W Huron Street

CityChicago
Community FeaturesSidewalks, Street Lights
Construction MaterialsVinyl Siding, Brick
CountyCook
DirectionsChicago to Elizabeth, Elizabeth south to Huron.
Electric Expense420
Elementary SchoolOtis Elementary School
Elementary School District299
Gross Income108000
HeatingNatural Gas, Forced Air
High SchoolWells Community Academy Senior H
High School District299
Insurance Expense2500
MLS AreaCHI - West Town
Middle/Junior High SchoolOtis Elementary School
Middle/Junior School District299
ModificationTimestamp2025-07-31T15:22:02.812Z
New ConstructionNo
OwnershipFee Simple
PossessionClosing, Tenant's Rights
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount13023.73
Tax Year2023
Total Rooms17
TownshipWest Chicago
Virtual TourClick here
Water Sewer Expense1388
ZoningMULTI

Exterior for 1242 W Huron Street

Lot Dimensions24X92
Parking FeaturesAssigned, Off Alley, Off Street, On Site, Owned
Total Parking2
Water SourceLake Michigan
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Wells Community Academy Senior H High School
Middle School Otis Elementary School

Client Care

Price $1,350,000
MLS#12366326
List Date 07/22/2025
Property Type Multi-Family
Phone 847.485.2500
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