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1001 W 16th Street
Chicago IL 60608 US

$885,000

Active Under Contract Listing ID 12461258
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4 bed
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$885,000

Active Under Contract Listing ID 12461258
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1001 W 16th Street Turn-Key 4-Unit in East Pilsen | Fully Renovated | Prime Location! Rare opportunity to own a fully gut-renovated (2017) 4-unit income property in sought-after East Pilsen-a neighborhood known for its art, culture, and proximity to everything. Just steps from new condo developments and walkable to restaurants, galleries, shopping, nightlife, and Downtown/West Loop. All one-bedroom units feature stainless steel appliances (stove, microwave, refrigerator, dishwasher), central heat and air, in-unit washer/dryer, a shared backyard common area, and the building is secured by a 24-hour security system. Each unit has a private storage space in the basement, and parking spaces are available at an additional cost $50/mo. The building is fully separately metered, with tenants paying their own gas and electric. Owner just pays water! Updated systems, curated long-term tenants, and no deferred maintenance. Ideal for 1031 exchange, owner-occupant, or investor seeking a stabilized, headache-free asset with appreciation upside. Clean financials. A fully renovated, stabilized asset offering consistent income today and long-term upside in the heart of dynamic East Pilsen. Pre-approval or proof of funds required to schedule a viewing.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Corner Lot
  • Roof Type: Flat
  • Heating Fuels: Forced Air, Natural Gas

School Information

  • School
  • Jungman Elementary School(Elementary)
  • Jungman Elementary School(MiddleSchool)
  • Juarez High School(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 885000
  • unparsedaddress: 1001 W 16th Street
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60608
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Shea Rousselle
  • listagentemail: sheametro@yahoo.com
  • listagentkey: 3yd-MREDIL-186365
  • listagentmlsid: 186365
  • listagentpreferredphone: 3129197912
  • listagentofficephone: 3129395253
  • listofficekey: 3yd-MREDIL-86995
  • listagentstatelicense: 475176729
  • listofficemlsid: 86995
  • disclaimer: Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • listingcontractdate: 2025-09-05
  • listagenturl: http://kalerealty.com
  • countyorparish: Cook
  • parcelnumber: 17204030320000
  • elementaryschool: Jungman Elementary School
  • highschool: Juarez High School
  • elementaryschooldistrict: 299
  • middleorjuniorschooldistrict: 299
  • highschooldistrict: 299
  • heating: Forced Air, Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 3
  • roof: Flat
  • waterfrontyn: False
  • exteriorfeatures: Corner Lot
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Kale Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"sheametro@yahoo.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Lyle@kalerealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/a2a01761336e11e8b7100242ac110005/20190701172450784.png", "ListBrokerageName":"Kale Realty", "ListBrokeragePhone":"(312) 939-5253", "ListBrokeragePostalCode":"60614", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2447 N Ashland", "ListBrokerageWebsiteUrl":"http://kalerealty.com", "ListOfficeAddress1":"2447 N. Ashland Ave.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"138308", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":"Lyle@kalerealty.com", "ListOfficePostalCode":"60614", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income - Chicago, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1001-W-16th-St_Chicago_IL_60608_M85395-49606?f=listhub&s=MREDIL&m=12461258&c=rexren", "MLSModificationTimestamp":"2025-10-18T12:44:01Z", "Neighborhoods":[{"Description":null, "Name":"CHI - Lower West Side"}], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Residential Income", "RoomCount":12, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":12026, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/18/2025 6:08:01 PM GMT
Source Updated Date: 12/5/2025 12:40:34 PM GMT

Courtesy of: Shea Rousselle, Kale Realty, sheametro@yahoo.com

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.