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1337 W Huron StChicago, IL 60642
1337 W Huron St, Chicago, IL 60642, USA
Asset ClassMultifamily
# Units8
Turnkey 8-Unit in Prime West Town
overview of deal

Overview

1337 W Huron is an 8-unit multifamily building strategically located in West Town, one of Chicago's most sought-after rental markets. The property offers a well-balanced unit mix of four one-bedrooms, three two-bedrooms, and one three-bedroom unit across approximately 9,000 square feet. All units are in turnkey condition, providing immediate access to steady cash flow without the burden of deferred maintenance or renovation costs. This asset represents a compelling investment opportunity in a supply-constrained market with proven rental demand. The building benefits from West Town's thriving retail and dining scene, along with convenient Blue Line access for downtown connectivity. Additionally, the property is located within Chicago's ADU pilot program area, presenting the potential to add an accessory dwelling unit and further enhance income generation. Investors are acquiring a stabilized property in a neighborhood where quality multifamily buildings rarely become available, backed by strong fundamentals and consistent tenant demand that supports long-term value creation.

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Investment Highlights

  • Blue Line and Ashland CTA stops provide excellent transit connectivity
  • Below-market rents with immediate upside potential
  • In-unit washer/dryer and granite countertops in all units
  • Separately metered utilities minimize owner expenses
  • Central air and updated electrical throughout
  • Copper plumbing throughout building
  • Two dedicated parking spaces included
  • Basement ADU conversion potential
  • Four-story walk-up building
  • Direct highway access via I-90 and I-290
  • Steps from Eckhart Park
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1337 W Huron StChicago, IL 60642

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Listing provided by Revere CRE