Corner Apartment Building with 17
3548 W 15th st Chicago, IL 60623
For Sale
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Corner multifamily building with individually heated units and recently updated interiors and systems.
Days on Market107
Property Features for 3548 W 15th st
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing Agency:
NellyCorp Realty
Listed By:
Jose Juarbe · License #IL 475.149958
Source:
Crexi
Added: Apr 10
Changed: Jul 20
Last Checked: Jul 22 at 7:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NellyCorp Realty
Investment Insights
Based on property information with market context.
This corner apartment building contains 17 income-producing units, with interior improvements reported across the rehabbing process, including HD floors, new kitchens, new baths, new electrical, new plumbing, and high-efficiency furnaces. The offering also includes exterior and infrastructure updates such as a newly tear-off roof and a new porch, and landscaping is noted as part of the improvements. The building is described as 100% stabilized for the last eight years, with tenants currently reported as 85% occupied.
Tenants are described as primarily Section 8, with rents deposited into the owner’s bank account on the first of each month for the Section 8 units, and the remainder at market rates. The rent profile and occupancy are presented alongside the reported presence of three additional (illegal) garden units, for a total of 20 units.
Each unit is reported to have an individual high-efficiency furnace, supporting independent heating by unit. The current configuration and stabilization status are presented as central attributes of the property.
Tenants are described as primarily Section 8, with rents deposited into the owner’s bank account on the first of each month for the Section 8 units, and the remainder at market rates. The rent profile and occupancy are presented alongside the reported presence of three additional (illegal) garden units, for a total of 20 units.
Each unit is reported to have an individual high-efficiency furnace, supporting independent heating by unit. The current configuration and stabilization status are presented as central attributes of the property.
Key Highlights
- 17‑unit corner multifamily building with 100% stabilized history for the last 8 years
- Each unit has an individual high‑efficiency furnace
- Recently rehabbed units featuring HD floors, new kitchens, new baths, new electrical and new plumbing
Property Analytics
Location Intelligence
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Apartment buildings
FAQs
What type of property is this?
Apartment building - Corner multifamily building with individually heated units and recently updated interiors and systems.
Where is this apartment building located?
The property is located at 3548 W 15th st Chicago, IL.
What are key features of this property?
This property features: 17‑unit corner multifamily building with 100% stabilized history for the last 8 years; Each unit has an individual high‑efficiency furnace; Recently rehabbed units featuring HD floors, new kitchens, new baths, new electrical and new plumbing
