Chicago, IL 60612,14 S Leavitt ST
Chicago, IL 60612,14 S Leavitt ST
Chicago, IL 60612,14 S Leavitt ST
Chicago, IL 60612,14 S Leavitt ST
Chicago, IL 60612,14 S Leavitt ST
Chicago, IL 60612,14 S Leavitt ST
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Tony Ciancanelli

Tony Ciancanelli

+1(708) 670-6334
$ 1,850,000
Est. payment | /mo

8,000 SqFt

Save
$ 1,850,000
Est. payment | /mo
Save

8,000 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 8,000 sqft

Price per Sqft $231

MLS Listing ID 12470440

Year Built 2004

Annual Tax Amount $20,903

Tax Year 2024

Lot Size 3,049 Sqft

Lot Dimensions 25X132

Property Sub-Type Multi Family 5+

Property Description

Rare opportunity to find a newer construction apartment building at this price point with upside opportunity. This impressive 7-unit property, originally built as condos in 2004, offers an attractive real estate investment in a prime location. This solid brick and block construction building features elevator service to all floors. The building consists of six spacious 2-bedroom, 2-bathroom units and 1 store front (or 7th apt) and 6 attached garage spaces. The 7th unit features a separate entrance from the sidewalk, making it ideal for a small business office space or short-term rental. Located on the Near West Side of Chicago, walking distance to the United Center Arena, Madison St bus lines, Illinois Medical District, and expressways. Tenants will love the easy commutes and convenient access to amenities, entertainment, and transportation. Rents are considerably below market and present the opportunity to increase cash flow and ultimately property value, with new leases. We project an NOI of $143,006 and corresponding CAP rate of 7.7 when new rents are put in place. With its newer construction, prime location, feature-rich units, and the potential for future rent growth & value enhancement, this 7-unit apartment building represents a solid investment choice. Call today.

Location

State IL

County Cook

Area Chi - Near West Side

Zoning MULTI

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick,Concrete

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Kevin Hinton of  Keller Williams ONEChicago 

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    STEM Magnet Academy Elementary School

    Public | KG - 5

  • 10

    Skinner Elementary School

    Public | PK - 5

  • 10

    Skinner North Elementary School

    Public | KG - 6

  • 10

    Lincoln Elementary School

    Public | KG - 8

  • 9

    Cardenas Elementary School

    Public | PK - 3

  • 9

    Jackson a Elementary Language Academy

    Public | KG - 8

  • 9

    Galileo Elementary Math & Science Schol Acd

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  • 9

    Sheridan Elementary Math & Science Academy

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  • 9

    Healy Elementary School

    Public | PK - 8

  • 8

    Mitchell Elementary School

    Public | PK - 8

  • 8

    Lasalle II Lang Academy Elementary School

    Public | PK - 8

  • 8

    Burr Elementary School

    Public | PK - 8

  • 8

    Perez Elementary School

    Public | PK - 8

  • 8

    Mayer Elementary School

    Public | PK - 8

  • 8

    Lasalle Elementary Language Academy

    Public | KG - 8

  • 7

    Locke a Elementary Charter Academy

    Public | PK - 8

  • 7

    Pulaski International School of Chicago

    Public | KG - 8

  • 7

    Columbus Elementary School

    Public | PK - 8

  • 7

    Pritzker Elementary School

    Public | KG - 8

  • 6

    Frazier Perspectives Magnet Elementary School

    Public | KG - 8

Middle Schools 7
  • 10

    Young Magnet High School

    Public | 7 - 12

  • 7

    Orozco Elementary School

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  • 7

    Ogden Intermediate High School

    Public | 6 - 12

  • 4

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  • 3

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  • 2

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  • 0

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  • 9

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  • 9

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  • 8

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  • 6

    Crane Medical Preparatory High School

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  • 5

    North Lawndale Charter High School

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  • 5

    Clemente Community Academy High School

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  • 4

    Marshall Metropolitan High School

    Public | 9 - 12

  • 4

    Spry Community Links High School

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  • 4

    Manley Career Academy High School

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  • 4

    Ihsca Charter High School

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    Wells Community Academy High School

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  • 2

    Raby High School

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  • 1

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Tony Ciancanelli

Helping buyers and sellers move with convidence 

+1(708) 670-6334

tony.ciancanelli@exprealty.com

1000 Essington Rd, Joliet, IL, 60435-2841, USA

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14 S Leavitt ST