Home Details for 1427 N Mohawk Street

Rare opportunity to acquire a turnkey 3-unit building in the heart of Old Town featuring three beautifully maintained condo-quality residences with strong rental appeal and exceptional flexibility for both investors and owner-occupants. This private listing offers the ideal blend of immediate income potential, quality finishes, and long-term upside in one of Chicago's most sought-after neighborhoods. A new roof completed in Summer 2021, along with many other upgrades during current ownership. Unit 1 is a spacious 3 bedroom / 2.1 bath duplex-down with hardwood floors, updated bathrooms including a primary bath with double vanity, generous living and family room space, and private courtyard/patio space perfect for entertaining. Additional improvements include new upper-level windows and new rooftop windows completed with the 2021 roof replacement. Currently rented as a mid term rental through airBnB. Unit 2 is a bright and inviting 2 bedroom / 2 bath residence featuring hardwood floors, skyline-view balcony, and both bathrooms updated in 2021, including a primary bath with double vanity. Currently rented as a mid term rental through airBnB. Unit 3 is an impressive 3 bedroom / 2 bath penthouse duplex-up with soaring ceilings, hardwood floors, oversized living space, and an updated primary bathroom completed in 2020 with double vanities. This top-floor home offers the feel of a single-family residence and is perfectly suited as an owner's unit or premium rental. Currently rented short term AirBnB. Across all three residences, the property showcases updated baths, hardwood flooring, outdoor space, and large floorplans that attract quality tenants and support long-term value. Ideal for an investor seeking a prime Old Town asset, or an owner-occupant looking to offset expenses with rental income. Currently, the 3 units are separate PINs, with opportunity for new owner to convert to one PIN and reduce taxes. Unbeatable Old Town location just steps from Wells Street dining, boutiques, nightlife, parks, public transportation, and NewCity. A rare chance to own a high-quality multi-unit property in an A+ Chicago location.

• Basement

  • Finished
  • Full

• Heating Information

  • Natural Gas

• Parking

  • Garage