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$745,000
Est. payment /mo
8 Beds
4 Baths
2,613 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12320898
Bedrooms 8
Annual Tax Amount $10,598
Tax Year 2023
Lot Size 2,613 Sqft
Lot Dimensions 25X100
Property Sub-Type Two to Four Units
Property Description
Rarely available, this classic brick 3-unit in the highly desirable Heart of Chicago section of Pilsen offers strong upside for both investors and owner-occupants. The building includes two 2 bed / 1 bath units on the first floor (front and rear), and a spacious 5 bed / 2 bath top-floor apartment that's perfect for an owner's unit or high-rent tenant. The top unit features interior stairs to a large unfinished attic, offering excellent potential to duplex up and significantly increase value and rent. Currently, both the top-floor unit and the rear 2 bed unit are vacant, making this a unique opportunity to lease, or live in while generating income. An unfinished basement with roughed-in plumbing for a bathroom, rear egress, and common laundry area offers additional expansion potential. Located in one of Pilsen's most vibrant pockets, this block of Oakley is home to a Restaurant Row with six fine dining establishments and cozy cafes. Just a short walk to Pete's Grocery, the PINK Line, and moments from 18th Street shops, Thalia Hall, etc. With two vacant units, expansion potential, and a rapidly appreciating location, this property is a rare chance to invest or settle in one of Chicago's most exciting neighborhoods
Location
State IL
County Cook
Area Chi - Lower West Side
Rooms
Basement Partially Finished, Full, Walk-Out Access
Interior
Heating Natural Gas, Forced Air, Steam
Fireplace N
Exterior
Community Features Curbs, Sidewalks, Street Lights, Street Paved
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Jaime Campos • RE/MAX LOYALTY