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Key Details
Sold Price $620,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11394610
Sold Date 06/18/22
Bedrooms 8
Annual Tax Amount $5,717
Tax Year 2020
Lot Size 2,613 Sqft
Lot Dimensions 25X100
Property Sub-Type Two to Four Units
Property Description
Rarely available Brick 3 Unit Oakley in Pilsen's-Heart of Chicago. Top Floor 4 Bed 2 Bath Makes for an Ideal Owner's Unit Apartment in future(pays $1800 but market value is $2250). This top unit has interior stairs to unfinished attic for a future duplex. First floor walkup level offers 2 leased two bed apartments (front and rear) at $1300 & $1350. The unfinished basement offers Common Laundry and roughed in plumbing for a bathroom and rear exit. The expandability here adds value- if basement and Attic were both finished and duplexed the profitability would even increase this excellent return on investment for years to come in an ideal location to expect appreciation. There are large Possibilities here Given the B3-1 Zoning also. This block Oakley of Pilsen's "Heart of Chicago" Hosts a Restaurant Row of 6 Fine Dining Restaurants&Cafes. Pete's Grocery and other stores are a short walk. This block is Home to the Famous "Heart Of Italy Festival" each June. Much Development Here. Just 1/2 block south a 40+Townhome Development sold out and 40+ Condos been developed within 3 blocks. Location offers Walk to PINK Line(at 21st), Petes' Grocery (at 22nd), Enjoy Pilsen's 18th street cafes/shops- Thalia hall all nearby. Short drive to Whole Food, Icon theatres, etc. in Roosevelt cooridor as well.
Location
State IL
County Cook
Area Chi - Lower West Side
Zoning MULTI
Rooms
Basement Full, Walkout
Interior
Heating Natural Gas, Forced Air, Steam
Fireplace N
Exterior
Exterior Feature Deck, Patio, Porch, Storms/Screens
Community Features Curbs, Sidewalks, Street Lights, Street Paved
Roof Type Asphalt
Building
Lot Description Streetlights
Sewer Public Sewer
Water Lake Michigan, Public
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Eric Hu • Kale Realty