Price$3,250,000
MLS Number 11383125
Location! Location! Beautiful New east Pilsen 6 Flat! 2020 Build with Remarkable craftsmanship, each unit is adorned with modern selections, & White Oak flooring throughout. Great investment with amazing projected equity!
Listed by Eric Barry of Chase Real Estate LLC
Price$1,725,000
MLS Number 11268295
Recently renovated in Pilsen, SIX 2 bed + 1 bath units on one master lease on top of a brand new restaurant. Apartments all updated with stainless steel appliances, granite counter-tops, new flooring and individualized utilities, they are all on a Master lease with one owner. The commercial tenant is on a five year lease which has commenced and extends to 2023. Property is located right in the heart of Pilsen on 18th street and centrally located around other recent renovations and development projects.
Listed by Milan Rubenstein of CHICAGOLAND BROKERAGE,LLC
Price$1,599,000
MLS Number 11254828
All brick 8 unit plus commercial in the heart of east pilsen. 8 apartments with 1 store front on 18th. 2 blocks from the "l" - close to 90/94/55 and half a block off ashland and 18th.
Listed by Milan Rubenstein of CHICAGOLAND BROKERAGE,LLC
Price$1,500,000
MLS Number 11630732
Location! Location! Location! Investors, come view this unique 7-unit property on this beautiful oversized lot, in the vibrant Pilsen neighborhood. This unique property has lots of potential and is in close proximity to downtown Chicago and has easy access to public transportation. All units are currently occupied. Pilsen was ranked as one of the 12th trendiest neighborhoods in the world by Forbes. Recent development includes galleries, performance venues, bars, restaurants, and colorful street murals. The proposed El Paseo Trail is a 4.2-mile-long, multi-use path that will run northeast and southwest, located in the Pilsen and Little Village neighborhoods of Chicago. The proposed trail will follow the existing Burlington Northern Santa Fe (BNSF) rail line. This trail may be completed in 2023. * more information about occupied units is available
Listed by Rosaura Alfaro of Coldwell Banker Real Estate Group
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Price$1,499,000
MLS Number 11720675
Opportunity to purchase a 2 building, 6 unit property available in a great Pilsen location with an incredible mural by a local artist. Fully rehabbed in 2017-2018, everything was updated with new plumbing, electric, mechanicals, roof, windows, kitchens, baths and more in 5 out of 6 units. Zoning B2-3 allows for either commercial or residential in the un-renovated storefront unit. The apartments are thoughtfully designed with an artistic aesthetic, offer great light, floor plans, and rent very easily. Hardwood floors, in-unit laundry, lots of storage in units as well as in the basement, and outdoor spaces. Run as a turn-key passive investment, owner occupy, or add value in the commercial/residential space are all possibilities. Inquire for more information on low interest assumable mortgage and how to come see it in person!
Listed by Lucas Blahnik and Anthony Flora of @properties
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Price$1,499,000
MLS Number 11723939
Opportunity to purchase a 2 building, 6 unit property available in a great Pilsen location with an incredible mural by a local artist. Fully rehabbed in 2017-2018, everything was updated with new plumbing, electric, mechanicals, roof, windows, kitchens, baths and more in 5 out of 6 units. Zoning B2-3 allows for either commercial or residential in the un-renovated storefront unit. The apartments are thoughtfully designed with an artistic aesthetic, offer great light, floor plans, and rent very easily. Hardwood floors, in-unit laundry, lots of storage in units as well as in the basement, and outdoor spaces. Run as a turn-key passive investment, owner occupy, or add value in the commercial/residential space are all possibilities. Inquire for more information on low interest assumable mortgage and how to come see it in person!
Listed by Lucas Blahnik and Anthony Flora of @properties
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Price$1,200,000
MLS Number 11676269
Great opportunity to own this gut rehabbed 5 unit apartment building located in the Heart of Pilsen. Great mix of units, (2) 1BR/1 bath, (2) 3BR/2 bath and a huge 3BR/2.5 bath duplex coach house. Fully permitted gut rehab finished in 2018. All new everything; plumbing, electric, kitchens, baths, windows, porches, gas pipes, water service, sewer service, electric service. All apartments have stainless steel appliances, quarts counters, hardwood floors, full size Washer/Dryers in unit, individually controlled high efficiency central heat/AC, dishwashers, garbage disposals, individual hot water tanks and more. Prime location right in the heart of vibrant Pilsen...walk to everything. Great tenants in place, with upside in the rents in a consistently strong rental market.
Listed by David Ryan of Homesmart Connect LLC
Price$1,200,000
MLS Number 11730713
Propitious investment possibility in Pilsen! Six total units housed in two buildings: two 1Bd/1Bth units on the first floor (470 and 430 sf) and 2Bd/2Bth unit each on the second and third floors (810 and 850 sf) in the front building; 2Bd/1Bth unit each on the first and second floors (1440 and 1430 sf) of the rear building. Utilities separated. Family-occupied building with one MTM tenant; all units can be vacated immediately to rent as is, make cosmetic changes to rent out at higher rent or gut rehab/develop extensively, e.g. utilize the attic space in the front and rear buildings, duplex to the full basement of the rear building, etc. Can move to RM-5.5 (FAR of 2.5) to increase rentable space; presently FAR is at 1.89. This zoning change progress can be provided. Walk in minutes to Blue Island and 18th St bus stops, restaurants, shops and the public library. Drive in minutes to 90/94. 290 and 55.
Listed by Charles Son of Elite Group Realty & Investment Inc
Price$970,000
MLS Number 11639125
Current ownership had planned to submit for a zoning change to B2-3 with variations to build a 20-units in a 5 story building with parking for 16 cars. Conceptual plans are complete and alderman has shown support for more density in the area. Currently there is a 5,000 SF garage space with a side lot for additional parking, a rare find in East Pilsen. The property can also be utilized for logistics or warehouse with and features 2 drive in doors on 16th Street. Located in the heart of Chicago's Pilsen neighborhood just off the corner of 16th & Miller, the site features unobstructed views of Chicago's skyline. Pilsen is known for its vibrant murals, stunning turn-of-the-century architecture, art galleries, and its rich heritage. It's strategically located and is just blocks to I-90/94, I-55 & I-290. Tenants also have easy access to the Metra Station, CTA Pink Line and Orange Line. Illinois Medical District and UIC are both within walking distance making the site perfect for a redevelopment into apartments or condo's.
Listed by Angelo Labriola of Sperry Van Ness
Price$970,000
MLS Number 11639130
Current ownership had planned to submit for a zoning change to B2-3 with variations to build a 20-units in a 5 story building with parking for 16 cars. Conceptual plans are complete and alderman has shown support for more density in the area. Currently there is a 5,000 SF garage space with a side lot for additional parking, a rare find in East Pilsen. The property can also be utilized for logistics or warehouse with and features 2 drive in doors on 16th Street. Located in the heart of Chicago's Pilsen neighborhood just off the corner of 16th & Miller, the site features unobstructed views of Chicago's skyline. Pilsen is known for its vibrant murals, stunning turn-of-the-century architecture, art galleries, and its rich heritage. It's strategically located and is just blocks to I-90/94, I-55 & I-290. Tenants also have easy access to the Metra Station, CTA Pink Line and Orange Line. Illinois Medical District and UIC are both within walking distance making the site perfect for a redevelopment into apartments or condo's.
Listed by Angelo Labriola of Sperry Van Ness
Price$864,900
MLS Number 11701352
Amazing opportunity to invest in a gem located in the heart of Chicago inside the Pilsen neighborhood steps away from Little Italy! Prime location just a few steps minutes from restaurants, shopping & downtown Chicago! What was once Harris bank of Chicago with remnants in the basement of a built-in vault is now a mixed-used 5-unit building. The front building features a storefront w/full a partially finished basement that is currently being used as a residence. The 2nd & 3rd floors Have 2 spacious high ceilings, 3 bedrooms, and 1 bath apt. The rear building w/2-3 rooms is 1 bedroom bath units..recently updated electric service to the building and a BTU furnace. A must-see. zone B3-1
Listed by Maricela Cuevas of Realty of Chicago
Price$845,000
MLS Number 11663983
Find this great investment opportunity in hot Pilsen! This brick building is a beautifully completed 6 flat with 2 bedrooms & 1 bath in each unit. All units are currently occupied. 5 units include appliances, the 3rd floor has the potential for a duplex with the attic for more income. Separate utilities, fully remodeled, forced air heat, and thermal pane windows. Nothing to do but collect rent! Schedule your showings today!
Listed by Maria Castillo and Joe Castillo of RE/MAX MI CASA
Based on information submitted to MRED as of March 20, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
