$529,000 Price Analysis    ♡   Chicago, IL 60608 8 bed 8 bath 5,204 SqFt ($101/SqFt) 3,000SqFt lot. Built 1892 Listed 2023-09-15 | Ⓧ USDA Ineligible due to location near Chicago |
Most Desirable Pilsen location within the business shopping district at 18th and Ashland Ave.
With fantastic rental possibilities! A deceptively lrge building with approx. 1, 300 sq. ft. per floor (times 4 levels). You can walk to the 18th St.-PINK Line elevated train station. Minutes from downtown Chicago, lakefront, UIC campus, 18th St. entertainment and restaurants district, Thalia Hall and IL Medical District. This is a legal 4 unit -- totally gutted and with architectural plans and general contractor in place--ready to develop this as 4 floors of living space. Property is currently within 1300 feet of the 18th Street Pink Line elevated train station for transit/parking exemption.
Extra large floorplans. with large 2 bedroom, 2 bath in all 4 floor units. with central heat/AC and in-unit washer/dryer setups. Plans call for rooftop access for penthouse unit--extra value for owner occupied or top rental premium add-on. Property currently vacant for next owner to renovate/develop --the dirty work/demo already completed. Basement has been excavated and dug down to provide for 8 foot ceilings in garden level. Two car garage for off-street parking. Selling As-Is. property gutted and waiting for build permit as 4 unit. 4 rental units that will provide for fantastic cash flow . High demand area in Pilsen. schedule soon for quick showing before it's under contract. Architectural plans can be transferred to purchaser. and general contractor will offer services to new buyer(s) if needed.
Presented by Mike Santore at
Keller Williams THRIVE.
Property MLS #11883142 from MRED
Bedrooms Possible: 8
Basement Features: Full
Basement Description: Unfinished
Full Bathrooms: 8
Patio
Porch
Other Structures: Garage(s)
Lot Size Dimensions: 24 X 125
Lot Size Square Feet: 3000
Garage Description: Detached
Garage Features: Garage Door Opener(s)
Parking Total: 2
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directionsBedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 2
Full Bathrooms in Unit-1: 2
Full Bathrooms in Unit-2: 2
Full Bathrooms in Unit-3: 2
Full Bathrooms in Unit-4: 2
Total Rooms in Unit-1: 5
Total Rooms in Unit-2: 5
Total Rooms in Unit-3: 5
Total Rooms in Unit-4: 5
Unit-1 Square Feet: 1301
Unit-2 Square Feet: 1301
Unit-3 Square Feet: 1301
Unit-4 Square Feet: 1301
Source Listing Status: Active
County: Cook
Directions: Roosevelt Rd. to Ashland Ave., go south of 18th St. on the east side of Ashland Ave.
Tax Year: 2021
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 17203080080000
Township: West Chicago
Property Subtype: Two to Four Units
Source System Name: C2C
$529,000
MRED
Listing removed 2024-03-16
$559,000
MRED
Price Changed 2024-01-14
$559,000
MRED
Listed 2023-09-15
$569,000
MRED
Sold 2021-10-19
$350,000
MRED
Listing removed 2020-11-10
$399,900
MRED
Listing removed 2019-07-12
$499,000
MRED
Listing removed 2019-05-20
$550,000
MRED
Listed 2019-05-20
$499,000
MRED
Listing removed 2019-04-27
$345,000
MRED
Listed 2019-04-27
$550,000
MRED
Listing removed 2018-10-05
$345,000
MRED
Listing removed 2018-05-23
$345,000
MRED
Listed 2018-04-21
$345,000
MRED
Foundation Details: Concrete Perimeter
Property Age: 132
Water Source: Lake Michigan
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.