PRIME PILSEN DEVELOPMENT AND INVESTMENT OPPORTUNITY. Situated in one of Chicago's most sought-after and rapidly evolving neighborhoods, this property offers exceptional potential for investors, developers, and visionaries alike. The existing solid brick, building consists of 6 units (two units on each floor) providing immediate income while plans for future redevelopment are explored. (Units 1F and 1R were used as owner's suite.) Rarely available outdoor patio space and detached 2 car brick garage. With all units leased on a month-to-month basis, buyers benefit from maximum flexibility for repositioning, renovation, or redevelopment. The property's highly desirable location-just steps from public transit, Harrison Park, Illinois Medical District (UIC and Rush), UIC campus, and Pilsen's renowned dining, arts, and cultural scene-makes it an outstanding candidate for long-term appreciation and future development opportunities. Whether your strategy is to generate current cash flow, a value-add renovation, or capitalize on the area's strong redevelopment momentum, this property offers a rare chance to secure a premier site in one of Chicago's most dynamic investment corridors. (Property is zoned RT-4 and is being sold "AS IS".) Serious pre-approved buyers only. Property is tenant occupied - 48 hrs. notice required for all showings.
Multi-familyProperty Type
1888Year Built
3,100 sq ftLot Size
$212Price/Sq.Ft.
Listed by Rosaria Becker• @properties Christie's International Real Estate
Bought with Richard Smith• Smith's Real Estate Services,
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
—
Year renovated
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Sq. Ft.
—
Year built
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Style
Multi-Family (5+ Unit)
County
Cook County
APN
17203020190000
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on May 28, 2025.
RT-4
Residential Two-Flat, Townhouse and Multi-Unit District
The primary purpose of the RT districts is to accommodate detached houses, two-flats, townhouses and low-density, multi-unit residential buildings at a density and building scale that is compatible with RS districts. The districts are intended to be applied in areas characterized by a mix of housing types. The districts are also intended to provide a gradual transition between RS districts and higher density RM districts. The RT districts are differentiated primarily on the basis of allowed density (minimum lot area per unit) and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Public service
Property details
Parking
Parking Information
Indoor Parking: Detached
Interior
Additional Rooms Information
Basement: Unfinished
Unit Type 1 Information
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 5
Monthly Income: $1,000
Monthly Income Max: $1,200
Unit Type 2 Information
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 1
Monthly Income: $1,100
Monthly Income Max: $1,100
Exterior
Building Information
# of Units: 6
Building Unit Info: No Units Furnished
Built Before 1978 (Y/N): Yes
Roof: Composition
Roof Structure: Gable
Construction Materials: Brick
Property Information
Property Type: Multi Family 5+
Ownership Type: Individual
Tenancy Type: Month To Month
Parcel Number: 17203020190000
Land Information
Land Amenities: Sidewalks
Lot Information
Dimensions: 25 x 125
Lot Size Source: County Records
Frontage Type: City Street
Zoning: MULTI
Financial
Tax Information
Tax Annual Amount: $12,255.39
Tax Year: 2024
Financial Information
Finance Code: Blend
Gross Rent Multiplier: 15.8
Total Monthly Income: $6,500
Gross Income: $78,000
Utilities
Utility Information
Electric: Circuit Breakers, Service - 0 to 100 Amps
Heating & Cooling
Heat/Ventilation: Forced Air,Space Heaters
Cooling: Central Air, Window Unit(s)
Location
Location Information
Township: West Chicago
Directions: TAKE ASHLAND AVE NORTH TO 17TH STREET THEN TURN LEFT, EAST TO PROPERTY.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Cook County
APN: 17203020190000
Home facts updated by county records on May 27, 2025
Other
Expense Information
Water Sewer Expense: $2,000
Water Expense Source: Owner Projection
Electric Expense: $2,400
Trash Expense: $400
Insurance Expense: $4,100
Listing Information
Possession: Closing
Some Photos Virtually Staged?: Yes
Around this home
Schools
Pilsen Elementary Community Academy
Public PreK-8 • Assigned • 0.1mi
3/10
Juarez Community Academy High School
Public 9-12 • Assigned • 0.3mi
2/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 99° expected this year, 14 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60608
Average low and high temperatures (°F)
31
17
39
25
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36
62
45
68
53
81
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86
72
81
68
78
63
68
53
52
40
38
24
Jan
Feb
Mar
Apr
May
Jun
Jul
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Sun exposure
64/ 100
Moderate sunlight
Sunscore
This home receives average direct sun exposure in Chicago. There appears to be some shading by surrounding buildings, terrain, and vegetation.