1701 19th Street, Lower West Side, Chicago, Illinois 60608
$547,500
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | 1894 |
| Property Taxes: | $14,990 |
| Days On Market: | 867 |
| Lot Size: | 0,00 |
Description
Welcome to this charming mixed-use property in the heart of Pilsen, Chicago - a dynamic neighborhood renowned for its vibrant cultural scene and artistic flair. This four-unit gem comprises three residential units and a versatile storefront, offering a golden investment opportunity in a prime location. Situated in a bustling area, the property's storefront presents an enticing chance for a local business owner to establish or expand their venture, benefiting from the high foot traffic and bustling street life. Meanwhile, the three residential units, currently occupied by long-term tenants paying below market value rent, offer potential for rental rate adjustments, maximizing returns for prospective buyers. While the property requires some updating, its untapped potential is evident. With renovations and modernization, investors can attract higher-paying tenants, enhancing the overall profitability of the venture. Pilsen's rich history and cultural diversity further add to the appeal of this property, making it a sought-after destination for residents and visitors alike. Beyond its existing charm, the property stands at the forefront of development possibilities, benefiting from the area's ongoing growth and upward trajectory. Its strategic location ensures easy access to an array of trendy cafes, art galleries, restaurants, and other amenities, with downtown Chicago just a stone's throw away via convenient public transportation options. Don't let this opportunity slip away; seize the chance to invest, renovate, and shape the future of this mixed-use property in the thriving community of Pilsen. Schedule a showing today to explore the potential that awaits and make this property your gateway to success.
Property Specifics
| Multi-unit | |
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| 1894 | |
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| Yes | |
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| Cook | |
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| — / — | |
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| 11852349 | |
| 17194160240000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 28 Sep, 2023 | Sold | $547,500 | MRED MLS |
| 1 Sep, 2023 | Under contract | $589,000 | MRED MLS |
| 5 Aug, 2023 | Listed for sale | $589,000 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: Unfinished
Other Specifics
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| 24X125 | |
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| Not in DB | |
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| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2023 | $14,990 |
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Listing Provided By
Luna Realty Group
