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Listed by Rosaria Beckerof @properties Christie's International Real Estate
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Est. payment /mo
New
1515 W 17th ST Chicago, IL 60608
4,158 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 4,158 sqft
MLS Listing ID 12660079
Year Built 1888
Annual Tax Amount $12,255
Tax Year 2024
Lot Dimensions 25 x 125
Property Sub-Type Multi Family 5+
Property Description
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.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Unfinished
Interior
Cooling Central Air, Window Unit(s)
Fireplace N
Exterior
View Y/N true
Roof Type Composition
Building
Structure Type Brick
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