For Sale
$449,000

2245 23Rd St Chicago, IL 60608

Prime Pilsen investment, 100% occupied.

Property Records

Overview

Added:
Feb 13
Days on market:
75
This charming, well-maintained two-unit brick building in Chicago's vibrant Pilsen neighborhood presents a compelling investment opportunity. The property, located at 2245 W 23rd St, boasts 1,871 square feet on a 3,100 square foot lot and features a spacious three-bedroom, two-bathroom duplex unit and a large two-bedroom, one-bathroom unit. Built in 1900, this two-story building is currently 100% occupied, ensuring immediate rental income. Modern amenities include central air conditioning and a shared laundry facility. Residents enjoy a large outdoor space and the convenience of a two-car garage. The RS-3 zoning allows for flexibility, with options to maintain it as a rental property, live in one unit, or potentially convert it to a single-family home. Its prime location offers easy access to public transportation, with nearby CTA Pink Line stations providing a quick commute to the Loop. The property's proximity to the Illinois Medical District, University of Illinois - Chicago, and major expressways (I-55, I-290, and I-90/94) further enhances its appeal to a diverse range of renters. This property is an excellent investment in a high-demand area known for its strong rental market and rich cultural environment. The asking price is $449,000.

Highlights

  • $449,000 asking price for a 2-unit apartment building.
  • 1,871 square foot building on a 3,100 square foot lot.
  • RS-3 zoning.
  • 100% occupancy, generating immediate income.
  • Well-maintained property with modern amenities.
  • High-demand rental market in the Pilsen neighborhood of Chicago.

Property Details for 2245 23Rd St

Property type
Apartment buildings, Garden apartment buildings
Square Feet
1,871 SF
Year Built
1900
Buildings
1
Stories
2
Units
2

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.850273204429
Longitude
-87.68250385848

FAQs

What type of property is this?
Apartment building - Prime Pilsen investment, 100% occupied.
Where is the apartment building located?
The property is located at 2245 23Rd St Chicago, IL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: $449,000 asking price for a 2-unit apartment building.; 1,871 square foot building on a 3,100 square foot lot.; RS-3 zoning.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2245 23Rd St
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