For Sale
$449,000

2245 23Rd StChicago, IL 60608

Prime Pilsen investment, 100% occupied.

Overview

Added:
Feb 13
Days on market:
52
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
2245 23Rd St, Chicago, Illinois

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2245 23Rd St
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