2245 23Rd StChicago, IL 60608

Property Details for 2245 23Rd St

Year built

1898

Construction

FRAME

Lot size

0.07 AC

Property size (Sq ft)

1,871 SF

Property type

Residential income properties

Property subtype

Residential income homes

APN

17-30-109-012

APU

1730109012

Description

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.

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.85

Longitude

-87.6825

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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