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1957 W 23rd Street Chicago, IL 60608
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Key Details
Sold Price $720,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 6,330 sqft
Price per Sqft $113
MLS Listing ID 11687118
Sold Date 06/23/23
Year Built 1888
Annual Tax Amount $6,600
Tax Year 2021
Lot Dimensions 23X100
Property Description
Check out this well maintained mixed use 6 unit building. Conveniently located on the corner of Damen and 23rd street. A few blocks from El train to downtown (15min), close to all major expressways 290, 55, 90/94, and down the street from Chicago Medical district. This solid brick building has been in the same family for generations, pride in ownership is easy to see. With that being said many of the units are currently rented to family members well below market rental rate. There have been many updates done over the years such as new flooring, cabinets, furnaces, water heaters, fixtures and more. The units range from a duplexed commercial space to a bonus studio apartment and everything in between, 1,2,3, and 4 bedroom apartments. There is also a large section of the basement that is currently not finished, leaving potential for a duplex down in the future. The commercial space is currently used as a residential space, but was previously a yoga/event space and music studio. This is great opportunity to own/live/ open a business in Pilsen. This is very vibrant community with many great restaurants, bars, parks, art, stores and social events. All units have floor plans and 3D interactive matterport for interested buyers to view. Additional matterport links can be sent upon request. Bonus studio unit would be great for a property manager or even another commerical idea.
Location
State IL
County Cook
Interior
Fireplace N
Exterior
View Y/N true
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Bought with Richard Smith • Kale Realty