Pearson Realty Group been exclusively retained to sell 3 parcels at the SW corner of Ashland Ave and Archer Ave. These 3 properties can be purchased individually, or all together as a package at a discounted price. This is a high traffic location with 26,500 VPD on Ashland and 23,400 VPD on Archer. Directly east across Ashland Ave is a Mariano's Anchored Retail Shopping Center. Commercial neighbors of this property include JC Licht/Ace Hardware, H&R Block, Subway, Burger King, O'Reilly Auto Parts, White Castle, Dollar Tree, T Mobile, Popeyes, Sherwin Williams, GNC, Great Clips, and Mattress Firm. The 1st of the 3 parcels, which is located at 3111 S. Archer, is a one story retail location with a finished basement. The first floor is all open space and the basement area has the same footprint, but includes 2 private rooms with sinks, and a 2 separate bathrooms. The billboard on the roof of this bldg is owned by Clear Channel and they have a easement in perpetuity and own the air rights. In a deal inked many years ago, the owner of this property derives no rental income from that billboard or from any lease payments for the easement. This property is being offered for sale individually for $150,000. This space - and only this space - is also being offered for lease at $1800/mo on a gross basis. The second building is located just west of this at 3115 S. Archer. This is a 2 story building with a full basement. Each floor is approximately 1600 s.f. The first floor is occupied by a long time bar and music venue named One City Tap. The second floor is split up into 7 bedrooms, with 2 bathrooms and one kitchen. This 2nd floor area is licensed as an SRO, and any sale must follow the rules and regulations governing the transfer of an SRO property (click on link in Broker's Private Remarks). 3115 S. Archer Ave is being offered for sale individually for $450,000. This property is not being offered for lease. The third property is just west of this one and has the address of 3117 S. Archer Ave. This is a one story structure with driveway access on Ashland Ave and vehicle egress through an overhead door onto Archer Ave. The long time tenant here is a Car Wash named Fine Touch Pro Detailing and Car Wash. 3117 S. Archer Ave is being offered individually for sale for $200,000. This property is also not being offered for lease. If all 3 properties are purchased individually, the total purchase price will be $800,000. If these 3 properties are purchased all together as a package, they can be acquired for the discounted sale price of $725,000 - again, with the stipulation that any new owner must abide by the City of Chicago's SRO ordinance which dictates the terms and conditions of the transfer of SRO properties. If fully leased, these 3 properties together will produce a gross income of approximately $110,000/yr, and with conservatively estimated Operating Expenses, an NOI of $59,950. At the package deal price of $725,000, this will equate to an 8.27% Cap Rate.
Location, Location, Location! Great Development opportunity in East Pilsen. Close to UIC, University Village, Shopping, Restaurants and much more. Currently zoned B3-2 so build 3 Residential and 1 Commercial space. Call agent for more details. Drive by and show.
Attention investors, rehabbers, and handypersons! This property in the rapidly growing Pilsen neighborhood presents an exciting opportunity-two buildings for one price offer immense potential for renovation or new construction. The units have good bones but require repairs to regain their former charm. Conveniently located near the Pink Line, Harrison Park, and the National Museum of Mexican Art, this property is also close to UIC, the Medical District, and expressways. The front building includes a 2-bed, 1-bath unit and a gut rehab opportunity. The coach house is also a gut rehab, while the second floor features a 3-bed, 2-bath unit. Motivated seller - bring your offer! SOLD AS IS, CASH, or BUILDERS LOAN.
Ideal site on Ashland Ave for constructing a mixed-use property. Dimensions: 57 feet wide by 91 feet 5 inches deep Exceptional visibility and accessibility Positioned at the bustling intersection of Archer Ave and Ashland Ave Proximity to prominent retailers such as Mariano, Amazon Warehouse, Burger King, Popeyes, Dunkin Donuts, Royal Bank, White Castle, Dollar Tree, and Party City The lot is zoned C1-2.
Pleased to present, to qualified investors, the opportunity to acquire 1723- 25 S Ashland Ave, Chicago, IL, 60608. This renovated Mixed-Use building contains four commercial spaces and 9 residential units. Units contain forced heat and air, high ceilings, and residential modern finishes. Located on the northeast corner of Ashland Ave. & 18th St., it is perfectly positioned as it is viewed daily by an average of 35,876 vehicles. It sits at the stop of bot 18th St. and Ashland CTA buses, and is steps from the 18th St. CTA Pink Line. KEY DETAILS: - Located On The Northeast Corner of Ashland Ave. & 18th St. - Present Updating To Nine Residential Units - Four Commercial Spaces - Long-Term Commercial Spaces - Low Expenses - CTA Public Transportation Bus Stops For Both Ashland Ave. & 18th St. Located At The Front Steps Of The Property - Steps from the CTA 18th St. Pink Line Stop - Located At The Heart of Pilsen, and The Entry To East Pilsen - 35,876 Average Daily Traffic At The Intersection Of Ashland Ave. & 18th St.
Rarely available 6-unit mixed use Greystone on Ashland Ave with possible 7th unit studio/storage and FULL basement and brick 2 car garage! Building features updated electrical, many newer windows, 2 car brick garage, 27,000~ daily traffic on Ashland Ave, CTA Pink Line 18th St/Paulina.3 mile away short walk, CTA bus 1/2 block walk, lots of new developments in the area, restaurants and shopping walking distance, laundromat next door, minutes from Downtown. Building has secure/fenced in backyard with alley access. Lots of street parking available. Building is walking distance from K-12 schools.
Most Desirable Pilsen location within the business shopping district at 18th and Ashland Ave...with fantastic rental possibilities! A deceptively large building with approx. 1,300 sq. ft. per floor (times 4 levels)! You can walk to the 18th St.-PINK Line elevated train station. Minutes from downtown Chicago, lakefront, UIC campus, 18th St. entertainment and restaurants district, Thalia Hall, & IL Medical District. This is a legal 4 unit -- totally gutted and with architectural plans and general contractor in place--ready to develop this as 4 floors of living space. Property is currently within 1300 feet of the 18th Street Pink Line elevated train station for transit/parking exemption. Extra large floorplans...with large 2 bedroom, 2 bath in all 4 floor units....with central heat/AC and in-unit washer/dryer setups. Plans call for rooftop access for penthouse unit--extra value for owner occupied or top rental premium add-on. Property currently vacant for next owner to renovate/develop --the dirty work/demo already completed. Basement has been excavated and dug down to provide for 8 foot ceilings in garden level. Two car garage for off-street parking. Selling As-Is...property gutted and waiting for build permit as 4 unit. 4 rental units that will provide for great cash flow. High demand area in Pilsen...schedule soon for quick showing before it's under contract. Architectural plans can be transferred to purchaser...and general contractor will offer services to new buyer(s) if needed.
PERFECT LOCATION TO START OR EXPAND YOUR OWN BUSINESS IN PILSEN AREA (HEART OF SOUTHWEST CHICAGO). RESTAURANT FOR 50 SEATS PLUS FULL SERVICE BAR. TWO EXTRA APARTMENTS WITH 3 BEDROOMS EACH, FOR EXTRA INCOME, FULL BASEMENT AND A 2 BRICK CAR GARAGE. (APARTMENTS HAVE SEPARATE UTILITIES AND MANY MECHANICALS HAVE BEEN UPDATED).
it is office mix-use space, one of the prime business location in Bridgeport community, close to everything CVS, Bank and expressways, bus and super markets, UIC and ITT university, new construction around and new police station nearby, the store has 489 sq and one full bathroom, central heat and Air.
Calling all investors! Here is a great opportunity to build on this zoned B1-2 lot. Right across from Douglas Park, bring your offers! Close to shopping, public transportation & hospital. Tons of new development in the surrounding area.
Long time owners are ready to sell! Hot Pilsen Lot.. Property has RT-4 zoning so there are Many options for buiding. Close to 18th St, Halsted, and Highways. Minutes from Downtown, UIC Village, and Greektown.
Act Fast: Prime Pilsen Development Opportunity! This 3,149 sq ft land site, zoned B3-2, has immense potential for re/up-zoning. Perfectly suited for a range of commercial ventures-think coffee shops, live/work spaces, art or photography studios, galleries, entertainment venues, offices (personal or business), trade schools, music schools, daycares, bakeries, or mixed-use development with retail or parking on the ground floor and residential above. Seize this prime spot and bring your vision to life!
The newest boutique development close to Palmisano(Henry) Park. Luxury vinyl flooring throughout the unit with 3 beds 2 baths. Spacious windows that showcase some of the most park views available. Tons of sunny lights. Open modern kitchen with brand-new stainless-steel appliances, (Dishwasher, Stove/Range, Refrigerator, and exhaust hood). 1 Indoor garage parking included!! Convenient transportation with bus #8, 5 minutes' drive to Chinatown and Downtown, walking distance to Orange Line, Healy School District. Nearby Mariano's, Walgreen, CVS, Dollar Tree, Jewel Osco, Cermak Supermarket, etc. Easy to find a parking at the street**Please contact us for further information about this wonderful unit. **
The newest boutique development close to Palmisano(Henry) Park. Pre-Construction starting from $200,940.00 with 1 bed 1 bath. luxury vinyl flooring throughout the unit. Spacious windows that showcase some of the most park views available. Tons of sunny lights. Open modern kitchen with brand-new stainless-steel appliances, (Dishwasher, Stove/Range, Refrigerator, and exhaust hood). Convenient transportation with bus #8, 5 minutes' drive to Chinatown and Downtown, walking distance to Orange Line, Healy School District. Nearby Mariano's, Walgreen, CVS, Dollar Tree, Jewel Osco, Cermak Supermarket, etc. Easy to find a parking at the street**Please contact us for further information about this wonderful unit. **
AMAZING OPPROTUNITY IN HEART OF BOOMING PILSEN!!!! 6 UNIT BUILDING ALL UNITS ARE CURRENTLY TWO BEDROOMS ONE BATHS. ALL UNITS HAVE SEPERATE FURNACES FOR HEAT AND , SEPERATE HOT WATER TANKS. COME AND PUT YOUR FINISHING TOUCHED ON THIS BUILDING AND MAKE IT YOUR OWN. BUILDING HAS FULL BASEMENT THAT IS FINISHED AS WELL THAT GIVE ROOM FOR EXPANDING!! also walkup unfinished attic YARD WITH 2 CAR GARAGE!!!
Prime Location Alert!! This vacant lot in the vibrant heart of Bridgeport is an absolute gem! It is zoned B1-2 and offers immense potential for a mix of commercial storefronts and residential apartments (please don't forget to verify the zoning details with the city of Chicago). You'll be thrilled to know that the City of Chicago executed an impressive 3.5 million street-scaping project on Morgan Street between 31st Street and 35th Street back in 2017, enhancing the area's charm and aesthetics. And that's not all! Sports enthusiasts will rejoice as the renowned Chicago White Sox Guaranteed Rate Field is merely a quick 5-minute drive away. This outstanding location also boasts close proximity to Chinatown, downtown, and major highways, making it a truly convenient and desirable spot. Don't miss out on this extraordinary opportunity to establish your dreams in the heart of Bridgeport!
NEW CONSTRUCTION AAA RESIDENCES SINGLE HOUSE LOCATED IN HOT BRIDGEPORT! It offers buyers top-notch luxury living and convenience. The fantastic home has a bright and open design style, 5 bedrooms, and 3.5 bathrooms, with masonry brick construction. The detached house is fully equipped with high-end cabinets, stainless steel appliances, granite top, etc. Red oak hardwood floors throughout 1st and 2nd floor; Fully finished basement offers additional space for entertaining, office space, or play area for the kids. High-efficiency HVAC, 2-car garage., Estimated delivery is subject to the contract. (Unit photos taken from Hillock single house).
NEW CONSTRUCTION AAA RESIDENCES SINGLE HOUSE LOCATED IN HOT BRIDGEPORT! It offers buyers top-notch luxury living and convenience. The fantastic home has a bright and open design style, 5 bedrooms, and 3.5 bathrooms, with masonry brick construction. The detached house is fully equipped with high-end cabinets, stainless steel appliances, granite top, etc. Red oak hardwood floors throughout 1st and 2nd floor; Fully finished basement offers additional space for entertaining, office space, or play area for the kids. High-efficiency HVAC, 2-car garage., Estimated delivery is subject to the contract. (Unit photos taken from Hillock single house).
Lowest annual real estate taxes of $5,486 for a 3 unit in Pilsen includes rear coach house. Taxes may be reduced with homeowners' exemption. Short Commute to University of Illinois of Chicago (UIC). Current monthly rental $2,500. One unit family occupied. Just south of Harrison Park, pool and field house and just east of Pink Line train boarding station at Cullerton and Damen. Cullerton is a wide street with two-way traffic and has vaulted sidewalks. Two -2 bedrooms and one 1 bedroom. All separate utilities.
NEW CONSTRUCTION AAA RESIDENCES TOWNHOUSE!! This fantastic home has bright and open design styles (Two options to choose from for the main floor), 4 beds 2.5 baths, and 2000 SF with masonry brick construction. Fully equipped with high-end cabinets, stainless steel appliances, granite top, and red oak hardwood floors throughout main and second floors. A fully finished basement offers additional space for entertaining or office, etc. High-efficiency HVAC, 2-Car garage. Outdoor deeded parking spaces can be purchased for $15000 each. Estimated delivery around the end of the year 2023.
The median home value in Chicago, IL is $284,100. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Chicago, IL is $284,100. Approximately 40.54% of Chicago homes are owned, compared to 48.29% rented, while 11.17% are vacant. Chicago real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chicago real estate agent to arrange a tour today!
Chicago, Illinois 60608 has a population of 2,742,119. Chicago 60608 is less family-centric than the surrounding county with 24.86% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Chicago, Illinois 60608 is $65,781. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Chicago 60608 is 35.1 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 38.2 inches per year, with 35.1 inches of snow per year.