See all 44 photos
$699,999
Est. payment /mo
4,000 SqFt
New
1639 S Blue Island AVE Chicago, IL 60608
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $174
MLS Listing ID 12456994
Year Built 1885
Annual Tax Amount $11,115
Tax Year 2023
Lot Dimensions 24x110
Property Sub-Type Mixed Use
Property Description
Prime mixed-use investment opportunity in the heart of Pilsen! This historic brick building, built in the late 1800's, offers approximately 4,000 sq ft across multiple units with strong potential rental income and future upside. The first floor commercial space features an open-concept layout with two large rooms, laundry, gas fireplace, a spacious kitchen, and a full bath-ideal for a live/work setup, gallery, office, or retail use. The basement is set up as garden unit apartment which is a 2 bed / 1 bath (~1,500 sq ft) with 9ft ceilings. The second floor offers a full 3 bed / 2 bath residence with an enclosed porch with a gas fireplace and wet bar for year-round entertaining. The master suite also has a gas fireplace and full bath. There is also an outdoor rooftop deck boasting stunning skyline views. Interiors include hardwood and tile flooring, in-unit laundry, recessed lighting, generous closets. Rare attached 2-car garage included. Property is currently set up as a single-family home and building will be vacant at closing. Located on bustling Blue Island Ave, just steps from 18th Street, CTA Pink Line, UIC, and the Medical District, this property benefits from a 96 Walk Score and a 99 Bike Score. Surrounded by Pilsen's vibrant dining, art, and cultural scene, this is an unbeatable live-work-invest opportunity. Whether you're looking to stabilize income, renovate for higher rents, or add a boutique storefront, 1639 S Blue Island delivers exceptional potential. Property sold "As Is"
Location
State IL
County Cook
Area Chi - Lower West Side
Zoning COMMR
Interior
Cooling None
Fireplaces Number 3
Fireplace Y
Building
Dwelling Type Mixed Use

© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Kevin Smith • Century 21 S.G.R., Inc.
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