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$699,999

Est. payment - /mo

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5 Beds

4.5 Baths

4,000 SqFt

New

1639 S Blue Island AVE Chicago, IL 60608

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $174

MLS Listing ID 12457078

Bedrooms 5

Full Baths 4

Half Baths 1

Annual Tax Amount $11,115

Tax Year 2023

Lot Dimensions 110x24

Property Sub-Type Detached Single

Property Description

Prime mixed-use investment opportunity in the heart of Pilsen! Property is currently set up as a single-family home and building will be vacant at closing. 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 features an open-concept layout with two large rooms, laundry, fireplace, a spacious kitchen, and a full bath. The basement has 2 bedrooms / 1 bath (~1,500 sq ft) with 9ft ceilings. The second floor offers a full 3 bedrooms, 2 full baths, 2 gas fireplaces, an enclosed porch and wet bar for year-round entertaining. 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. This is a very unique and well cared for property. The basement is fully finished and set up with two more bedrooms, full bath, kitchen and laundry. Cash or Commercial Financing will most likely be needed for purchase (Building is zoned C1-2). 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

Rooms

Basement Finished, Full

Interior

Interior Features Vaulted Ceiling(s), Wet Bar

Heating Natural Gas, Forced Air

Cooling None

Flooring Hardwood

Fireplaces Number 2

Fireplace Y

Appliance Range, Dishwasher, Refrigerator, Washer, Dryer

Exterior

Garage Spaces 2.0

Building

Dwelling Type Detached Single

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Level or Stories 2 Stories

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

Listed by Kevin Smith • Century 21 S.G.R., Inc.

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106