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$1,015,000
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Property Description
Prime Turnkey Investment in Chicago's Red-Hot Pilsen Neighborhood! 5 unit building complete renovated in 2020! 100% tenant occupied and generates over $111K in annual gross rental income. The rehab included new electric, copper plumbing, individual HVAC's, new flooring and baths, washer/dryer in all units, and new roof on front building. All units have modern finishes with granite countertops, S.S. appliances, and central HVAC. Both buildings are brick. Tenants pay their own electric and gas. Highly desirable location in Pilsen. Don't miss out on this incredible investment opportunity!
Full Property Details
Full Property Details for 1645 W 17th St
General
- Sold For: $1,015,000
- Taxes: $19,411 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12438594
- Added to Site: 149 day(s) ago
Location
- Area: CHI - Lower West Side
- County: Cook
- Driving Directions: 17th & Ashland - West to 1645 on South Side of Street.
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual
- Heating Type: Central Heat/Individual Controls, Forced Air, Gas
Structural Information
- Stories/Levels: 3
- Year Built: 1900
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
- # Dryers: 5
Lot Features
- Lot Size (Acres): 0.07
- Lot Dimensions: 25 x 125
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $50,216
- Assessment Year: 1900
- Tax Amount: $19,411
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Electricity, Heat
Disclosures and Reports
- Property ID: 17194070060000
Listed by Coldwell Banker Real Estate Group
Sold by Dorazio Real Estate LLC
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Schools
Schools serving 1645 W 17th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Cooper Elementary Dual Language Academy 1624 West 19th Street, Chicago, IL 60608 | PK-5 | 0.2 mi |
Juarez Community Academy High School 1450 West Cermak Road, Chicago, IL 60608 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1645 W 17th St
Date
Details
Price
Change
Source
12/08/2025
Sold
$1,015,000
-7.64%
MLS
8/20/2025
Listed
$1,099,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1645 W 17th Street, Chicago, IL 60608 (MLS# 12438594) is a Commercial property that was sold at $1,015,000 on December 08, 2025. Want to learn more about 1645 W 17th Street? Do you have questions about finding other Commercial real estate for sale in Lower West Side? You can browse all Lower West Side real estate or contact a Coldwell Banker agent to request more information.

