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1701 W 19th Street, Chicago, IL 60608
$547,500
1701 W 19th Street, Chicago, IL 60608View this property at 1701 W 19th Street, Chicago, IL 60608
1701 W 19th StreetChicagoIL60608
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Property Description
Welcome to this charming mixed-use property in the heart of Pilsen, Chicago - a dynamic neighborhood renowned for its vibrant cultural scene and artistic flair. This four-unit gem comprises three residential units and a versatile storefront, offering a golden investment opportunity in a prime location. Situated in a bustling area, the property's storefront presents an enticing chance for a local business owner to establish or expand their venture, benefiting from the high foot traffic and bustling street life. Meanwhile, the three residential units, currently occupied by long-term tenants paying below market value rent, offer potential for rental rate adjustments, maximizing returns for prospective buyers. While the property requires some updating, its untapped potential is evident. With renovations and modernization, investors can attract higher-paying tenants, enhancing the overall profitability of the venture. Pilsen's rich history and cultural diversity further add to the appeal of this property, making it a sought-after destination for residents and visitors alike. Beyond its existing charm, the property stands at the forefront of development possibilities, benefiting from the area's ongoing growth and upward trajectory. Its strategic location ensures easy access to an array of trendy cafes, art galleries, restaurants, and other amenities, with downtown Chicago just a stone's throw away via convenient public transportation options. Don't let this opportunity slip away; seize the chance to invest, renovate, and shape the future of this mixed-use property in the thriving community of Pilsen. Schedule a showing today to explore the potential that awaits and make this property your gateway to success.
Full Property Details
Full Property Details for 1701 W 19th St
General
- Sold For: $547,500
- Taxes: $14,990 (2021)
- Status: Closed
- Type: Multi-Family
- MLS ID: 11852349
- Added to Site: 276 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Type: None
Location
- Area: CHI - Lower West Side
- County: Cook
- Driving Directions: One block west of Ashland and one block of 18th Street.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Forced Air, Space Heater
Utilities
- Water: Public
Structural Information
- Exterior Const.: Vinyl Siding, Brick
- Basement Desc.: Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1894
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 24 x 125
- Zoning: MULTI
Water Features
- Water Front: Yes
Financial Considerations
- Assessment Year: 1894
- Tax Amount: $14,990.1
- Tax Year: 2021
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 17194160240000
Listed by Luna Realty Group
Sold by International Real Estate Corp
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Schools
Schools serving 1701 W 19th St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1624 W 19th St, Chicago, IL 60608 | PK-5 | 0.1 mi | |
1940 W 18th St, Chicago, IL 60608 | PK-8 | 0.4 mi | |
1450 W Cermak Rd 1510, Chicago, IL 60608 | 9-12 | 0.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1701 W 19th St
Date
Details
Price
Change
Source
9/28/2023
Sold
$547,500
-7.05%
MLS
8/05/2023
Listed
$589,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1701 W 19th Street, Chicago, IL 60608 (MLS# 11852349) is a Multi-Family property that was sold at $547,500 on September 28, 2023. Want to learn more about 1701 W 19th Street? Do you have questions about finding other Multi-Family 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.