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$720,000
6,330
square ft

1957 W 23rd Street
Chicago, Illinois 60608

Closed / MLS #11687118 / Multiple Family / Lower West Side
Listing information updated 7/6/2023 at 11:23am
Check out this well maintained mixed use 6 unit building. Conveniently located on the corner of Damen and 23rd street. A few blocks from El train to downtown (15min), close to all major expressways 290, 55, 90/94, and down the street from Chicago Medical district. This solid brick building has been in the same family for generations, pride in ownership is easy to see. With that being said many of the units are currently rented to family members well below market rental rate. There have been many updates done over the years such as new flooring, cabinets, furnaces, water heaters, fixtures and more. The units range from a duplexed commercial space to a bonus studio apartment and everything in between, 1,2,3, and 4 bedroom apartments. There is also a large section of the basement that is currently not finished, leaving potential for a duplex down in the future. The commercial space is currently used as a residential space, but was previously a yoga/event space and music studio. This is great opportunity to own/live/ open a business in Pilsen. This is very vibrant community with many great restaurants, bars, parks, art, stores and social events. All units have floor plans and 3D interactive matterport for interested buyers to view. Additional matterport links can be sent upon request. Bonus studio unit would be great for a property manager or even another commerical idea.
Exterior Type:
Brick
Basement:
Partially Finished
Water Front:
No
Square Feet:
6,330
Built:
1888
Stories:
3
Potential Use:
Commercial, Multi-Family
Building Square Feet:
6,330
Current Net Income:
$55,068
Unit 1:
8 room(s) / 2 bed(s) / 2 bath(s)
Unit 2:
6 room(s) / 2 bed(s) / 1 bath(s)
Unit 3:
10 room(s) / 4 bed(s) / 1 bath(s)
Unit 4:
3 room(s) / 1 bed(s) / 1 bath(s)
Unit 5:
5 room(s) / 2 bed(s) / 1 bath(s)
Unit 7:
2 room(s) / 0 bed(s) / 1 bath(s)
Tax Amount:
$6,600
Tax Year:
2021
Zip Code:
60608
City:
Chicago
County:
Cook

Listing Office: Realty of Chicago

Listing Office Phone: 312.278.3137

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 7/6/2023 at 11:23am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Lower West Side, IL

Situated just three miles southwest of The Loop, The Lower West Side has evolved as a diverse hub with neighborhoods such as Pilsen and Heart of Chicago. In Pilsen, bold murals and street art can be found in seemingly unexpected places, highlighting the neighborhood’s artistic energy and vibe. Loc...

Metra

Metra
BNSF Railway line at S Western Ave Metra

CTA

CTA
Orange line at Ashland
CTA
Pink line at Damen
$505,846
Average Sale Price
84
Average Days On The Market
97%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1957 W 23rd Street, Chicago, IL 60608
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1957 W 23rd Street, Chicago, IL 60608 is a multiple family which sold for $720,000. This multiple family has been listed on @properties Christie's International Real Estate since December 12th, 2022 and was built in 1888. The nearest transit stops include Ashland CTA Orange line and S Western Ave Metra Metra BNSF Railway line.

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