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$589,000

1701 19th Street, Chicago, IL 60608
4 Beds4 Baths28 days
1701 19th Street·Chicago, IL 60608
4Bedrooms
4Bathrooms
1894Year Built
About This Home

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.

MLS# 11852349Listed August 5, 2023Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms4
Total Rooms12

Size & Structure

Year Built1894
Lot Size24X125

Location

CountyCook
TownshipWest Chicago
Zip Code60608

Financial

List Price$589,000
Annual Taxes (2021)$14,990
Monthly Tax Est.$1,249
Parcel #17194160240000
Interior Features

Heating

Forced AirSpace Heater

Basement

UnfinishedFull
Exterior & Lot

Construction

Vinyl SidingBrick

Roof

Asphalt

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Public
Tax & Financial
Annual Taxes
$14,990
Tax Year 2021
Monthly Tax Est.
$1,249
per month
Property Location

1701 19th Street, Chicago, IL 60608Cook County

$589,000
1701 19th Street
4 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
28 days on market
24X125
$14,990/yr taxes
$4,345
estimated monthly payment
Principal & Interest
$3,095/mo
Property Tax
$1,249/mo
$589,000
20% — $117,800
3%50%
6.875%
3%12%
Loan Amount
$471,200
Down Payment
$117,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Luna Realty Group
Agent: Jorge Armand Luna
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