2120 W Cullerton St

Highlights:

• In-Unit W/D
• Tankless Water Heaters
• Private Outdoor Space for Each Unit
• Full Gut renovation
• Modern Kitchens & Baths
• Opportunity to Live in One Unit & Collect Rent
• Assumable FHA Loan | 3.125%

Description:

This striking red brick three-unit building underwent a full gut renovation in 2018, completed with permits and attention to every detail. Modern upgrades include central air conditioning, new plumbing and electrical systems, fully redesigned kitchens and bathrooms with contemporary finishes, new flooring throughout, and tankless water heaters. Spacious new master bedrooms, private outdoor spaces, and a shared rear patio offer residents an elevated living experience. The building also features on-site parking for 2-3 vehicles, a premium amenity in the area.

The current ownership intends not to renew the Unit 2 lease, providing an ideal opportunity for an owner-occupant to move in and enjoy the property while collecting rental income from the remaining two units. With rents currently positioned below market rates, new ownership has significant potential to increase income through rent adjustments. This is a rare opportunity to acquire a beautifully renovated, income-producing asset with both immediate and long-term upside.

Located in the heart of Chicago’s vibrant Pilsen neighborhood, 2120 W Cullerton Street offers unbeatable access to everything the area has to offer. The property is just steps from the CTA Pink Line Station, providing an easy and convenient commute to downtown and surrounding neighborhoods. Residents can enjoy a short walk to the bustling retail corridors along Cermak Road and 18th Street, where a variety of restaurants, cafes, boutiques, and art galleries create a lively and dynamic community atmosphere.

The property is also close to several parks, offering green space and recreation just moments away. Easy access to major expressways ensures quick connections to the Loop, the suburbs, and beyond, making it an ideal location for commuters and city dwellers alike. Combining urban convenience with the charm and energy of Pilsen, 2120 W Cullerton is perfectly situated for both residents and investors looking to be part of one of Chicago’s most exciting and evolving neighborhoods.

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