Pilsen Mixed-Use 10-Unit

Highlights:

• Highly visible corner location
• Value Added Opportunity
• Below Market Rents
• Tear off roof - 2010
• Many recent upgrades
• Heart of Pilsen
• Rarely available 10 + 1 unit building
• Walk Score of 91 - very walkable

Description:

Four-story brick mixed-use building with a two-story frame coach house on the corner of 19th & Allport Street. The front building has a full basement and and full attic with generous ceiling heights. The rear Coach House has existing violations and some structural issues that will need to be addressed. All leases are MTM or owner occupied allowing new ownership the opportunity to vacate the building and renovate or just renovate the rear coach house and maintain current tenants in the front building. A lot of value-add on a hard-to-find 10 + 1 unit building.

Located in the highly desirable Pilsen neighborhood of Chicago. The property is strategically located just West of Halsted Street - home to the Pilsen Arts District, and East of Ashland Ave. Pilsen features easy access to Chicago's Loop, major expressways and public transportation. Pilsen is a community rich in culture & history with a large Latino influence mixed in with its eastern European heritage. Allport Street is home to Thalia Hall & Duseks, which is less only one block north of the subject property.

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