$850,000
$50K PRICE DROP

Estimated payment $5,516/month

Total Views 6,444
-- Bed
-- Bath
4,320 Sq Ft
$197 Price per Sq Ft

Highlights

  • 0.68 Acre Lot
  • Forced Air Heating and Cooling System
  • 2-minute walk to Throop Park

About This Home

This is a great opportunity for a value add 6-unit brick building in Pilsen, ready for its next owner. It's a solid property that just needs some fixing up to reach its full potential. You'll find a good mix of units, including two 1-bed/1-bath apartments, three 2-bed/1-bath units, and a large 4-bed/2-bath duplex with its own laundry. The important updates are already done, with a roof less than 2 years old and some new heating and mechanicals. The property also offers shared laundry and a valuable two-car garage. With some work, this property is positioned to compete with the top-tier sales in Pilsen. Once updated and fully rented, the stabilized financials project a high capitalization rate for investors.

Listing Agent

Jose Salinas

You Properties LLC License #475189300 Listed on: 10/03/2025

Co-Listing Agent

Abraham Aguilera

You Properties LLC License #471020472

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,592

Year Built

  • Built in 1883

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 24x124

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 4,320 Sq Ft Home
  • 3-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Separate Meters

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,200
  • Insurance Expense $26,000
  • Water Sewer Expense $4,800
  • Operating Expense $32,000
  • Gross Income $34,000
  • Net Operating Income $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,592

Year Built

Built in 1883

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1883
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Fire Protection: Fire Extinguisher/s,Carbon Monoxide Detector(s)
  • Fireplaces: 1
  • Refrigerators: 5
  • Ranges: 7
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar
  • Roof Structure: Flat
  • Misc Outside: Courtyard

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Electric: Circuit Breakers, Separate Meters
  • Heat/Ventilation: Forced Air,Wall Unit,Separate Per Unit

Fee Information

  • Water Sewer Expenses: 4800

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.68
  • Lot Dimensions: 24x124
  • Lot Size Sq Ft: 2976
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8
  • Tenancy Type: Owner Occupied

Building Info

  • BuildingAreaTotal: 4320
  • Building Unit Info: Smoke/Alarm Detector

Multi Family

  • Net Operating Income: 1000
  • Insurance Expense: 26000
  • ElectricExpense: 1200
  • GrossIncome: 34000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 32000
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 12592
  • Tax Year: 2023

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2025 11/12/25 Price Changed $850,000 -5.6% $197 / Sq Ft
10/03/2025 10/03/25 For Sale $900,000 -- $208 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12487278

Midwest Real Estate Data (MRED)

APN: 17203130310000