Pilsen 6-unit + 3 Non-conforming Units

2049 W Coulter Chicago, IL 60608

2049 W Coulter, Chicago, IL, 60608
2049 W Coulter, Chicago, IL, 60608
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$695,000
Last Verified:
Apr 15, 2019

Highlights

  • 3 Non-conforming Units for Additional Income or Duplex Opportunity
  • Steps From CTA Pink Line
  • Newer 400 amp Electrical Service
  • Below Market Rents for Value-add Opportunity
  • parking in Rear

Description

Large 6 unit brick building with parking in rear and 3 non-conforming units for additional income and/or duplex opportunities. Great value-add opportunity with parking income and minimal updates to maximize rents, which are currently well below market.

Many recent updates including new 400 amp electrical service and parking pad in rear. Extremely well maintained and all units, including the 3 non-conforming have 2 forms of ingress/egress.

Located in Chicago's Pilsen "Heart of Chicago" neighborhood, just west of Damen Avenue. Easy access to I-55, I-290 and I-90/94 and walking distance to the CTA Pink Line.

Pilsen is just a 12 minute CTA ride to Chicago's Business District and 10 minutes to UIC Chicago and Illinois Medical District. Shopping, Grocery, Fitness, Restaurants, Breweries, Cafes and coffee shops all just a short walk away.

Pilsen was named as one of the 2 coolest neighborhoods in North America and 1 of the 12 Coolest in the World!!!


Year Built: 1898
Building Size: 3906.0sq ft
Lot Size: 0.06 acres

Map of 2049 W Coulter, Chicago, IL, 60608

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