Pilsen 6-Unit Mixed-Use

Highlights

• Steps to Damen CTA Pink Line
• Zoning Change Completed Allowing for Conversion of Retail
• B2-3 Zoning - Permits an Additional Unit
• Private Green Space for All But One Unit
• Steel Porches
• High-end Renovation
• In-Unit Laundry
• HVAC In All Apartments
• Storage Rooms
• Full Basement (Front Building)

Description

Introducing 2111 S Damen Avenue, an exceptional investment opportunity in the heart of Chicago. This historic 5,552 SF building, constructed in 1891 and thoughtfully renovated in 2018, comprises 6 fully-occupied units, offering the ideal income-generating potential for a multifamily/low-rise garden investor. Boasting B2-3 zoning with a recent zoning change allowing for retail conversion to residential and allowing for an additional unit, this property features private green space, steel porches, in-unit laundry, HVAC in all apartments, and extra storage space. With easy access to public transportation and a full basement, this property presents a compelling investment prospect. The Coach House foundation has been completely reinforced with new supports and concrete.

Discover the vibrant charm of the Pilsen neighborhood in Chicago, where culture and convenience meet. Situated in a prime location, "the property" offers proximity to the Damen CTA Pink Line, providing easy access to the city's renowned attractions and amenities. This diverse and dynamic area boasts a thriving arts scene, delectable dining options, and an array of local shops, all contributing to the area's desirability. With its rich cultural tapestry and close-knit community feel, Pilsen presents an enticing opportunity for a multifamily/low-rise/garden investor seeking to capitalize on the neighborhood's appeal and potential for growth.

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