$880,000
$950,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
1515 W 17th ST Chicago, IL 60608
4,158 SqFt
Key Details
Sold Price $880,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 4,158 sqft
Price per Sqft $211
MLS Listing ID 12660079
Sold Date 09/28/26
Maintenance Fees $100
Year Built 1888
Annual Tax Amount $12,255
Tax Year 2024
Lot Dimensions 25 x 125
Property Sub-Type Multi Family 5+
Property Description
PRIME PILSEN DEVELOPMENT AND INVESTMENT OPPORTUNITY. Situated in one of Chicago's most sought-after and rapidly evolving neighborhoods, this property offers exceptional potential for investors, developers, and visionaries alike. The existing solid brick, building consists of 6 units (two units on each floor) providing immediate income while plans for future redevelopment are explored. (Units 1F and 1R were used as owner's suite.) Rarely available outdoor patio space and detached 2 car brick garage. With all units leased on a month-to-month basis, buyers benefit from maximum flexibility for repositioning, renovation, or redevelopment. The property's highly desirable location-just steps from public transit, Harrison Park, Illinois Medical District (UIC and Rush), UIC campus, and Pilsen's renowned dining, arts, and cultural scene-makes it an outstanding candidate for long-term appreciation and future development opportunities. Whether your strategy is to generate current cash flow, a value-add renovation, or capitalize on the area's strong redevelopment momentum, this property offers a rare chance to secure a premier site in one of Chicago's most dynamic investment corridors. (Property is zoned RT-4 and is being sold "AS IS".) Serious pre-approved buyers only. Property is tenant occupied - 48 hrs. notice required for all showings.
Location
State IL
County Cook
Area Chi - Lower West Side
Zoning MULTI
Rooms
Basement Unfinished
Interior
Cooling Central Air, Window Unit(s)
Fireplace N
Exterior
Roof Type Composition
Building
Structure Type Brick
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Richard Smith of Smith's Real Estate Services,
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