See Home Value
Chicago 60608 Pilsen
1722 South Halsted Street
$398,640*
Commercial - Off Market

1722 South Halsted Street

Chicago, IL 60608
bedrooms
Studio
bathrooms
0 Bath
$315,000 - $385,000
Reference Base Price*
13.90%
Since Jan 1, 2022
IL-Chicago
Primary Model

About This Property

A two-unit mixed-use building located in the heart of the Pilsen neighborhood of Chicago. In recent years, Pilsen has become one of the most sought-after neighborhoods by investors and developers primarily due to being an extremely low-density market with proximity to downtown and the area's dynamic fundamentals, including a thriving artist community. This two-story, brick and frame building sits on an approximately 2,500 square foot lot, and the current unit mix consists of one (1)- ground floor commercial space(APX2,500SF), one (1)- 1 Bed / 1 Bath (APX 1,600SF) apartment. The property has been owned by the same family for generations and has been kept vacant for several years; therefore, the property could be improved through renovation. An investor has an extremely rare opportunity to acquire a mixed-use asset in Pilsen's Art District that has undergone tremendous growth and development. Post-renovation, a new investor should be able to yield a 7.5% Cap Rate in one of the most well-known streets in Pilsen.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$1,083
HOA Dues
-
Year Built
1883

Price History

Date / Event Date Event Price
Dec 1, 2021 No longer available -
No longer available
Jun 23, 2021 Listed $350,000
Listed

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$310,000 Oct 20, 2022
-
$393/mo
House
2 Beds
2 Baths
-
$369,999 Dec 31, 2022
-
$1,120/mo
House
2 Beds
2 Baths
1,200 ft²
$274/ft²
$329,000 Nov 16, 2022
-
$1,008/mo
Townhouse
5 Beds
2 Baths
1,500 ft²
$250/ft²
$374,900 Jun 17, 2022
-
$37/mo
Townhouse
3 Beds
2 Baths
1,600 ft²
$238/ft²
$380,000 Aug 17, 2022
-
$488/mo
House
2 Beds
2 Baths
1,147 ft²
$279/ft²
$320,000 Dec 16, 2022
-
$564/mo
House
2 Beds
2 Baths
1,200 ft²
$262/ft²
$313,900 Apr 10, 2022
-
$592/mo
House
2 Beds
2 Baths
-
$310,000 Nov 9, 2022
-
$1,102/mo
Multifamily
4 Beds
-
-
$325,000 Oct 26, 2022
-
$588/mo
Multifamily
7 Beds
-
-
$379,000 Aug 29, 2022
-
$690/mo
House
2 Beds
2 Baths
980 ft²
$310/ft²
$304,000 Jun 28, 2022
-
$809/mo
House
2 Beds
2 Baths
1,400 ft²
$286/ft²
$400,000 Jan 2, 2023
-
$641/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210623
06/23/2021
Loft
-
-
$350,000
bedrooms
Loft
bathrooms
-
-
-
-
Nicholas Apostal
Keller Williams ONEChicago

Building Info

1722 South Halsted Street 1722 South Halsted Street, Chicago, IL 60608
More about this Building
1722 South Halsted Street
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