Contacts

Paul Tsakiris

First Western Properties

Property Details

Property Type Multi-Family
Property Size 4,050 SF
Units 2
Lot Size 0.07 Acre
Additional Rent Contact for pricing
Property Tenancy Multi-Tenant
Building Class C
Year Built 1909
Year Renovated 2022
Date Updated Dec 10, 2024

Explore the vibrant neighborhood surrounding La Villita 2, located in the heart of Chicago's 60623 area. Investors in the multifamily/mid-rise space will appreciate the diverse cultural scene, authentic cuisine, and rich history that define the area. Nearby, the stunning Douglas Park offers a green oasis for recreation and relaxation, while the National Museum of Mexican Art and vibrant Little Village district showcase the dynamic cultural tapestry of the community. With easy access to public transportation and a range of dining and entertainment options, the location presents an exciting investment opportunity for those seeking a lively, thriving urban environment.Introducing an exceptional opportunity for multifamily/mid-rise investors in the vibrant city of Chicago. This newly renovated 4,050 SF property, built in 1909 and updated in 2022, features 6 units and enjoys 100% occupancy, making it an attractive addition to any portfolio. Located in heart of Little Village Area, the property offers significant potential for rental increases, appreciation in a prime urban location. Don't miss the chance to acquire this impressive property with a strong rental history and ample room for continued growth and prosperity.

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Highlights

6 Unit Fully Renovated Property
Full Occupied w/Strong Income History
Tremendous Upside Offering Both Rental Growth and Appreciation
Below Market Rents
Conveniently Located! Next to Cermak, Kedzie & Ogden CTA bus lines, CTA Train (Pink Line) and I290 & I55 Expressways

Getting around

87/100
Walk Score ®
63/100
Transit Score ®
71/100
Bike Score ®

Powered by Walk Score ®

City Chicago, IL
Neighborhood Little Village
Zip Code 60623
Market Chicago

Points of Interest

Kedzie

0.23 miles
Central Park

0.48 miles
Kostner

1.38 miles
Ashland

2.28 miles
Cicero

2.52 miles
54th/Cermak

2.57 miles
Uber Tent

2.81 miles
Halsted

3.03 miles
Halsted Street

3.13 miles
UIC-Halsted (Morgan Street)

3.30 miles

Exxon

0.10 miles
Shell

0.46 miles
Mobil

0.73 miles
Power Gas Station

0.89 miles
Marathon

1.20 miles
GoLo

1.23 miles
BP

1.27 miles
EVgo

2.24 miles
Electrify America

3.19 miles
Blink ParkChip Garage - 1035 Van Buren

3.29 miles

Visitor Parking

0.73 miles
Visitor Paerking

1.01 miles
Lot W5

1.85 miles
35th/Archer Park & Ride

2.01 miles
Lot A4

2.03 miles
Lot C4

2.06 miles
Lot A3

2.08 miles
Lot B4

2.09 miles

Karavan Motel

2.03 miles
Shamrock Motel

2.22 miles
Cindy Lyn Motel

2.32 miles
Hyatt Place Chicago - Medical / University District

2.34 miles
Hyatt House Chicago - Medical / University District

2.39 miles
Courtyard by Marriott Chicago at Medical District / UIC

2.63 miles
Hotel Chicago West Loop

2.74 miles
Benedictine Bed and Breakfast

2.90 miles
The Polo Inn

3.10 miles
Carlton Inn Midway

3.34 miles

Cermak Fresh Market

0.49 miles
Ross

0.53 miles
Little Village Discount Mall

0.55 miles
Supermercado La Chiquita

0.62 miles
ALDI

0.88 miles
Pete's Market

0.91 miles
Fairplay Foods

1.03 miles
Workshop Apothecary

1.12 miles
Freshway Market

1.17 miles
Supermercado El Güero #8

1.43 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.