Located in the heart of Pilsen, this classic Chicago brick 3-unit building presents an exceptional investment opportunity in one of the city's most vibrant and rapidly appreciating neighborhoods. Each unit features 2 bedrooms and 1 bath, offering highly desirable layouts with strong rental appeal. Current rents are: Basement - $1,300/month, Unit 1 - $1,400/month, and Unit 2 - $1,400/month, with all leases secured through Spring 2027, providing stable, long-term cash flow. Estimated cap rate of 7.5%. Situated on a quiet residential block, the property offers spacious, light-filled units featuring hardwood floors, flexible living spaces, and classic Chicago character. Additional highlights include a full rear outdoor space and easy access to public transportation, major expressways, neighborhood restaurants, coffee shops, art galleries, and the vibrant energy that makes Pilsen so sought after. Ideally located just minutes from Downtown, the Medical District, and the West Loop, this is a rare opportunity to acquire a solid, income-producing asset in a high-demand rental market.

Listing Courtesy of MRED as distributed by MLS Grid of Compass



Based on information submitted to the MLS GRID as of 2026-05-28 10:04 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-05-28 10:04 AM UTC
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