2021-29 S Ruble Street
Chicago, IL, 60616
$1,500,000
Beds
0 Baths
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0 Acres
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$1,500,000
2021-29 S Ruble Street
Chicago, IL, 60616
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The Ruble Portfolio, located in the Pilsen neighborhood of Chicago. The portfolio includes five contiguous properties ideally positioned for redevelopment at 2021-2029 South Ruble Street. Currently, there are four multifamily apartment buildings (2-flats) and two garages situated on the offering. The units are a mix of studio and 1-bedroom apartments in various stages of updates and are currently leased. The gross land area is approximately 12,000 square feet and is presently zoned RT-4. The Pilsen neighborhood is one of the most active and vibrant markets in Chicago, and it is extremely rare to have the opportunity to acquire approximately 12,000 CONTIGUOUS SQUARE FEET. The current zoning allows an investor or developer a vast array of development options in this prime location.

Property Details

Price:
$1,500,000
MLS #:
MRD12046467
Status:
Active
Beds:
0
Baths:
0
Address:
2021-29 S Ruble Street
Type:
Commercial
City:
Chicago
Listed Date:
May 3, 2024
State:
IL
ZIP:
60616
Year Built:
1895

Schools

Interior

Exterior

Financial

Buyer Agent Compensation
2%-$500Net Sale Price
Net Operating Income
$62,509
Tax Year
2022
Taxes
$28,099
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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2021-29 S Ruble Street
Chicago, IL