2021-29 S Ruble ST Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60616
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12046467
Maintenance Fees $2,600
Year Built 1895
Annual Tax Amount $28,099
Tax Year 2022
Property Description
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.
Location
State IL
County Cook
Area Chi - Armour Square
Zoning MULTI
Building
Dwelling Type Multi Family 5+