By signing in, you agree with: Terms & Conditions, Privacy Policy and Copyright
Essex Realty Group, Inc. has been exclusively retained to market for sale, The Ruble Portfolio, located in the Pilsen neighborhood of Chicago. The portfolio includes five contiguous properties ideally positioned for redevelopment at 2021-29 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.
Month | Payment | Principal | Interest | Total Interest | Balance |
---|---|---|---|---|---|
$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
Total Population | 41,024 | 354,733 | 894,392 | |
Population Median Age | 39 | 37 | 36 | |
Population by Age | 0-9 Yrs | 3974 (9%) | 31229 (8%) | 93726 (10%) |
10-19 Yrs | 4138 (10%) | 32325 (9%) | 88499 (9%) | |
20-29 Yrs | 7204 (17%) | 81410 (22%) | 197208 (22%) | |
30-39 Yrs | 7058 (17%) | 73324 (20%) | 174682 (19%) | |
40-49 Yrs | 5465 (13%) | 43141 (12%) | 103576 (11%) | |
50-59 Yrs | 5104 (12%) | 37627 (10%) | 91964 (10%) | |
60-69 Yrs | 4327 (10%) | 32475 (9%) | 80337 (8%) | |
70+ Yrs | 3754 (9%) | 23202 (6%) | 64399 (7%) | |
Median HH Income | $60,305 | $79,117 | $69,426 | |
Total Household Income | < 24K | 4533 (27%) | 35005 (21%) | 91752 (23%) |
25-49K | 2914 (17%) | 22598 (13%) | 62870 (16%) | |
50-74K | 2231 (13%) | 20917 (12%) | 51682 (13%) | |
75-99K | 1856 (11%) | 17988 (11%) | 41345 (10%) | |
100-199K | 3548 (21%) | 41583 (25%) | 88908 (22%) | |
200K+ | 1321 (8%) | 24875 (15%) | 54070 (13%) | |
Highest Education Level | No Diploma | 6625 | 31569 | 88172 |
Diploma or GED | 5644 | 36964 | 111150 | |
Some College | 3741 | 31796 | 81602 | |
Assoc. Degree | 1138 | 10072 | 26250 | |
Bachelors Degree | 7244 | 77501 | 176599 | |
Higher Degree | 5515 | 72063 | 152219 | |
Total Housing Units | 17,449 | 185,730 | 450,328 | |
--Owner-Occupied | 7,238 | 62,015 | 146,104 | |
--Renter-Occupied | 9,164 | 100,952 | 244,523 | |
Owner-Occupied Values | < 100K | 367 | 2317 | 9184 |
100-199K | 419 | 6033 | 24600 | |
200-299K | 2437 | 13893 | 27487 | |
300-399K | 1590 | 13243 | 22688 | |
400-499K | 1097 | 9486 | 17556 | |
500K+ | 1328 | 17044 | 44589 | |
Total Working Age Population | 34,884 | 307,175 | 751,988 | |
In Work Force | 22,565 | 212,990 | 511,717 | |
Not In Work Force | 12,318 | 94,185 | 240,271 | |
Workforce Employed | 21,017 | 200,819 | 476,116 | |
Workforce Unemployed | 1,525 | 11,927 | 35,131 | |
Civlian Workforce | 22,542 | 212,745 | 511,246 | |
Military Workforce | 23 | 245 | 471 | |
Total Households | 16,402 | 162,967 | 390,627 | |
Family Households | 8,858 | 70,296 | 177,356 | |
Non-Family Households | 7,545 | 92,670 | 213,272 | |
Married Couple | 5,728 | 49,232 | 113,226 | |
Other Family | 3,130 | 21,064 | 64,130 | |
Married w/Child | 2,257 | 15,752 | 40,400 | |
Single Male w/Child | 274 | 1,584 | 5,980 | |
Single Female w/Child | 803 | 8,025 | 24,339 |
Population Change Last Two Decades - Plus Projection
2000 | % | 2010 | % | 2020 | % | 2030 | |
---|---|---|---|---|---|---|---|
Illinois | 12,419,293 | +3 | 12,830,632 | +12 | 14,316,487 | +6 | 15,138,849 |
Cook County | 5,376,741 | -3 | 5,194,675 | +10 | 5,707,832 | +5 | 5,990,243 |