Multifamily Housing
2021 South Ruble Street Chicago, IL 60616
Details & Description
Price: $1,850,000
    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.
    Listing Agents
    Steven Livaditis

    O: 773-305-4840
    stevenlivaditis@essexrealtygroup.com
    Jim Darrow

    O: 773-305-4920
    jimdarrow@essexrealtygroup.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    2021 South Ruble Street

    Chicago, IL 60616

    Listing ID: 236190
    2021 South Ruble Street Chicago, IL 60616 | for Sale | Photo 1
    Building Size: 8,000 SF
    Lot Size: 0.275 AC
    Land Size: 12,000 SF
    Building $/SF: $231.25
    Land $/SF: $154.17
    Price
    $1,850,000
    Description

    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.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Chicago History of Multifamily Housing for Sale

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    Chicago Area Market Trends

    Listing Demographics for 2021 South Ruble Street Chicago, IL 60616

    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.

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    Common Questions and Answers

    What is the asking price for 2021 South Ruble Street in Chicago?
    The asking price for 2021 South Ruble Street is $1,850,000
    What is the building size of this Multifamily property in Chicago, IL?
    The size of the building/unit at 2021 South Ruble Street in Chicago is 8,000 square feet
    How much land does the Chicago, IL property at 2021 South Ruble Street include?
    2021 South Ruble Street in Chicago includes 0.275 acres of land
    What is the population within 1 mile of 2021 South Ruble Street in Chicago?
    The population within 1 mile of 2021 South Ruble Street Chicago, IL 60616 is 41,024 people.
    Who do I contact for questions about 2021 South Ruble Street?
    You should contact the listing agent, Steven Livaditis, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi) Directions
    Chicago Midway International Airport (MDW) 7
    Chicago O'Hare International Airport (ORD) 16
    South Bend Regional Airport (SBN) 69
    Price
    $1,850,000
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