Chicago, IL 60616 2021-29 S Ruble Street
$1,200,000
Presented By: Essex 312, LLC
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Beds • 1
Home Details
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.
Presented By: Essex 312, LLC
Interior Features for 2021-29 S Ruble Street
Other Interior Features
Street SuffixStreet
General for 2021-29 S Ruble Street
Additional Parcels Y/NYes
CityChicago
CountyCook
Days on Market137
DirectionsRuble is a one-way street going North.
Electric Expense1771
Fuel Expense1050
Gross Income117660
Insurance Expense6000
Lot Size Square Feet12000
MLS AreaCHI - Armour Square
MaintenanceExpense2600
Net Operating Income62509
NumberOfUnitsTotal8
Operating Expense56551
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount28099
Tax Year2022
Tenant PaysElectricity, Heat
Trash Expense0
Water Sewer Expense3673
Year Built1895
ZoningMULTI
Exterior for 2021-29 S Ruble Street
Lot Dimensions12000
Additional Details
Price History
