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2021-29 S Ruble Street Chicago, IL $ 1,500,000
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$ 1,500,000 Get more info
2021-29 S Ruble Street
$ 1,500,000
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2021-29 S Ruble Street

Chicago, IL, 60616
$ 1,500,000
Bedrooms1 Baths0.0

Monthly Estimate*

$ 9,969

2021-29 S Ruble Street, Chicago, IL 60616 - Image 1

Multi-Family Home for sale in Chicago, IL

for $1,500,000 with 1 bedroom. This home was built in 1895 on a lot size of 0.275482.

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.

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Multi-Family Active

Price

$ 1,500,000

Bedrooms

1

Property Type

Multi-Family

Taxes

$ 28,099

Style

Lot Size

0.275482

Year Built

1895

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12046467
Features
General
Zoning MULTI
Year Built 1895
Tenant Pays Electricity Heat
Stories 2
Tax Year 2022
Gross Income 117660
County Cook
Net Operating Income 62509
Operating Expense 56551
Insurance Expense 6000
Property Type Commercial Sale Multi Family 5+
Status Active
Directions Ruble is a one-way street going North.
City Chicago
Total Units 8
MLS Area CHI - Armour Square
Lot Size Square Feet 12000
Street Name Ruble
Tax Annual Amount 28099
Electric Expense 1771
Fuel Expense 1050
Trash Expense 0
Water Sewer Expense 3673
Additional Parcels Y/N Y
Days on Market 6
Standard Status Active
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Exterior
Lot Dimensions 12000
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Interior
Street Suffix Street
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* Excluded Features
List By
Essex 312, Llc

Broker

ryan@essex312.com

Email

Affordability Calculator

$12,311
Per Month
81%
19%
0%
Monthly Principal & Interest
$9,969
Monthly Property Taxes
$2,342
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/3/2024$1,500,000 Listed Price

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2021-29 S Ruble Street, Chicago, IL, 60616 is a Multi-Family Home for sale at $1,500,000 with a lot size of 0.275482. 2021-29 S Ruble Street has 1 bedrooms, 0.0 baths, and was built in 1895. The property's zip code is 60616 which is in Chicago, IL

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