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42 Properties Within 0.5 miles of: 1639 S Blue Island, Chicago

1639 S Blue Island
Chicago, IL 60608

  • 3 Beds
  • 4 / 1 Baths
  • 4,000 Sq. Ft.
Price

$699,999

Est Payment
$4,637 / month (details)  
Taxes
$11,116  
Beds
3  
Baths
4 / 1  
Rooms
9  
Type
Detached Single  
Sq. Ft.
4,000  
Lot Size
110x24  
Neighborhood
Pilsen  
MLS
#12457078
Status
Active (5 days)

Property Description

Prime mixed-use investment opportunity in the heart of Pilsen! Property is currently set up as a single-family home and building will be vacant at closing. This historic brick building, built in the late 1800's, offers approximately 4,000 sq ft across multiple units with strong potential rental income and future upside. The first-floor features an open-concept layout with two large rooms, laundry, fireplace, a spacious kitchen, and a full bath. The basement has 2 bedrooms / 1 bath (~1,500 sq ft) with 9ft ceilings. The second floor offers a full 3 bedrooms, 2 full baths, 2 gas fireplaces, an enclosed porch and wet bar for year-round entertaining. There is also an outdoor rooftop deck boasting stunning skyline views. Interiors include hardwood and tile flooring, in-unit laundry, recessed lighting, generous closets. Rare attached 2-car garage included. This is a very unique and well cared for property. The basement is fully finished and set up with two more bedrooms, full bath, kitchen and laundry. Cash or Commercial Financing will most likely be needed for purchase (Building is zoned C1-2). Located on bustling Blue Island Ave, just steps from 18th Street, CTA Pink Line, UIC, and the Medical District, this property benefits from a 96 Walk Score and a 99 Bike Score. Surrounded by Pilsen's vibrant dining, art, and cultural scene, this is an unbeatable live-work-invest opportunity. Whether you're looking to stabilize income, renovate for higher rents, or add a boutique storefront, 1639 S Blue Island delivers exceptional potential. Property sold "As Is"

Property Map

Property Details

Rooms

Room
Level
Flooring
Size
Living Room
Main
18X24
Dining Room
Main
17X21
Kitchen
Main
20X15
Family Room
Basement
20X17
Laundry
Basement
5X10
Master Bedroom
Second
19X13
Bedroom 2
Second
11X11
Bedroom 3
Second
12X11
Bedroom 4
Basement
16X16
Bedroom 5
Basement
11X12
Other Room
Basement
15X24
Balcony/Porch/Lanai
Second
20X13

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling None
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Interior Features
Vaulted Ceiling(s), Wet Bar
Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Parking
2 Garage Spaces, Garage Door Opener, Garage, On Site, Garage Owned, Attached, Parking included in price
Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

08-28-2025 Listed at $699,999
Last Modified 8/28/25 12:54 PM

Nearby Transportation

  • Bus 18 0.1 mi
  • Bus 60 0.1 mi
  • Bus 9 0.3 mi
  • Bus X9 0.3 mi
  • Bus 21 0.4 mi
  • Bus 12 0.6 mi
  • Bus 62 0.7 mi
  • Bus 8 0.7 mi
  • Bus 157 0.7 mi
  • Bus 50 0.8 mi
  • Bus 7 1.0 mi
  • Bus 44 1.0 mi
  • Bus 126 1.1 mi
  • Burlington Northern 0.7 mi
  • Pink Line 0.5 mi
  • Orange Line 1.0 mi
  • Blue Line 1.2 mi
  • ZipCar 0.2 mi
  • I 55 South 0.8 mi
  • I 90 East 0.8 mi
  • I 94 East 0.8 mi
  • I 55 North 0.8 mi
  • I 90 West 0.8 mi
  • I 94 West 0.8 mi
  • I 290 East 1.1 mi
  • I 290 West 1.2 mi
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