In The River's Edge Pocket Of East Pilsen lies a two flat that awaits your rehab ideas. Legal non-conforming residential on c1-2 zoned land (see pics zoning map attached). Perfect for a owner occupied Rehab loan project(203k) or just a rehabber doing a cash deal and flip/hold. For owner occupant : Rehab this to condo quality and rent one unit for $2000+ and live in other unit for under what you would pay rent and sit on equity that will rise as you spend years with easy walks to the south loop(over 18th st bridge one block to east) or to Roosevelt shop district. There you find Whole Foods, Icon Theatre etc. This is a prime location about to explode. Fyi: there was a 400+ Unit Planned Unit Development passed around corner 1/2 block to south(see pics attached). 5 condos 1 block east, New Park on Jefferson 1 block north w 25 unit condo conversion. Yes, you will be in the middle of the Renaissance here. Bring offers: AS-IS rider is uploaded in additional docs.
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For more information about 1847 S Canalport, Chicago, IL 60616 contact Urban Real Estate.
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