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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Listing History
05-03-2024
Listed at $1,500,000
09-11-2024
Price decreased by $300,000 to $1,200,000
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