Description
Delighted to present: The Persepolitan. * A bohemian treasure in the vibrant and historic Pilsen community. * Prime Commercial Property * This property features four oversized residential units and one expansive commercial space. * Strong Investment Opportunity * Offering a double-digit CAP rate, driven by steady cash flow and significant appreciation potential. * Unmatched Accessibility * A commuter's delight, located at the intersection of 18th St. and Ashland Ave., with bus stops within walking distance and the Pink Line train station just a short walk away. * High Foot & Vehicle Traffic * This highly accessible location ensures consistent foot traffic and remarkable commuter convenience. The intersection boasts an Average Daily Traffic (ADT) count of nearly 36,000 vehicles-a major advantage for any local business. * Enhanced Logistics & Deliveries * A loading dock on Marshfield Avenue at the rear of the building improves accessibility for deliveries and logistics. * Proximity to Major Landmarks & Employers * Just minutes from Chicago's Medical District, the University of Illinois at Chicago (UIC), FBI Headquarters, Rush University Medical Center, the National Museum of Mexican Art, and Thalia Hall-a historic live music venue that draws both locals and visitors with top-tier performances. * A Culinary & Cultural Destination * Pilsen is home to some of Chicago's best restaurants, cafes, and cultural hotspots. * Besides its formidable culinary chops, Pilsen is world-famous for its vibrant murals and street art, which transform the neighborhood into an open-air gallery. * From large-scale, pieces to intimate depictions of everyday life, these murals tell the story of Pilsen's rich cultural heritage and deep-rooted artistic community. * This colorful, dynamic landscape adds to the area's energy and makes it one of the most visually striking neighborhoods in Chicago. * This four unit mixed-use residential building has a powerful zoning: C1-2 * Investors will appreciate the versatile commercial use, accommodating tenants such as: national retailers * Coffee shops, restaurants, salons * Artist live/work spaces * Universities, daycare centers, veterinary clinics * Urban farming, banquet halls, insurance agencies * Banks, financial services, bed & breakfasts, vacation rentals * Medical offices, data storage, auto supply stores * Motorcycle/boat sales, artisan industrial businesses * Laundromats/dry cleaning services * Wholesale operations, freight & warehousing * Wireless communication facilities and more! * Additionally, apartments are permitted above the ground floor, with over 5,000 square feet of divisible residential space currently in use. * Strategic Location & Convenience * Costco is just two minutes away * Super easy access to I-290, I-55, and I-90/94 * Immediate convenience, cashflow, & long-term value * Seize this rare opportunity. Invest in a strong, thriving community with a bright future. Schedule your showing today.
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School Ratings & Info
Description
Delighted to present: The Persepolitan. * A bohemian treasure in the vibrant and historic Pilsen community. * Prime Commercial Property * This property features four oversized residential units and one expansive commercial space. * Strong Investment Opportunity * Offering a double-digit CAP rate, driven by steady cash flow and significant appreciation potential. * Unmatched Accessibility * A commuter's delight, located at the intersection of 18th St. and Ashland Ave., with bus stops within walking distance and the Pink Line train station just a short walk away. * High Foot & Vehicle Traffic * This highly accessible location ensures consistent foot traffic and remarkable commuter convenience. The intersection boasts an Average Daily Traffic (ADT) count of nearly 36,000 vehicles-a major advantage for any local business. * Enhanced Logistics & Deliveries * A loading dock on Marshfield Avenue at the rear of the building improves accessibility for deliveries and logistics. * Proximity to Major Landmarks & Employers * Just minutes from Chicago's Medical District, the University of Illinois at Chicago (UIC), FBI Headquarters, Rush University Medical Center, the National Museum of Mexican Art, and Thalia Hall-a historic live music venue that draws both locals and visitors with top-tier performances. * A Culinary & Cultural Destination * Pilsen is home to some of Chicago's best restaurants, cafes, and cultural hotspots. * Besides its formidable culinary chops, Pilsen is world-famous for its vibrant murals and street art, which transform the neighborhood into an open-air gallery. * From large-scale, pieces to intimate depictions of everyday life, these murals tell the story of Pilsen's rich cultural heritage and deep-rooted artistic community. * This colorful, dynamic landscape adds to the area's energy and makes it one of the most visually striking neighborhoods in Chicago. * This four unit mixed-use residential building has a powerful zoning: C1-2 * Investors will appreciate the versatile commercial use, accommodating tenants such as: national retailers * Coffee shops, restaurants, salons * Artist live/work spaces * Universities, daycare centers, veterinary clinics * Urban farming, banquet halls, insurance agencies * Banks, financial services, bed & breakfasts, vacation rentals * Medical offices, data storage, auto supply stores * Motorcycle/boat sales, artisan industrial businesses * Laundromats/dry cleaning services * Wholesale operations, freight & warehousing * Wireless communication facilities and more! * Additionally, apartments are permitted above the ground floor, with over 5,000 square feet of divisible residential space currently in use. * Strategic Location & Convenience * Costco is just two minutes away * Super easy access to I-290, I-55, and I-90/94 * Immediate convenience, cashflow, & long-term value * Seize this rare opportunity. Invest in a strong, thriving community with a bright future. Schedule your showing today.
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