www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
20524512
20524511

1650 W 17th St, Chicago, IL 60608

AL
IL 475130926
SVN | Chicago Commercial
PC
IL 475130924
SVN | Chicago Commercial
Listed by SVN | Chicago Commercial
$3,950,000
582 days on market
Updated 43 days ago

Pilsen Redevelopment Opportunity

Details
APN 17-19-403-001,-002, -0000
Property Type Mixed Use, Multifamily (+1)
Sub Type Commercial Development, Redevelopment Site
Square Footage 82,250
Broker Co-Op Yes
Year Built 1912
Buildings 4
Stories 4
Acreage 2.140
Zoning RT-4
Investment Type Redevelopment

Redevelopment Site | 82,250 SF | 4 Buildings + Land

Marketing description

Four buildings totaling ±82,250 SF plus a large garage and ±44,000 SF of additional land for future development and/or parking.
Total land square footage of ±93,000 SF on a highly visible corner, just steps to the CTA Pink line, Costco and the 18th Street retail corridor.

Building 1 is the former convent building and is ±25,200 SF spanning five (5) floors, with a garden level. It features original hardwoods, wood molding, stained glass windows & more.

Building 2 is St. Adalbert's Church and is ±25,200 SF and features beautiful architecture and twin 185-foot towers, and nearly 60' ceiling heights inside.

Building 3 is the rectory building and consists of ±10,500 SF over four floors.

Building 4 is currently operating as a school and is ±20,955 SF over three (3) floors and has a beautiful courtyard with a playground adjacent to the property.

Located in the heart of Chicago's East Pilsen neighborhood steps from the 18th Street Pink Line stop and within walking distance to schools, public transportation, restaurants and shopping.
The subject property is located in a TOD (Transit Oriented Development), potentially allowing for increased density and parking.
Easy access to I-90/94, I-55, and I-290 and just a mile from Chicago's Business District (The Loop), University of Illinois (UIC) and the Illinois Medical District.

Investment highlights

  • Rarely Available Large Assemblage

  • 1 Block to Pink Line

  • Located within TOD for Reduced Parking Minimums

  • 4 Buildings + Land

  • Corner Exposure

  • Potential Student Housing or Medical

  • Walking Distance to Illinois Medical District

  • On-Site Parking

Listing Contacts

AL
IL 475130926
SVN | Chicago Commercial
PC
IL 475130924
SVN | Chicago Commercial
Listed by SVN | Chicago Commercial

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591