Flip Opportunity - 4-Unit - Pilsen
About This Property for Sale
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Welcome to your next Big Investment Opportunity. This legally zoned 4-Unit property resides in the heart of Pilsen, one of the Most Vibrant & culturally rich neighborhoods in Chicago, IL. This property has great potential for the right experienced investor who is capable of taking on large rehab projects. The property consists of 2 separate brick buildings on 1 lot with both building housing 2 units each. The building is currently an unoccupied shell with a solid foundation, outer walls & floors with Architectural plans in process to turn the buildings into a gorgeously updated Two dormered 3 bedroom/2 bath units (1 with over 1200 sq. ft), One 2 bedroom/1 bath unit & One spacious 1 bedroom/1 bath unit. The total living space will be over 4,000 square ft. The plans in place have been vetted by an experienced Architect that is versed in City code & building regulations. Current plans include having in unit laundry, individual HVAC units for heating & cooling along with separated Gas & Electric meters for each unit. Whether you want to renovate & resell or renovate & keep for Cash Flow, for the right investor, this property has high profit potential in a highly desired area in Pilsen, IL.
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