Just minutes from the Loop, this turnkey, thoughtfully updated two-flat offers an exceptional opportunity in the heart of the Chicago Arts District in desirable East Pilsen-steps from vibrant galleries, dining, and nightlife, with effortless access to major expressways and close proximity to the University of Illinois Chicago. The property features a bright 1BD/1BA first-floor unit with a full basement (currently vacant), presenting incredible flexibility for an owner-occupant. Use the basement as-is for storage and workspace, or unlock its full potential by adding additional rooms or a bathroom-create the layout that fits your vision. Upstairs, a spacious 3BD/1BA unit is tenant-occupied at $2,000/month, providing immediate, stable rental income (tenant would prefer to remain). Both units offer separate utilities, central heat and air, in-unit washer/dryers, and abundant natural light throughout. The freshly painted first-floor unit has been fully refurbished with a brand-new furnace, a beautifully updated kitchen with stainless steel appliances, new flooring, and stylish new bathroom tile. The second-floor unit features newer finishes throughout, including an updated furnace and water heater. Major capital improvements provide true peace of mind: new siding (2025), new roof on both the house and two-car garage, new garage gutters (2020), and a new side staircase (2021). Two garage parking spaces add convenience and long-term value in this sought-after neighborhood. Ideal for an owner-occupant looking to offset their mortgage or an investor seeking a well-maintained, income-producing asset in a prime location, vibrant East Pilsen. Owner is happy to work with buyer and/or buyer’s agent. 48 hours’ notice required for showings per tenant rights.
Property Details
Price:
$650,000
MLS #:
MRD12569467
Status:
Active Under Contract
Beds:
4
Baths:
2
Type:
Multi Family
Neighborhood:
chilowerwestside
Listed Date:
Feb 16, 2026
Year Built:
1884
Schools
School District:
299
Elementary School:
Walsh Elementary School
Interior
Appliances
Humidifier
Heating
Natural Gas
Exterior
Architectural Style
Bungalow
Community Features
Park, Sidewalks, Street Lights, Street Paved
Construction Materials
Vinyl Siding, Brick
Garage Spaces
2
Parking Features
Garage Door Opener, Garage, Yes, Garage Owned, Detached
Parking Spots
2
Parking Total
2
Patio And Porch Features
Deck, Patio
Window Features
Screens
Financial
Tax Year
2024
Taxes
$7,031
Listing Agent & Office
Ryan Cherney
Circle One Realty
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1621 S Ruble Street
Chicago, IL


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