Essex Realty Group, Inc. is pleased to announce the sale of 1417 West Cullerton Street, a 6 unit apartment building located in the heart of Chicago’s Pilsen neighborhood. The buyer was attracted to the location of this property and the neighborhood’s projected continued growth.
Pilsen is a culturally rich neighborhood situated roughly 3.5 miles southwest of Chicago’s Loop. The neighborhood of Pilsen features a diverse population mix including families, creative professionals, business professionals, medical students, and grad students. 18th Street is a bustling retail corridor that is home to many local cafes, coffee shops, bodegas, and restaurants. While Pilsen has a strong cultural presence filled with many local restaurants, several Chicago restaurant chains as well as critically acclaimed new chefs have opened up restaurants in recent years.
The property is also situated approx. less than a mile from Thalia Hall, a historic landmark and neighborhood cultural arts and events center as well as a concert hall. Thalia Hall is a prime example of the ever-growing art community that Pilsen is.
Not only are residents extremely close to downtown Chicago but they are also just west of McCormick Place, the largest convention center in North America. The property’s convenient location makes commuting around the city quite easy. The Subject Property is four blocks from the Halsted Metra Station, and in proximity to numerous bus stops.
- Renovated Apartments
- Updated Mechanical Systems; Individual HVAC & Hot Water Tanks
- Updated Electric Service & Wiring; 100 AMPs to Each Apartment
- Large Two and Three Bedroom Apartments with Updated Kitchens & Baths
- Rents 20% Below Market; Average $645 Per Bedroom
- Perfect Pilsen Location, Short Walk to Nightlife and Train