Essex Realty Group, Inc. is pleased to announce the sale 1603 South Wood, a six unit multi-family property located in the heart of Chicago’s popular Pilsen neighborhood. Renovated in 2018, the property features thoughtful spacious apartment units with high end finishes including quartz counter tops, stainless steel appliances and contemporary white hardwood kitchen cabinets. Each apartment includes washer/dryer, HVAC and hardwood floors throughout.
1603 South Wood presented a rare opportunity to own a turn-key property that was renovated with full plans and permits, right off of busy 18th Street in Pilsen. The prime location drew a number of competitive investors to the building which garnered multiple offers. The property ultimately closed within 60 days of list date.
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. The property sits just two blocks north of 18th Street, a bustling retail corridor which is home to a number of 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 along 18th Street in recent years.
The property is located on the east side of Wood Street just south of 16th Street, in the heart of Chicago’s Pilsen neighborhood. The property is also conveniently located 0.2 miles from the 18th Street Pink Line CTA Station, less than one mile from the Western Avenue Metra Station, and in close proximity to numerous bus stops.
- Multiple Offers Received
- Full Renovation in 2018 with full plans, permits and certificate of occupancy
- Listed and Closed in 60 days
- 2 Blocks From vibrant 18th Street
- Large front and back four flat, with two unit coach house
- High End finishes plus Laundry In-Unit