Pullman Mixed-Use Value-Add
For Sale
$150,000
233-241 E 115th St, Chicago, IL 60628
9 unit mixed use building in Chicago's Pullman neighborhood
Property Size6,300 SF
Lot Size0.23 Acres
Price / SF$23.81
Days on Market627
Property Features for 233-241 E 115th St
General Information
Standard status
Active
Property type
Other retail properties, Individual retail properties, Retail residential properties, Retail properties & Spaces, Mixed-use properties
Size
6,300 SF
Class
C
Total Parking Spaces
10
Elevators
N/A
Lot size
0.23 Acres
Building Details
Year Built
1906
Listed By:
Noah Birk
(630) 209-3622
Added: Jan 16, 2025
Changed: Mar 16
Investment Insights
Based on property information with market context.
Located in Chicago's Pullman neighborhood, this 6,300 square foot mixed-use building at 233-241 E 115th St offers a value-add opportunity. The property, situated on a 0.23-acre lot, contains nine units: three 1-bedroom/1-bathroom units, one 2-bedroom/1-bathroom unit, and five retail spaces. The building is currently vacant, presenting an opportunity to renovate the apartments and retail spaces. There is potential to convert some units into larger 2-bedroom apartments. Individual utilities for each unit simplify management. The location is near Palmer Park and the Kensington/115th Metra Station, and a 25-minute drive from downtown Chicago.
Key Highlights
- Significant Value Add Opportunity
- 100% Vacant
- $16.7K per Unit
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,062
Businesses Nearby
25k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 88%
Dining 8%
Apparel 4%
Family Dollar
Shops & Services
8,624 visits/mo
0.4 miles
Dollar General
Shops & Services
4,408 visits/mo
0.3 miles
Citgo
Shops & Services
3,705 visits/mo
0.4 miles
QuikStop
Shops & Services
2,812 visits/mo
0.2 miles
Pepe's Mexican Restaurant
Dining
2,032 visits/mo
0.3 miles
Demographics for 60628, IL
62,832
Population
28,736
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
5,712
Density / Sq Mi
$49,719
Median Household Income
$35,974
Median Earnings
$1,168
Median Rent
$158,500
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Other retail property - 9 unit mixed use building in Chicago's Pullman neighborhood
Where is this other retail property located?
The property is located at 233-241 E 115th St Chicago, IL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Significant Value Add Opportunity; 100% Vacant; $16.7K per Unit
