1639 South Blue Island, Chicago IL 60608
Property Description
Prime mixed-use investment opportunity in the heart of Pilsen! Property is currently set up as a single-family home and building will be vacant at closing. This historic brick building, built in the late 1800's, offers approximately 4,000 sq ft across multiple units with strong potential rental income and future upside. The first-floor features an open-concept layout with two large rooms, laundry, fireplace, a spacious kitchen, and a full bath. The basement has 2 bedrooms / 1 bath (~1,500 sq ft) with 9ft ceilings. The second floor offers a full 3 bedrooms, 2 full baths, 2 gas fireplaces, an enclosed porch and wet bar for year-round entertaining. There is also an outdoor rooftop deck boasting stunning skyline views. Interiors include hardwood and tile flooring, in-unit laundry, recessed lighting, generous closets. Rare attached 2-car garage included. This is a very unique and well cared for property. The basement is fully finished and set up with two more bedrooms, full bath, kitchen and laundry. Cash or Commercial Financing will most likely be needed for purchase (Building is zoned C1-2). Located on bustling Blue Island Ave, just steps from 18th Street, CTA Pink Line, UIC, and the Medical District, this property benefits from a 96 Walk Score and a 99 Bike Score. Surrounded by Pilsen's vibrant dining, art, and cultural scene, this is an unbeatable live-work-invest opportunity. Whether you're looking to stabilize income, renovate for higher rents, or add a boutique storefront, 1639 S Blue Island delivers exceptional potential. Property sold "As Is"
Features & Information
Key Details
- List Price $699,999
- Property Taxes $11,115.96
- Square Feet 4000
- Price/ Sq. Ft. $175
- Year Built U
- Parking Type Garage
- Status New
Rooms
- Total Rooms 9
- Basement F
-
Master Bedroom
- Master Bath N
- Room Size 19X13
-
Bedroom 2
- Room Size 11X11
- Floor Level 2nd Level
-
Bedroom 3
- Room Size 12X11
- Floor Level 2nd Level
-
Bedroom 4
- Room Size 16X16
- Floor Level Basement
-
Living Room
- Room Size 18X24
- Floor Level Main Level
-
Family Room
- Room Size 20X17
- Floor Level Basement
-
Dining Room
- Room Size 17X21
- Floor Level Main Level
-
Kitchen
- Room Size 20X15
- Kitchen Type Eating Area-Breakfast Bar,Eating Area-Table Space
- Floor Level Main Level
-
Basement
- Basement Description Finished
- Bathroom(s) in Basement Y
Additional Rooms
-
Additional Room 1
- Additional Room 1 Name 5th Bdrm
- Additional Room Size 11X12
- Additional Room Level Basement
-
Additional Room 2
- Additional Room 2 Name Other
- Additional Room Size 15X24
- Additional Room Level Basement
Interior Features
-
Appliances
- Appliances Included Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
-
Heating & Cooling
- Heating Type Gas, Forced Air
- Air Conditioning None
-
Fireplace
- # of Fireplaces 2
Exterior Features
-
Building Information
- Age of Building 100+ Years
- Exterior Construction Brick
-
Parking
- Parking Garage
- # of Cars 2
- Garage Features Garage Door Opener(s),Transmitter(s),7 Foot or more high garage door
Location
- County Cook
- Township West Chicago
- Corporate Limits Chicago
- Directions to Property 18th St To Blue Island Ave, North On Blue Island Ave. Roosevelt To Racine, South On Racine Then South On Blue Island Ave.
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 11115.96
- Tax Year 2023
- Tax Exemptions Homeowner
- Parcel Identification Number 17203050170000
-
Lot Information
- Dimensions 110x24
Utilities
- Sewer Sewer-Publ
Listed by Kevin Smith for Century 21 S.G.R., Inc. | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 8/28/2025 10:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Pilsen
A vibrant neighborhood situated on the city’s Lower West Side, Pilsen is one of Chicago’s oldest communities. Weathered stone castles, colorful turrets, and ornamental accents harken back to the area’s Bohemian roots. Building on its working-class roots, Pilsen has become a destination for the arts in Chicago—striking murals and vivid mosaics can be found throughout the neighborhood. Pilsen is home to a variety of galleries and museums, such as the National Museum of Mexican Art, one of the most prominent institutions for Mexican art and culture in the United States. Multi-generational mom and pop shops sit side-by-side some of the city’s finest dining. From off the beaten track locales to hip eateries, Pilsen offers a wide variety ideal for all. Vintage shops, independent cafes, and offbeat markets add to the neighborhood’s charm.
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