2300 W. 23RD ST & 2301-03 S. OAKLEY AVE

Property Overview

Interra Realty has been exclusively engaged to bring to market this two (2) property nineteen (19) unit mixed use portfolio in Chicago's Pilsen neighborhood. These properties are kitty-corner from each other and located at 2300 W 23rd St (8 unit mixed use) and 2301-2303 S Oakley Ave (11 unit mixed use).

The buildings consist of two (2) one-bedroom, one-bath units, thirteen (13) two-bedroom, one-bath units, two (2) three-bedroom units, and two (2) street-level retail spaces. Sixteen (16) of the Seventeen (17) residential units have undergone renovations with updated kitchens, bathrooms, flooring while one (1) unit has updated flooring but older kitchen and bath (2300-2M). All Seventeen (17) residential units have newer central heat while the seven (7) residential units at 2300 W 23rd feature central AC as well. The furnaces at 2301-03 S Oakley have coils for AC installs.

2301-03 S Oakley Ave had recent capital improvements including a new rear porch, windows, 400 AMP electric service, a new perimeter fence and more. 2300 W 23rd St had recent capital improvements including new individual HVAC in all units, hallway improvements, electrical upgrades and more.

Learn more about this transaction here

Highlights

  • Two Property Portfolio, Nineteen (19) Total Units in Pilsen
  • Unit Mix: Two (2) Street Front Retail, Two (2) One Bed, One Bath Units, Thirteen (13) Two Bed, One Bath Units, and Two (2) Three Bed, OneBath Units.
  • 2301-2303 S Oakley Ave – Eleven (11) Total Units Including One RetailSpace – All Units Updated with Central Heat. New Wooden Porch, New400 AMP Service, Six Recently Remodeled Apartments
  • 2300 W 23rd St – Eight (8) Total Units Including One Retail Space. All New Central HVAC, Recently Remodeled Units. Two-Car Garage.

Key Details

Submarket
Pilsen
Number of Properties
Two (2)
Total Number of Units
Nineteen (19)-Seventeen (17) Residential & Two (2) Commercial
Transaction Date
2023