Chicago, IL 60608 1870 S Blue Island Avenue
$1,500,000



17 more


















Presented By: Eldorrado Chicago Real Estate
Home Details
Prime Mixed-Use Opportunity in Iconic Pilsen Building! Don't miss this exceptional chance to expand your business or investment portfolio in one of Pilsen's most recognizable and high-traffic locations. This elevator building offers two commercial floors-each approximately 4,900 SF-that can be leased together or separately, providing outstanding flexibility for a wide range of uses. ***The main floor boasts a spacious open layout, ideal for retail, creative office, or showroom space. ***The second floor includes six private offices, previously used as medical suites. Currently, three spaces are leased to commercial tenants, offering built-in income and potential for so much more. Ample storage and diagonal parking add convenience for tenants and customers alike. ***The third floor features a beautifully remodeled 3,000+ SF private residence with phenomenal skyline views-an urban oasis above it all. And there's even more potential: the flat roof above the rear commercial space offers the perfect opportunity to add an enormous private deck for entertaining, gardening, or relaxation. Located just steps from the 18th Street Pink Line station and major bus routes, this property sits in one of Chicago's most vibrant and creative neighborhoods. The ward is development-friendly and open to working with forward-thinking developers. Whether you're envisioning a flagship commercial space, a dynamic mixed-use concept, or a one-of-a-kind live/work environment-your dreams can come true here. Success attracts success-make this iconic address the next chapter in your story.
Presented By: Eldorrado Chicago Real Estate
Interior Features for 1870 S Blue Island Avenue
Other Interior Features
FlooringConcrete, Tile, Wood
General for 1870 S Blue Island Avenue
Additional Parcels Y/NNo
Cap Rate9.17
CityChicago
Construction MaterialsBrick, Concrete, Steel Siding, Stone
CoolingCentral Air
CountyCook
Current UseCommercial
Directions18th to Blue Island south on Blue Island to 19th. Building on the Corner.
ElectricCircuit Breakers, Service - 201 to 600 Amps, Over 600 Amps
Electric Expense
Fuel Expense
Gross Income206800
Insurance Expense
Lot Size Square Feet5000
MLS AreaCHI - Lower West Side
ModificationTimestamp2025-07-31T05:07:30.313Z
Net Operating Income155905
Number Of Units Total13
Operating Expense31020
Possible UseCommercial, Office, Multi-Family, Retail
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
RoofReflective Coating
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount19875
Tax Year2023
Tenant PaysVaries by Tenant
TownshipWest Chicago
Trash Expense0
Water Sewer Expense0
Year Built1899
ZoningCOMMR
Exterior for 1870 S Blue Island Avenue
Building Area Total12800
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot DimensionsPER SURVEY
Additional Details
Price History
