Just minutes from the Loop, this turnkey, thoughtfully updated two-flat offers an exceptional opportunity in the heart of the Chicago Arts District in desirable East Pilsen-steps from vibrant galleries, dining, and nightlife, with effortless access to major expressways and close proximity to the University of Illinois Chicago. The property features a bright 1BD/1BA first-floor unit with a full basement (currently vacant), presenting incredible flexibility for an owner-occupant. Use the basement as-is for storage and workspace, or unlock its full potential by adding additional rooms or a bathroom-create the layout that fits your vision. Upstairs, a spacious 3BD/1BA unit is tenant-occupied at $2,000/month, providing immediate, stable rental income (tenant would prefer to remain). Both units offer separate utilities, central heat and air, in-unit washer/dryers, and abundant natural light throughout. The freshly painted first-floor unit has been fully refurbished with a brand-new furnace, a beautifully updated kitchen with stainless steel appliances, new flooring, and stylish new bathroom tile. The second-floor unit features newer finishes throughout, including an updated furnace and water heater. Major capital improvements provide true peace of mind: new siding (2025), new roof on both the house and two-car garage, new garage gutters (2020), and a new side staircase (2021). Two garage parking spaces add convenience and long-term value in this sought-after neighborhood. Ideal for an owner-occupant looking to offset their mortgage or an investor seeking a well-maintained, income-producing asset in a prime location, vibrant East Pilsen. Owner is happy to work with buyer and/or buyer's agent. 48 hours' notice required for showings per tenant rights.
1621 S Ruble Street, Chicago, IL 60616, is a 4 bedroom Multi Family built in 1884.
This property is currently available for sale and was listed on Mainstreet REALTORS® on 2-16-2026.
The MLS# for this Multi Family is MLS# MRD12569467.
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