Sold

1517 W 18th Street

Chicago IL, 60608

$1,600,000


Sold

Commercial

Built in 1882

Courtesy of Triton Realty Group LLC

No expense was spared with this 2019 gut renovated asset in Pilsen. The property includes a mixed-use 6-unit walk-up building and a 2-unit coach house. With the recent renovation, this building has some of the nicest apartments in area. The walk-up contains (3) 2-bed / 1-bath units, (2) 1-bed / 1-bath units, and one retail store front. The coach house contains (2) 1-bed / 1-bath apartments. A new owner has the ability to increase the below market rents from covid to market. Strong, stable retail tenant with great presence in neighborhood and online. All apartments have WD in unit, individual central heat/AC, and all updated finishes. New construction going up next door. Building is right in the heart of Pilsen's main retail corridor. Prime location in Pilsen completely turn key for less than 12x GRM and 6.32% CAP.

11443290

MLS ID

June 22, 2022

Listed

March 28, 2024

Updated

Map

1517 W 18th Street
Chicago IL, 60608

Interior Features

Total Stories

3


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.07 Acres

Other Property Details

Area Name

CHI - Lower West Side


Taxes

$9,043


Tax Frequency

Annually


Days on Market

27


Garage

No


View

No


County

Cook


Pool

No


Buyer Agency Compensation

2%

Courtesy of Triton Realty Group LLC, Edward Liss,
Listing Contact: 630-251-4110 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Town Realty Chicago: Meg and Matt are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 3/28/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 4:07 AM UTC, 3/28/2024

 

 

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