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