About 1314 West 18th Place
This is a great opportunity for a value add 6-unit brick building in Pilsen, ready for its next owner. It's a solid property that just needs some fixing up to reach its full potential. You'll find a good mix of units, including two 1-bed/1-bath apartments, three 2-bed/1-bath units, and a large 4-bed/2-bath duplex with its own laundry. The important updates are already done, with a roof less than 2 years old and some new heating and mechanicals. The property also offers shared laundry and a valuable two-car garage. With some work, this property is positioned to compete with the top-tier sales in Pilsen. Once updated and fully rented, the stabilized financials project a high capitalization rate for investors.
Features of 1314 West 18th Place
| MLS® # | 12487278 |
|---|---|
| Price | $900,000 |
| Bathrooms | 0.00 |
| Acres | 0.68 |
| Year Built | 1883 |
| Type | Commercial Sale |
| Sub-Type | Multi Family 5+ |
| Status | Active |
Community Information
| Address | 1314 West 18th Place |
|---|---|
| Area | CHI - Lower West Side |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60608 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Central Air, Window Unit(s) |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Finished |
Exterior
| Exterior | Brick |
|---|---|
| Foundation | Brick/Mortar |
Additional Information
| Days on Market | 12 |
|---|---|
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | You Properties LLC |
|---|---|
| Contact Info | erikrealtor1@gmail.com |