About 1334 W 18th Place
1334 W. 18th Pl. is an 11-unit multifamily asset in the heart of Pilsen. A 3-story front building with loft space and a detached coach house deliver a diverse mix of 1, 2, and 3-bedroom units. Renovated in 2016, the masonry property is professionally managed and fully occupied with staggered lease expirations through 2027. Every unit features in-unit laundry, central A/C, and its own gas forced-air furnace, commanding premium rents and exceptional retention. Gas and electric are tenant paid. In-place rents average $1,796 against $1,927 market, yielding a 6.27 pro forma cap rate with no deferred capital. A half block from 18th St. dining, retail, and galleries; nearby CTA Pink Line stations and I-90/94 access.
Features of 1334 W 18th Place
| MLS® # | 12750730 |
|---|---|
| Price | $2,575,000 |
| Bathrooms | 0.00 |
| Year Built | 1883 |
| Type | Commercial Sale |
| Sub-Type | Multi Family 5+ |
| Status | Active |
Community Information
| Address | 1334 W 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 |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|
Additional Information
| Days on Market | 7 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Triton Realty Group LLC |
|---|