Chicago, IL 60608 1314 W 18th Place
$700,000



32 more
































Presented By: You Properties LLC
Home Details
**First Showing will be Monday March 23rd from 2pm-4pm. After, we would need a 24hr notice.** 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.
Presented By: You Properties LLC
Interior Features for 1314 W 18th Place
Other Interior Features
BasementFinished
General for 1314 W 18th Place
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingCentral Air, Window Unit(s)
CountyCook
Current UseMulti-Family
DirectionsEast Cermak Rd Left on Throop East to 18th PL
ElectricCircuit Breakers, Separate Meters
Electric Expense1200
Fuel Expense
Gross Income34000
Insurance Expense26000
Lot Size Square Feet2976
MLS AreaCHI - Lower West Side
MaintenanceExpense
Net Operating Income1000
Number Of Units Total6
Operating Expense32000
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories Count3
Tax Annual Amount12592
Tax Year2023
Tenant PaysElectricity, Heat
TownshipWest Chicago
Trash Expense0
Water Sewer Expense4800
Year Built1883
ZoningMULTI
Exterior for 1314 W 18th Place
Building Area Total4320
BuyerOfficeFax(312) 676-1867
Foundation DetailsBrick/Mortar
Lot Dimensions24x124
Lot Size Acres0.68
Additional Details
Price History

SQFT • 4,320