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965 W 18th Street Chicago, IL 60608

$1,469,000
New / MLS# 12631408 / Multi Unit - Multiple / Chicago
0 Beds
6025 SqFt

Fully Renovated 5-Unit Masonry Brick Mixed-Use Building Located on Pilsen's 18th Street Retail Corridor. The property includes (2) 3 bed, 2 bath residential apartments plus (3) built-out commercial units, offering strong in-place income in a prime Chicago neighborhood. The building was gut renovated in 2017-stripped to the floor joists and completely rebuilt, featuring updated interiors throughout. The residential units offer modern kitchens with stainless steel appliances, exposed brick accents, hardwood flooring, and excellent natural light. Current ownership has completed extensive additional capital improvements, including a new coach house roof, parapet wall reconstruction, Hardy board siding, masonry updates, replacement of multiple water heaters, added windows and lighting, a Doorbird entry system, and further updates to the residential units. Ownership also oversaw the buildout of all three commercial spaces and secured a new long-term tenant, Vela Spa. Ideally located near UIC, downtown Chicago, Cinespace Film Studios, and some of Pilsen's most popular restaurants, retail, and entertainment. Easy access to Metra and CTA transit. The property currently generates $149,352 in annual income, providing investors with a turnkey opportunity in one of Chicago's most sought-after mixed-use corridors.

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Baird & Warner Malissa Huicochea Agent Cell: 224.407.7929 Email

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Estimated Payment

$ 5,209.07 per month $3,264.44 Principal & Interest $1,516.17 Property Tax $428.46 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Cooling: Central Air
Lot Size: 0.06 Acres
Stories: 3.0
Taxes: $18,194
Year Built: 1885

Feature Descriptions

Electric: Circuit Breakers, Separate Meters
Exterior: Brick
Fire Protection: Fire Extinguisher/s
HVAC: Forced Air, Gas
Lot Dimensions: 25 X 100
Parcel#: 17204120030000
Tenant Pays: Air Conditioning, Electricity, Heat, Varies by Tenant
Units: 5

Location

See details and scored characteristics about this location.

Listing Office: eXp Realty

Listing Office Phone: 888-574-9405



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