1334 W 18th Place, Chicago, IL

$2,575,000

Previous Next

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

OfficeTriton Realty Group LLC

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?