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    1854 W 18th Street

    Chicago, IL 60608
    • $1,550,000
    • STATUS: Active
    • ON SITE: 125 days
    • MLS #: 10949197
    UPDATED: 19 min ago
    $1,550,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,500
      SQFT
    • $238
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2016
    County:

    School Ratings & Info

    Description

    1854 W 18th St is located in a perfect Pilsen location just off the corner of 18th and Wolcott across the street from Harrison Park and a 3 minute walk to the 18th St CTA Pink Line. With a walk score of 94, this location is labeled a "Walker's Paradise!" The property was completely gut rehabbed in 2016 and features one (1) street front retail space along with five (5) high end residential units with granite counter tops, custom kitchens with stainless steel appliances, luxury bathrooms, in-unit washer and dryer, all new hardwood floors, smart home features including nest thermostats, video entry security system and smart locks, rear decks, and on site parking. An abundance of capital improvements were completed including all new tear off roof, 600 AMP electric service, plumbing including new water main, HVAC systems, new lintels, front facade improvements, a new 4th floor addition, and more. Investors have the opportunity to acquire a completely renovated high end asset in a perfect Pilsen location realizing a strong long term investment.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2021-04-13T07:04:19.86 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1854 W 18th Street Chicago, IL 60608

    • Price: $1,550,000
    • Status: Active
    • Updated: 19 min ago
    • MLS #: 10949197
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    6,500
    SQFT
    $238
    $/SQFT
    2016
    Built
    Neighborhood:
    Chi - Lower West Side
    County:
    Cook
    Area:
    Chi - Lower West Side
    Property Description
    1854 W 18th St is located in a perfect Pilsen location just off the corner of 18th and Wolcott across the street from Harrison Park and a 3 minute walk to the 18th St CTA Pink Line. With a walk score of 94, this location is labeled a "Walker's Paradise!" The property was completely gut rehabbed in 2016 and features one (1) street front retail space along with five (5) high end residential units with granite counter tops, custom kitchens with stainless steel appliances, luxury bathrooms, in-unit washer and dryer, all new hardwood floors, smart home features including nest thermostats, video entry security system and smart locks, rear decks, and on site parking. An abundance of capital improvements were completed including all new tear off roof, 600 AMP electric service, plumbing including new water main, HVAC systems, new lintels, front facade improvements, a new 4th floor addition, and more. Investors have the opportunity to acquire a completely renovated high end asset in a perfect Pilsen location realizing a strong long term investment.
    Exterior Features

    Parking Total 2

    Interior Features

    Basement Description Partially Finished Cooling Central Individual Electric Circuit BreakersSeparate MetersOver 600 Amps Heat Ventilation Central Heat/Indiv Controls Indoor Parking 1-5 Spaces Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Unit1 3 Number Of Bedrooms Unit2 2 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Dishwashers 5 Number Of Dryers 5 Number Of Full Bathrooms Type1 3 Number Of Full Bathrooms Type2 1 Number Of Full Bathrooms Type3 .1 Number Of Ranges 5 Number Of Refrigs 5 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 5 Number Of Rooms Unit2 4 Number Of Rooms Unit3 1 Number Of Rooms Unit7 0 Number Of Units Apt Type1 3 Number Of Units Apt Type2 2 Number Of Units Apt Type3 1 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Number Of Washers 5

    Property Features

    Additional Parcels YN No Built Before1978 YN No Cap Rate 6.73 Current Use Multi-Family Electric Expense 1245 Expense Year 2020 Fuel Expense 0 Gross Income 136200 Gross Scheduled Income 140705 Insurance Expense 5567 Janitor Expense 1350 Lot Size Dimensions 125X25 Maintenance Expense 1350 Monthly Income Max1 2800 Monthly Income Max2 1720 Monthly Income Max3 1100 Net Operating Income Year 2020 Operating Expense 32416 Other Expense 4284 Tax Annual Amount 6653 Tax Year 2019 Tenant Pays ElectricityHeatScavenger Total Monthly Income 11350 Trash Expense 2871 Type Multi Family Flats Washer Dryer Leased YN No Water Sewer Expense 2271

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Flats, Llc.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2021-04-13T07:04:19.86 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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