965 W 18Th St Chicago, IL 60608
Five-unit building with residential and commercial spaces in Chicago.
Property size:
6,025 SFLot size:
2,500.00 AcresProperty Features for 965 W 18Th St
General Information
- Standard status
- Active
- Zoning
- COMMR
- Size
- 6,025 SF
- Lot size
- 2,500.00 Acres
Building Details
- Year built
- 1885
Source:
Crexi
Listing Agency: EXP Realty Listing Agent: Jake Fugman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Renovated Pilsen Mixed-Use Building
This fully renovated five-unit masonry brick mixed-use building is situated on Pilsen's 18th Street retail corridor. The property features two three-bedroom, two-bath residential apartments and three built-out commercial units, providing strong in-place income within a prime Chicago neighborhood. Gut renovated in 2017, the building was stripped to the floor joists and completely rebuilt, showcasing updated interiors throughout. The residential units include modern kitchens with stainless steel appliances, exposed brick accents, hardwood flooring, and excellent natural light. Extensive additional capital improvements have been completed, including a new coach house roof, parapet wall reconstruction, Hardy board siding, masonry updates, replacement of multiple water heaters, added windows and lighting, and a Doorbird entry system. All three commercial spaces were built out under current ownership, which also secured a new long-term tenant, Vela Spa. The property is ideally located near UIC, downtown Chicago, Cinespace Film Studios, and various popular restaurants, retail establishments, and entertainment venues in Pilsen. It also offers easy access to Metra and CTA transit. The property generates $149,352 in annual income, presenting investors with a turnkey opportunity in a sought-after mixed-use corridor. The property size is 6,025 square feet.
Location Intelligence
Current Use by Public Records
Vive Healthy Sport ...
Gym & Fitness Center
Iron Lung Fitness
Gym & Fitness Center
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6512126
- Latitude
- 41.8578433
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FAQs
What type of property is this?
Mixed-use property - Five-unit building with residential and commercial spaces in Chicago.
Where is this mixed-use property located?
The property is located at 965 W 18Th St Chicago, IL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: - Fully renovated in 2017 with updated interiors and additional capital improvements.; - Strong in-place annual income of $149,352, offering a turnkey investment opportunity.; - Prime location on Pilsen's 18th Street retail corridor, near UIC, downtown Chicago, and popular amenities.
