Property profile

1640 West 18Th St Chicago, IL 60608

FOR LEASE
Retail properties & Spaces
Property ID
US28-2273164
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Property summary

AI-generated overview

This exceptional 1,892-square-foot commercial space is ideally situated on 18th Street in the vibrant Pilsen neighborhood of Chicago, Illinois. The property, located at 1640 W 18th St, zip code 60608, is classified as Class C and zoned B3-2 within Cook County. This single-tenancy space is part of a four-story building and offers a versatile layout suitable for various uses, including retail, restaurant, creative office, or medical office. The space will be delivered in vanilla box condition, providing a blank canvas for tenant improvements. A full basement is included, offering ample storage. The open floor plan and abundant natural light create a welcoming and functional environment. Its prime location offers excellent visibility and accessibility, being just steps from the CTA Pink Line 18th Street station. The property benefits from strong co-tenancy, including well-known businesses such as Athletico, Costco, Dunkin', Intersect Coffee, Bank of America, Fifth Third Bank, and Family Dollar, ensuring high foot traffic and a thriving commercial environment. Lease terms are negotiable.

Property profile

Verified
Property type Retail properties & Spaces
UPID US28-2273164

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1640 West 18Th St Chicago, IL 60608
Chicago metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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