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1314 W 18th Place Chicago, IL 60608

$700,000
New / MLS# 12598222 / Multi Unit - Multiple / Chicago
0 Beds
4320 SqFt

**First Showing will be Monday March 23rd from 2pm-4pm. After, we would need a 24hr notice.** This is a great opportunity for a value add 6-unit brick building in Pilsen, ready for its next owner. It's a solid property that just needs some fixing up to reach its full potential. You'll find a good mix of units, including two 1-bed/1-bath apartments, three 2-bed/1-bath units, and a large 4-bed/2-bath duplex with its own laundry. The important updates are already done, with a roof less than 2 years old and some new heating and mechanicals. The property also offers shared laundry and a valuable two-car garage. With some work, this property is positioned to compete with the top-tier sales in Pilsen. Once updated and fully rented, the stabilized financials project a high capitalization rate for investors.

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Baird & Warner Jan Mason Agent Cell: 312.560.3081 Email

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Estimated Payment

$ 2,809.06 per month $1,555.56 Principal & Interest $1,049.33 Property Tax $204.17 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Cooling: Central Air, Window Unit(s)
Lot Size: 0.68 Acres
Stories: 3.0
Taxes: $12,592
Year Built: 1883

Feature Descriptions

Current Use: Multi-Family
Drains: Courtyard
Electric: Circuit Breakers, Separate Meters
Exterior: Brick
Fire Protection: Fire Extinguisher/s, Carbon Monoxide Detector(s)
Foundation: Brick/Mortar
HVAC: Forced Air, Wall Unit, Separate Per Unit
Lot Dimensions: 24x124
Miscellaneous Outdoor: Courtyard
Parcel#: 17203130310000
Tenant Pays: Electricity, Heat
Units: 6

Location

See details and scored characteristics about this location.

Listing Office: You Properties LLC

Listing Office Phone: 312-721-1721



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