18th Street Mixed-Use

Highlights:

• Prime 18th Street Location in Chicago
• Newer Renovation in 2017
• Full Basement for Additional Space
• On-Site Laundry Facilities
• Tall Ceilings for an Airy Feel
• Great Unit Mix for Diverse Tenants
• Zoned C1-2 for Commercial Use
• Well-maintained 7,600 SF Building
• Six Spacious and Modern Units
• Updated Electrical and Plumbing
• Close Proximity to Amenities and Transportation

Description:

Located in the heart of Chicago’s vibrant Pilsen neighborhood on 18th Street, this large 6-unit mixed-use building presents an excellent investment opportunity. Renovated in 2017, the property boasts well-designed floor plans, a full basement, and a mix of in-unit and on-site laundry facilities. Each unit features modern kitchens and baths, along with forced air conditioning and heating. While some rents have been recently adjusted, many remain below market value, offering significant potential for future increases upon renewal. The retail space, currently undergoing updates following the departure of a long-term tenant, presents an ideal opportunity for an owner/user or can be leased for additional income on one of Chicago’s most dynamic retail corridors.


Located in Chicago's Pilsen neighborhood in the heart of 18th Street, Pilsen's main retail corridor. Pilsen is located just 2 miles from Chicago's Loop and benefits from its proximity to the University of Illinois at Chicago (UIC), the Illinois Medical District and is home to numerous award-winning restaurants, breweries, art galleries and cafes.

The space is immediately adjacent to numerous dining and shopping along with easy access to the CTA Pink Line at 18th Street. Local commuters take advantage of three major expressways, I-90/94, I-290 and I-55 all within blocks of the property.

Documents: