1040-1044 W. 18TH STREET
Property Overview
Interra Realty is pleased to present for sale a fully gut-renovated seventeen unit mixed-use property located in the heart of Pilsen, one of Chicago’s most dynamic neighborhoods. Completed in 2018 with a gut renovation down to the studs, the renovation included new electric, plumbing, HVAC systems, water heaters, windows, porches, and even a new water main—offering investors a turnkey asset with minimal capital needs for years to come.
The property is anchored by two strong retail tenants, Alta Dental and Itty Bitty, with long-term leases in place through 2032 and 2027, respectively. Situated on bustling 18th Street, the retail corridor benefits from high foot traffic and long-standing commercial demand. With a two-car garage on-site and stabilized in-place income, this asset provides an immediate opportunity to scale and secure a low-maintenance investment in a rapidly appreciating submarket.
Highlights
- Full Gut Renovation in 2018 Down to the Studs
- Immediate Ability to Scale
- Newer Electric, Plumbing, HVAC, HW Tanks, Windows, Water Main
and Porches (2018 - High End Units with Quartz Countertops
- Individual HVAC & Hot-Water Heaters
- Strong Retail Tenants Along 18th St – Alta Dental & Itty Bitty