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1525 W. 17th Street

Property Overview

Interra Realty has been exclusively engaged to bring to market 1525 W 17th St, a six (6) unit multifamily property in the popular Pilsen market. Located just off of Pilsen's booming 18th St, this property is steps away from local restaurants, shopping and a two minute walk from the 18th St CTA.

In 2017, the property underwent a gut renovation of all units which now include hardwood flooring, central heat, updated bathrooms and kitchens with stainless steel appliances. The rear porch was replaced in 2017 with new steel porches which lead to rear enclosed parking on site. The building offers a good unit mix of one, two, three and four bedrooms units with upside in increasing rents to market rate as is, or modernizing apartments to maximize income.

The building can be bought free and clear or by assuming the current debt through Arbor: Freddie Mac Loan, 4.45% Interest Rate, $1,044,112 loan balance, Matures 11/1/2037.