Property Overview

Interra Realty has been exclusively engaged to bring 1854 W. 18th St. to market for sale. This property is located in a perfect Pilsen location just off the corner of 18th and Wolcott across the street from Harrison Park and a 3 minute walk to the 18th St CTA Pink Line. With a walk score of 94, this location is labeled a "Walker's Paradise!"

The property was completely gut rehabbed in 2016 and features one (1) street front retail space along with five (5) high end residential units with granite counter tops, custom kitchens with stainless steel appliances, luxury bathrooms, in-unit washer and dryer, all new hardwood floors, smart home features including nest thermostats, video entry security system and smart locks, rear decks, and on site parking. An abundance of capital improvements were completed including all new tear off roof, 600 AMP electric service, plumbing including new water main, HVAC systems, new lintels, front façade improvements, a new 4th floor addition, and more.

Investors have the opportunity to acquire a completely renovated high end asset in a perfect Pilsen location realizing a strong long term investment.

Key Details

Asking Price
$1,600,000
Number of Units
6
Cap Rate
6.5%