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1117 W 18th Pl
Chicago, IL 60608
18th Place Apartments · Multifamily Property For Sale · 4 Units
PROPERTY FACTS
| No. Units | 4 | Building Size | 2,800 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built/Renovated | 1920/2017 |
| Lot Size | 0.05 AC |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Lot Size | 0.05 AC |
| Building Size | 2,800 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1920/2017 |
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Granite Countertops
- Double Pane Windows
- Intercom
About 1117 W 18th Pl , Chicago, IL 60608
1117 W 18th Place is a fully redeveloped property. The building underwent masonry restoration, new framing, 40% replacement of floor joists, 100% replacement of all plumbing, electric, duct work, windows, flooring, insulation, railings, porches, concrete and a new 2" water service. Roof is less than 3 years old. 3 new exterior drains were also installed and concrete re-pitched. All units feature quartz counters, California Closets, soft-close maple cabinets, marble bathroom floor tile, and subway ceramic shower surrounds. The building features four (4)- 1 bed / 1 bath units with rents averaging $1450/unit. No rent concessions were offered during the lease-up phase. The units were fully leased within 14 days of marketing. Gross rental income is $69,600 RE Taxes: $5600-2017 actual Water (est)-$1500/year Electric (est)-$700/year Gas- No common gas Insurance (est)-$2200/year Misc (Lawn/Snow/Maintenance allocation)-$3000/year
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,450 | 600 |
PROPERTY TAXES
| Parcel Number | 17-20-409-012-0000 | Improvements Assessment | $51,935 |
| Land Assessment | $9,065 | Total Assessment | $61,000 |
PROPERTY TAXES
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