This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Pilsen Portfolio

2 Properties in Chicago, IL

Virtual Tour

Investment Highlights

  • 100% Occupied
  • Separately Metered Utilities
  • On-Site Laundry
  • Apartments All Recently Renovated
  • Fully Built-Out Restaurant
  • All Brick Construction

Executive Summary

This portfolio includes 1140 W 18th Street and 1616 W 18th Place in the heart of Chicago's Pilsen neighborhood, two recently renovated mixed-use buildings with 100% occupancy. The buildings are only a few blocks from the L train and close to the 90/94/55 expressways.

1140 W 18th Street includes six apartments consisting of three 2 bed-1 bath units, three 1 bed-1 bath units, and a fully built-out restaurant on the ground floor. The fully occupied apartments are all updated with stainless steel appliances, granite countertops, new flooring, and separately metered utilities. The commercial tenant is on a five-year lease through 2028. The property is on 18th Street and centrally located around other recent renovations and development projects.

1616 W 18th Place is an all-brick two-story building comprising eight apartments and one storefront. The apartments are split into one 3-bedroom, two 2-bedroom, and five 1-bedroom units. The 700-square-foot commercial space is leased through June 2025. All eight apartments were recently updated with new flooring, cabinets, granite countertops, and SS appliance package. Utilities are separately metered.

Offering Memorandum Click Here to Access

Data Room Click Here to Access

Property Facts

Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 18,282 SF
Total Land Area 0.14 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1140 W 18th St, Chicago, IL 60608 Retail 10,384 SF 1889 -
1616 W 18th Pl, Chicago, IL 60608 Multifamily 7,898 SF 1889 -
Show More > < Show Less
  • Listing ID: 31196361

  • Date on Market: 3/12/2024

  • Last Updated:

  • Address: Pilsen Portfolio, Chicago, IL

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}