1518 W 17th St - Multi-Family FOR SALE


Chicago, IL 60608- Pilsen
$745,000 USD
630-640-1001
1518 W 17th St, Chicago, IL for Sale
$745,000 USD
Multi-Family - FOR SALE
1/2
null | Request Cap Rate

1518 W 17th St
Chicago, IL 60608
Pilsen


HIGHLIGHTS

  • Large Floor Plans (1,325 SF)
  • HVAC and Tenant Paid Utilities
  • All Units Have Laundry Access
  • Walking Distance to 18th Street Pink Line
  • Perfect for Owner Occupier

OVERVIEW

This solid brick 3-flat at 1518 W 17th Street offers a rare opportunity to own a well-maintained, updated property in one of Chicago’s most dynamic neighborhoods. Each of the three spacious units spans approximately 1,325 square feet and features an open floor plan & laundry. Two units are outfitted with in-unit laundry, while the 3rd floor uses the laundry in the attic. The attic can be used for tenant storage and has a high-ceiling attic—offering potential for future expansion or duplexing with the top-floor unit. The 3rd Floor was completely renovated with new windows, plumbing, etc. The building has undergone numerous updates and interior renovations. A generous rear yard provides ample space for outdoor enjoyment or the possibility of adding off-street parking. With a combination of size, modern improvements, and expansion potential, this property is ideal for both owner-occupants and investors seeking a turnkey asset in East Pilsen.

FOR SALE DETAILS

PRICE

$745,000 USD

PRICE/SF

$194 USD /SF

# OF UNITS

3

PRICE/UNIT

$248,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1886

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,125 SF

ZONING

RT-4

APN/PARCEL ID

17-20-300-013-0000

ASK ABOUT THIS PROPERTY

Paul CawthonSVN | Chicago CommercialMore Info
630-640-1001

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Paul CawthonSVN | Chicago CommercialMore Info
630-640-1001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.