1517 W 18th Street
Chicago, IL 60608

No expense was spared with this 2019 gut renovated asset in Pilsen. The property includes a mixed-use 6-unit walk-up building and a 2-unit coach house. With the recent renovation, this building has some of the nicest apartments in area. The walk-up contains (3) 2-bed / 1-bath units, (2) 1-bed / 1-bath units, and one retail store front. The coach house contains (2) 1-bed / 1-bath apartments. A new owner has the ability to increase the below market rents from covid to market. Strong, stable retail tenant with great presence in neighborhood and online. All apartments have WD in unit, individual central heat/AC, and all updated finishes. New construction going up next door. Building is right in the heart of Pilsen's main retail corridor. Prime location in Pilsen completely turn key for less than 12x GRM and 6.32% CAP.