Contacts

Paul Cawthon

SVN | Chicago Commercial

Property Details

Property Type Multi-Family
Property Size 7,600 SF
Units 6
Lot Size 0.07 Acre
Additional Rent Contact for pricing
Property Tenancy Multi-Tenant
Year Built 1888
Year Renovated 2017
Date Updated Dec 13, 2024

Located in Chicago's Pilsen neighborhood in the heart of 18th Street, Pilsen's main retail corridor. Pilsen is located just 2 miles from Chicago's Loop and benefits from its proximity to the University of Illinois at Chicago (UIC), the Illinois Medical District and is home to numerous award-winning restaurants, breweries, art galleries and cafes. The space is immediately adjacent to numerous dining and shopping along with easy access to the CTA Pink Line at 18th Street. Local commuters take advantage of three major expressways, I-90/94, I-290 and I-55 all within blocks of the property.Located in the heart of Chicago’s vibrant Pilsen neighborhood on 18th Street, this large 6-unit mixed-use building presents an excellent investment opportunity. Renovated in 2017, the property boasts well-designed floor plans, a full basement, and a mix of in-unit and on-site laundry facilities. Each unit features modern kitchens and baths, along with forced air conditioning and heating. While some rents have been recently adjusted, many remain below market value, offering significant potential for future increases upon renewal. The retail space, currently undergoing updates following the departure of a long-term tenant, presents an ideal opportunity for an owner/user or can be leased for additional income on one of Chicago’s most dynamic retail corridors.Approximately 1,900 SF of retail space is positioned in the heart of Pilsen's 18th Street corridor. The space features high ceilings, bathroom & basement storage, along with prominent visibility.

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Highlights

Prime 18th Street Location in Chicago
Newer Renovation in 2017
Full Basement for Additional Space
On-Site Laundry Facilities
Tall Ceilings for an Airy Feel
Great Unit Mix for Diverse Tenants
Zoned C1-2 for Commercial Use
Well-maintained 7,600 SF Building
Six Spacious and Modern Units
Updated Electrical and Plumbing
Close Proximity to Amenities and Transportation

Attachments

SVN - Brochure (L) (PDF) opens in new window

Getting around

97/100
Walk Score ®
62/100
Transit Score ®
99/100
Bike Score ®

Powered by Walk Score ®

City Chicago, IL
Neighborhood Pilsen
Zip Code 60608
Market Chicago

Points of Interest

Halsted Street

0.69 miles
Halsted

0.98 miles
Ashland

1.30 miles
UIC-Halsted (Morgan Street)

1.30 miles
UIC-Halsted (Peoria Street)

1.35 miles
UIC-Halsted (Halsted Street)

1.40 miles
Clinton

1.58 miles
Uber Tent

1.77 miles
Cermak-McCormick Place

1.78 miles
Morgan

1.98 miles

Midwest

0.43 miles
BP

0.48 miles
Costco Gasoline

0.58 miles
EVgo

0.65 miles
Mobil

0.68 miles
Blink

0.90 miles
eVgo

0.90 miles
Shell

1.03 miles
Citgo

1.16 miles
Tesla Supercharger

1.30 miles

Lot M

0.77 miles
Lot F4

0.81 miles
Lot K

0.84 miles
UIC Lot 20

0.85 miles
Lot H

0.88 miles
UIC Lot 5

0.89 miles
UIC Lot 14

0.90 miles
Lot G

0.91 miles
Paulina Street Parking Structure (PSPS)

0.93 miles
UIC Lot 3

0.95 miles

Courtyard by Marriott Chicago at Medical District / UIC

1.16 miles
Hyatt House Chicago - Medical / University District

1.27 miles
Hyatt Place Chicago - Medical / University District

1.31 miles
Jaslin Hotel

1.38 miles
Benedictine Bed and Breakfast

1.44 miles
Hotel Chicago West Loop

1.45 miles
Sonder Greektown

1.51 miles
Chicago Parthenon Hostel

1.52 miles
SpringHill Suites Chicago Chinatown

1.57 miles
Holiday Inn Chicago-Downtown

1.58 miles

La Casa del Pueblo

0.09 miles
La Providencia

0.49 miles
Cermak Fresh Market

0.62 miles
ALDI

0.67 miles
Jewel-Osco

0.71 miles
88 Marketplace

1.01 miles
Supermercado El Güero #8

1.05 miles
Park To Shop Supermarket

1.12 miles
FreshMart

1.13 miles
Burlington

1.29 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.