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1157 W 18th Street Chicago, IL 60608 Multi Unit - Multiple New

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  • 1157 W 18th Street, Chicago, IL 60608 Main Photo

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Description

1157 W. 18th St. is a 13-unit mixed-use property ideally positioned in Chicago's highly desirable Pilsen neighborhood. The building features a fully built-out ground floor retail space currently leased to Hol Health Studio through 2031, providing stable long-term income. Above the retail sit 12 well-appointed apartments made up of a desirable mix of one-, two-, and three-bedroom floor plans. The property underwent a complete renovation in 2016, including all-new electrical, plumbing, and HVAC systems, a fully built-out retail space, upgraded apartment interiors, and exterior building improvements. The apartments feature modern finishes such as hardwood floors, white kitchen appliances, quartz or wood countertops with islands, subway tile backsplashes & showers, individual HVAC systems, and in-unit laundry. Situated directly along the vibrant 18th Street retail corridor, the property is surrounded by many of the neighborhood's most popular dining and entertainment destinations. Residents enjoy outstanding accessibility, with both the 18th Street CTA station and Halsted Metra station located less than a mile away, as well as multiple nearby bus routes-offering convenient connectivity throughout Chicago and surrounding suburbs. The property's location just south of the Illinois Medical District offers convenient access to major employment centers, as well as quick connectivity to the Loop and West Loop.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Sqft: 11,906
County: Cook
Listed By:
Essex 312, LLC 773-305-4858
MRED MLS
$4,250,000
Est. $27,814/mo
11,906sqft
New to the Market New
BEDS0 BATHS SQUARE FEET11,906 MLS#12617946
STATUSNew PROPERTY TYPEMulti Unit - Multiple

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Ruhl&Ruhl Realtors
563.441.1776

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1157 W 18th Street, Chicago, IL 60608.

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Loan Type FHA 30 Year Fixed30 yr Jumbo
Purchase Price $4,250,000$4,250,000
Down Payment $148,750$850,000
Monthly Mortgage Amount $25,356$20,659
Taxes $5915$5915
Insurance $100$100
HOA/Dues/Fees $0$0
Monthly Mortage Insurance $2,549$0
Monthly Estimated Total $35,060$27,814

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