1531 West 18th StreetChicago, IL 60608Price: $775,000

  • Price: $775,000
  • 48 Days on Market
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Federal 30-year interest rate: 7.22% last updated on Nov 30, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1950Year Built

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Attention Developers! This redevelopment opportunity is sited in the heart of the 18th Street Retail Corridor in the Pilsen neighborhood of Chicago, Illinois. The subject property is 4,830 square feet of vacant space; the property is currently configured for a retail tenant on the first floor plus five one bedroom apartments above. There are three apartments on the second floor, two on the third floor, and there is potential to duplex up into the attic. There is also a large garage with a 15' high ceiling connect to the commercial space. The entire building is currently vacant. The subject property is located within a three-minute walk to Chicago Transit Authority's (CTA) 18 bus stop, a six-minute walk to CTA's 60 bus stop, and also a six-minute walk to CTA's 18th Street Pink Line train stop.

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Listed by Stephen Rachman of Marcus & Millichap Chicago Apartment Brokers

Based on information submitted to MRED  as of December 7, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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