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Sara Latta-Young

saralattayoung@gmail.com +1(815) 685-5090

$ 2,575,000

Est. payment | -/mo

7,235 SqFt

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$ 2,575,000

Est. payment | -/mo

Save

7,235 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 7,235 sqft

Price per Sqft $355

MLS Listing ID 12750730

Maintenance Fees $13,980

Year Built 1883

Annual Tax Amount $16,984

Tax Year 2024

Lot Dimensions 24X126

Property Sub-Type Multi Family 5+

Property Description

1334 W. 18th Pl. is an 11-unit multifamily asset in the heart of Pilsen. A 3-story front building with loft space and a detached coach house deliver a diverse mix of 1, 2, and 3-bedroom units. Renovated in 2016, the masonry property is professionally managed and fully occupied with staggered lease expirations through 2027. Every unit features in-unit laundry, central A/C, and its own gas forced-air furnace, commanding premium rents and exceptional retention. Gas and electric are tenant paid. In-place rents average $1,796 against $1,927 market, yielding a 6.27 pro forma cap rate with no deferred capital. A half block from 18th St. dining, retail, and galleries; nearby CTA Pink Line stations and I-90/94 access.

Location

State IL

County Cook

Area Chi - Lower West Side

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick

Listed by Matthew Fritzshall of Triton Realty Group LLC

NEARBY PROPERTIES

+1(815) 685-5090

saralattayoung@gmail.com

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1334 W 18th PL Chicago, IL 60608