947 W 18th Street
Chicago, IL 60608

Status: Active
Multi Family
5 beds
0 baths
0 sq.ft
Listing Price: $549,000

About this home

Beautiful 2-flat in highly sought after East Pilsen. Walking distance to UIC. The heart of what Forbes called one of the top 12 coolest neighborhoods in the world. Rehabbed in 2015 this home has one 3BD/1BTH apartment on the second floor and one 2BD/1BTH on the first floor. Two parking spaces in the back. All kitchens feature granite countertops with stainless steel appliances. Shared washer dryer combo in the building, the second floor has high ceilings, 10ft and a view of the city. New updates within the last year include brand new siding, gutters windows and water heater. New furnace within the last 3 years. Forced air heating, separate in both units. With all the restaurants and shopping on 18th Street and UIC merely steps away, this location makes leasing a breeze. This is a prime investment opportunity, actively grossing $4000 per month and over $48k annually in area with rapidly appreciating rents. Live in one unit while the other pays your mortgage! The total building's total sqft is 2080 and 1040 per floor.

Property details

Property / Lot Details
Acreage 0.05
Lot Dimensions 2500
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units
Interior Features
Additional Rooms Utility Room-1st Floor
Basement Description Exterior Access
Basement Full
Bedrooms Count 5
Bedrooms Possible 5
Baths Count 2
Full Baths in Building Count 2
Total Rooms 9
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1895
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date 08/24
Rooms Total 5
Security Deposit 1900
Tenant Pays None
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Actual Rent 2100
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date 07/25
Rooms Total 5
Security Deposit 2100
Tenant Pays None
Floor Number 2
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1884
Parking Total 2
Exterior Building Type Stone
Foundation Concrete Perimeter
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Rehab Year 2015
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Lower West Side
Corporate Limits Chicago
Directions TAKE 18TH ST. EAST OR WEST TO PROPERTY
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Subdivision Pilsen
Township South Chicago

Financials

Investment Profile Residential Income

Tax/Assessments/Liens

PIN 17204120100000
Special Assessments N
Taxes $8,189
Tax Year 2022
$549,000 Listing Price:
MLS # 12106222
Investment Profile Residential Income
Listing Market Time 78 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Space/s
List Date 07/11/2024
Year Built 1884
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