1157 W 18th St
- Fully Renovated Property in the Heart of Pilsen on 18th Street
- Desirable Unit Mix Including Twelve 1-, 2- & 3-Bedroom Apartments
- Complete Gut-Renovation in 2016 Including New Electrical, Plumbing, HVAC, Retail Build-Out & Exterior Improvements
- Spacious Apartments Feature Hardwood Floors, Individual HVAC & In-Unit Laundry
- Long-Term Retail Tenant with Lease Through 2031
- Located Directly Along 18th Street's Vibrant Dining & Entertainment Scene
- Less Than One Mile to Both the 18th Street CTA Station & Halsted Metra Station
Property Description
Essex Three-Twelve, LLC has been exclusively engaged to market for sale 1157 W. 18th St., 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 Hōl 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. 2016 GUT-RENOVATION 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. PRIME PILSEN LOCATION 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. 1157 W. 18th St. is situated just south of the Illinois Medical District, providing a consistent renter pool of healthcare professionals and students. Additionally, its central location offers quick access to the Loop and West Loop, placing residents minutes from major employment centers and cultural attractions.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $4,250,000 |
| No. of Units: | 13 |
| Year Built: | 1884 |
| Lot Size: | 0.06 Acres |
| Opportunity Zone: | No |
| Price per unit: | $326,923 |
| Property Website | Click Here |
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