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2353 W 18th Pl 6 Unit Apartment Building $1,599,000 ($266,500/Unit) 7.23% Cap Rate Chicago, IL 60608
Executive Summary
Recently gut rehabbed a 6-unit in booming Pilsen location on 18th Pl. The building comprises of 3 simplexes and 3 duplexes, fully rented for over $12,000/month, with low expenses, and low vacancy. The property also features a two-car garage for extra rental income. List price is a 7-CAP. 48 hour notcie for all showing requests.
Property Facts
| Price | $1,599,000 | Building Class | C |
| Price Per Unit | $266,500 | Lot Size | 0.07 AC |
| Sale Type | Investment | Building Size | 6,000 SF |
| Cap Rate | 7.23% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1907/2020 |
| Property Subtype | Apartment | Parking Ratio | 0.33/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | B2-3 | ||
| Price | $1,599,000 |
| Price Per Unit | $266,500 |
| Sale Type | Investment |
| Cap Rate | 7.23% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 6,000 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1907/2020 |
| Parking Ratio | 0.33/1,000 SF |
| Zoning | B2-3 |
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Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (70)
Property Taxes
| Parcel Number | 17-19-306-048-0000 | Improvements Assessment | $68,211 |
| Land Assessment | $11,585 | Total Assessment | $79,796 |
Property Taxes
Parcel Number
17-19-306-048-0000
Land Assessment
$11,585
Improvements Assessment
$68,211
Total Assessment
$79,796
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