944 W 18th St., Chicago, IL 60608

944 W 18th St., Chicago, IL 60608
Photo 1 of 19
$699,000
Beds Baths Sq. Ft. Taxes Built
7 0 $13,337.51 1880
On the market: 26 days

Est. Monthly Payment:

$5,296($4,185 + $1,111 taxes*)

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4 Level Brick 3-flat w Garden on 18th Street Excellent location adjacent to University Village, UIC, the Medical District, and a large City-Owned vacant parcel reviewed online for a Future 300-UNIT Development.*** This Brick Building offers four levels of usable space. The Garden, 2nd, 3rd, and 4th floor residential units are in average rental condition and Need some TLC/Light updates(mechanicals older). The top two units and Garden are currently occupied on month-to-month leases. Top floor at $1,500 and 3rd level at $1,550. The first-floor unit is vacant, Garden studio can be vacant at closing.***Layouts include a top-floor 3-bedroom unit and two additional 2-bedroom/1-bath units. The finished garden level includes a kitchenette and bath, offering additional income potential. **Features include Common laundry is located at the rear garden, a Newer 2-car parking pad, Rear Decks with Impressive City and UIC views, 3 forced-air heating systems - with the 1st floor and garden level sharing one system - and 2 central air units. The property has 3 legal residential units, 3 electric meters, and 3 gas meters. ****Located on C-zoned commercial land, this property offers current rental income plus future upside. The location provides access to a deep renter pool from University Village, UIC, the Medical District, and nearby downtown-adjacent neighborhoods. Continued improvements such as added in-unit laundry, updated kitchens, and bath renovations could support significantly higher rents over time. ****Head west on 18th Street directly into Pilsen's restaurant scene, Thalia Hall events, cafes, and brunch spots. Stroll north to UIC, the Medical District, Roosevelt Collection theaters and shopping, or bike east to the South Loop and lakefront. Lot is about 22' x 108'.
Listing courtesy of Phillip Buoscio, Keller Williams ONEChicago