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Courtesy of: Keller Williams ONEChicago
Purchase Type: Sale
MLS ID: MRD11132713
Year Build: 1880
Property Type: Mixed Use
Swimming Pool: No
Address: 643 W 18th Street
Neighborhood: Chi - Lower West Side
Property Taxes: $13,000
Tax Year: 2019
**Please note, the property is vacant and will need of physical and structural renovation. A two-unit mixed-use building located in the heart of the Pilsen neighborhood of Chicago. This brick and frame building sits on an approximately 2,525 square foot lot, and the current unit mix consists of one (1)- ground floor commercial space(APX2,300SF), one (1)- 1 Bed/1 Bath (APX 1,300SF) apartment. There is additional potential to convert the one-bedroom apartment into a two-bedroom by creating loft-like interior space. In recent years, Pilsen has become one of the most sought-after neighborhoods by investors and developers primarily due to being an extremely low-density market with proximity to downtown and the area's dynamic fundamentals, including a thriving artist community. An investor has an extremely rare opportunity to acquire a mixed-use asset in an area that has undergone tremendous growth and development.
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