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1126-1130 18th

1,920 SF 100% Leased Industrial Building Chicago, IL 60608 £862,851 (£449/SF)

Investment Highlights

  • Location
  • Lot Size

Executive Summary

HOT EAST PILSEN FIRST TIME OFFERED LOCATED ON BUSY 18TH STREET, NEAR A MULTITUDE OF HOT RETAIL AND FOOD LOCATIONS INCLUDING BUT NOT LIMITED TO CARNITAS DON PEDRO, PILSEN YARDS AND HOT SHOPPING STORES LIKE ANNA BROWN AND KNEE DEEP VINTAGE. THE PROPERTIES ARE 3 SEPARATE ADDRESSES BUT ARE BEING OFFERED AS ONE PARCEL. THE PROPERTIES BOASTS 2 LOTS FOR PARKING AND A 2 STORY MIXED USE PROPERTY ON 18TH STREET. PARCEL IS 72 FEET OF FRONTAGE, A GREAT LOCATION FOR A NEW DEVELOPMENT OR ALSO IDEAL TO LEAVE AS IS AND COLLECT RENT. SEE RENTROLL AND SURVEYS INCLUDED

Financial Summary (Actual - 2022)

Annual Annual Per SF
Gross Rental Income £34,357 £17.89
Other Income - -
Vacancy Loss - -
Effective Gross Income £34,357 £17.89
Taxes £6,591 £3.43
Operating Expenses £8,473 £4.41
Total Expenses £15,064 £7.85
Net Operating Income £19,293 £10.05

Financial Summary (Actual - 2022)

Gross Rental Income
Annual £34,357
Annual Per SF £17.89
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £34,357
Annual Per SF £17.89
Taxes
Annual £6,591
Annual Per SF £3.43
Operating Expenses
Annual £8,473
Annual Per SF £4.41
Total Expenses
Annual £15,064
Annual Per SF £7.85
Net Operating Income
Annual £19,293
Annual Per SF £10.05

Property Facts

Price £862,851
Price Per SF £449
Sale Type Investment or Owner User
Sale Conditions Portfolio Sale
Property Type Industrial
Property Subtype
Service
  • Office Office Residential
Lot Size 0.21 AC
Rentable Building Area 1,920 SF
Number of Floors 2
Year Built 1888
Parking Ratio 9.38/1,000 SF

Amenities

  • Fenced Lot
  • Signage

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
Walk Score ®
Walker's Paradise (95)
Bike Score ®
Biker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-20-401-048-0000
Land Assessment
£70,607 (2024)
Improvements Assessment
£785 (2024)
Total Assessment
£71,391 (2024)
Annual Taxes
£6,591 (£3.43/sf)
Tax Year
2022

zoning

Zoning Code commercial (Mixed Use)
commercial (Mixed Use)
  • Listing ID: 28358931

  • Date on Market: 30/04/2023

  • Last Updated:

  • Address: 1126-1130 18th, Chicago, IL 60608

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