2118-20 South HALSTED Street
CHICAGO, IL 60608
Sq. Ft.: N/A
Great opportunity to acquire a turn-key mixed use building in the Pilsen neighborhood. This building is located on vibrant Halsted street and comprised of six units. The layout includes four (4) three bedroom, one bathroom units measuring approximately 1000 square feet and two (2) commercial spaces currently a salon and art studio. Both units are approximately 2300 square feet. One of the store front (1N) has a full apartment in the back for a potential live work scenario with a full kitchen. Both units also have a full basements that can be utilized. The building has two (2) parking spots and sits on a 50 x 110 foot lot. All the units have been updated and are on separate utilities. Currently management has maintained a solid base of tenants and has left room for rent growth. Pro forma cap rate = 8.56 with a PRO FORMA NOI of $134,842. This is an excellent opportunity to acquire a turn key investment in a rapidly changing neighborhood.
Listing courtesy of 33 Realty
MLS Area: Chicago - Lower West Side
Directions: Halsted to 2118 South
Year Built: 1898
$ per month
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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MRED LLC data last updated at June 26, 2017 4:47 PM CT