Sold

1518 W. Chicago Avenue Chicago, Illinois 60642

Sold
Description
NelsonHill is pleased to present 1518 W. Chicago Avenue a four-story, 5,400 SF mixed-use building for sale. Three (3) Two-Bedroom & Two Bath Apartments are anchored by a first floor commercial retail-tenant. Prime location in Noble Square, one of West Town’s most vibrant sub-markets, and within walking distance of the CTA. The entire building recently underwent a complete renovation.
Property Highlights
  • 9 minute walk to CTA Blue Line station at Chicago Avenue
  • Prime West Town / Noble Square Location
  • Steps from Eckhart Park
  • Completely renovated
  • Three parking spaces
  • Fully leased
Property Specifications
Building Size Above Grade: + 5,400 Sq. Ft.
Below Grade:  + 1,243 Sq. Ft.
Total:  + 6,643 Sq. Ft.
Lot Size + 2,950 Sq. Ft.
Stories 4, Plus basement
Parking Three parking spaces in rear
Zoning B1-2
2017 Taxes $20,421.60 ($3.78 PSF)
Current NOI $98,493
Sale Price $1,474,900
Cap Rate 6.68%
Property Location