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18Th Street | Mixed-Use $330,000

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18Th Street | Mixed-Use $330,000 18TH STREET | MIXED-USE $330,000 1013 W. 18TH STREET CHICAGO, IL 60608 Paul Cawthon Vice President O: 312.676.1878 [email protected] Angelo Labriola Vice President O: 312.676.1870 [email protected] SVN | CHICAGO COMMERCIAL | 940 WEST ADAMS STREET, SUITE 200, CHICAGO, IL 60607 OFFERING MEMORANDUM PROPERTY INFORMATION 1 Property Summary Property Description Property Details Complete Highlights Additional Photos Additional Photos LOCATION INFORMATION 2 Location Maps Aerial Maps Site Plan DEMOGRAPHICS 3 Demographics Map & Report ADVISOR BIOS 4 SVN Real Estate Team Pilsen_Resume_Short_Form_041520.pdf 18TH STREET | MIXED-USE | 1013 W. 18TH STREET, CHICAGO, IL 60608 OFFERING MEMORANDUM 1 PROPERTY INFORMATION 1013 W. 18th Street Chicago, IL 60608 18TH STREET | MIXED-USE | 1013 W. 18TH STREET CHICAGO, IL 60608 SVN | Chicago Commercial | Page 3 Property Summary OFFERING SUMMARY PROPERTY OVERVIEW Sale Price: $330,000 Corner mixed-use re-development or renovation site available on Pilsen's 18th Street. The property is comprised of a retail store, formerly Trino's Pizza, a vacant gutted 2nd floor apartment and a large 3 car garage with alley Building Size: 2,650 SF access. Approved plans for renovation are available for the apartment and has new copper, cast iron plumbing Lot Size: 2,402 SF and framing completed. The building features a full basement and a newer steel porch connecting the retail. Price / SF: $124.53 apartment and the three-car garage. Plenty of FAR left to create additional square footage providing atrue value-add opportunity. Year Built: 1880 Zoning: C1-2 PROPERTY HIGHLIGHTS Market: Chicago • Prime 18th Street Location Submarket: Pilsen • Value-Add Opportunity APN: 17-20-410-014-0000 • C1-2 Zoning | 2.2 F.A.R. • Steel Porch • Plans for Apartment Available • 3 Car Garage 18TH STREET | MIXED-USE | 1013 W. 18TH STREET CHICAGO, •IL 60608 Full Basement SVN | Chicago Commercial | Page 4 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. Property Description PROPERTY DESCRIPTION Located at the intersection of 18th & Miller, a great mixed-use re-development or renovation site available on Pilsen's 18th Street. The property is comprised of a retail store, formerly Trino's Pizza, a vacant gutted 2nd floor apartment and a large 3 car garage with alley access. Approved plans for renovation are available for the apartment and has new copper, cast iron plumbing and framing completed. The building features a full basement and a newer steel porch connecting the retail. apartment and the three-car garage. Plenty of FAR left to create additional square footage providing a true value-add opportunity. LOCATION DESCRIPTION Located a block from the proposed Paseo Trail at the intersection of 18th Street and Miller in the heart of Chicago's East Pilsen neighborhood. The subject property is a mile to UIC Chicago and approximately 2 miles to Chicago's Business District. The intersection of 18th & Miller is positioned just West of Halsted Street and East of Blue Island Avenue. The property is located across the street from Joseph Jungman Elementary School and is walking distance to the Metra stop at Halsted Street and 8 blocks to the Pink Line. Additionally, access to I-90/94, I-55 and I-290 is just a few blocks away. 18TH STREET | MIXED-USE | 1013 W. 18TH STREET CHICAGO, IL 60608 SVN | Chicago Commercial | Page 5 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. $Property Details BUILDING INFORMATION Sale Price $330,000 Tenancy Multiple LOCATION INFORMATION Number of Floors 2 Building Name 18th Street | Mixed-Use Year Built 1880 Street Address 1013 W. 18th Street Free Standing Yes City, State, Zip Chicago, IL 60608 PARKING County Cook Parking Type Structure Market Chicago Number of Parking Spaces 3 Sub-market Pilsen Cross-Streets 18th & Miller Street TAXES (2019) $3,964.23 PROPERTY INFORMATION Property Subtype Low-Rise/Garden APN # 17-20-410-014-0000 18TH STREET | MIXED-USE | 1013 W. 18TH STREET CHICAGO, IL 60608 SVN | Chicago Commercial | Page 6 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. Complete Highlights LOCATION INFORMATION Building Name 18th Street | Mixed-Use Street Address 1013 W. 18th Street City, State, Zip Chicago, IL 60608 County Cook Market Chicago Sub-market Pilsen Cross-Streets 18th & Miller Street Signal Intersection No BUILDING INFORMATION Tenancy Multiple Number of Floors 2 Year Built 1880 Free Standing No PROPERTY HIGHLIGHTS • Prime 18th Street Location • Value-Add Opportunity • C1-2 Zoning | 2.2 F.A.R. • Steel Porch • Plans for Apartment Available • 3 Car Garage • Full Basement 18TH STREET | MIXED-USE | 1013 W. 18TH STREET CHICAGO, IL 60608 SVN | Chicago Commercial | Page 7 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. Additional Photos 18TH STREET | MIXED-USE | 1013 W. 18TH STREET CHICAGO, IL 60608 SVN | Chicago Commercial | Page 8 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. Additional Photos 18TH STREET | MIXED-USE | 1013 W. 18TH STREET CHICAGO, IL 60608 SVN | Chicago Commercial | Page 9 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. 2 LOCATION INFORMATION 1013 W. 18th Street Chicago, IL 60608 18TH STREET | MIXED-USE | 1013 W. 18TH STREET CHICAGO, IL 60608 SVN | Chicago Commercial | Page 10 Location Maps 18TH STREET | MIXED-USE | 1013 W. 18TH STREET CHICAGO, IL 60608 SVN | Chicago Commercial | Page 11 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. Aerial Maps 18TH STREET | MIXED-USE | 1013 W. 18TH STREET CHICAGO, IL 60608 SVN | Chicago Commercial | Page 12 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. Site Plan 18TH STREET | MIXED-USE | 1013 W. 18TH STREET CHICAGO, IL 60608 SVN | Chicago Commercial | Page 13 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. 3 DEMOGRAPHICS 1013 W. 18th Street Chicago, IL 60608 18TH STREET | MIXED-USE | 1013 W. 18TH STREET CHICAGO, IL 60608 SVN | Chicago Commercial | Page 14 Demographics Map & Report POPULATION 0.25 MILES 0.5 MILES 1 MILE Total Population 3,991 12,211 32,469 Average age 31.9 31.0 32.0 Average age (Male) 32.5 31.4 32.3 Average age (Female) 32.3 31.5 32.4 HOUSEHOLDS & INCOME 0.25 MILES 0.5 MILES 1 MILE Total households 1,551 4,872 12,667 # of persons per HH 2.6 2.5 2.6 Average HH income $47,654 $53,613 $55,019 Average house value $306,264 $325,529 $353,819 RACE 0.25 MILES 0.5 MILES 1 MILE % White 40.8% 38.4% 39.0% % Black 12.9% 17.8% 16.4% % Asian 1.0% 2.1% 11.7% % Hawaiian 0.0% 0.0% 0.1% % American Indian 0.9% 0.6% 0.4% % Other 43.5% 39.3% 30.3% * Demographic data derived from 2010 US Census 18TH STREET | MIXED-USE | 1013 W. 18TH STREET CHICAGO, IL 60608 SVN | Chicago Commercial | Page 15 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. 4 ADVISOR BIOS 1013 W. 18th Street Chicago, IL 60608 18TH STREET | MIXED-USE | 1013 W. 18TH STREET CHICAGO, IL 60608 SVN | Chicago Commercial | Page 16 SVN Real Estate Team Paul Cawthon Angelo Labriola Vice President Vice President Paul Cawthon serves as a Vice President for SVN | Chicago Commercial. He Angelo Labriola serves as a Vice President for SVN | Chicago Commercial, specializes in multi-family, sale and leasing of retail, as well as commercial specializing in the sale of multi-family, mixed-use, development land, retail and development property. The Cawthon- Labriola team are specialists in the Pilsen industrial property. The Cawthon-Labriola team are specialists in the Pilsen neighborhood, with 90+ transactions completed in the neighborhood. neighborhood, with 90+ transactions completed in the neighborhood. Prior to joining SVN he served as a senior commercial associate with the Prior to joining SVN he served as a commercial associate with the Chicago Chicago office of Inland Real Estate Brokerage, Inc.
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