Essex Realty Group, Inc. has been exclusively engaged to market for sale 1730-34 West 18th Street, a three building mixed-use property located in Chicago’s Pilsen Neighborhood. The property is currently comprised of three street level retail spaces and four apartment units totaling approximately 7,700 NRSF. The property sits within a TOD district on three city lots totaling approximately 9,000 SF of land with B3-2 zoning. Each building has a rear garage.
Due to the location and favorable zoning, 1730-34 West 18th Street presents the investor with several favorable redevelopment options plus the opportunity to obtain a large plot of land on a popular retail street. Throughout this package one potential redevelopment option is presented which utilizes the current B3-2 zoning and FAR of 2.2 and increases the property’s approximate NRSF to 11,875 SF.
The property is located on the north side of West 18th Street and situated just one block west of the busy Ashland Avenue. Additionally, the property is conveniently located just 177 feet from the 18th Street CTA Station which services the Pink Line to Chicago’s Loop.
- Prime Location in Pilsen on 18th Street - Steps from 18th Street CTA Pink Line Station
- TOD Zone
- Approx. 9,000 SF of Land
- 72 FT of Frontage on 18th Street
- Redevelopment Site - Potential for 9 Apartment Units and 5,775 SF of Retail
- Gross Buildable SF 19,800