1800-1802 S. Carpenter St., Chicago, IL 60608

Two mixed-use buildings In Pilsen | Visit the website

Number of Residential Units: 10

Number of Commercial Units: 2

Size: 15,132 square feet

Acquisition Date: August 2014

The project consists of two mixed-use buildings located at 1800-2 S. Carpenter, at the hard corner of Carpenter Street and 18th Street, Pilsen’s primary commercial corridor. 1800 S. Carpenter consists of a 10,744 square foot mixed-use building. The first floor is a vacant former bar with the upper floors consisting of nine apartment units. 1802 S. Carpenter is a 4,800 square foot building on two floors that was originally used as a two-level bowling alley. The Company plans on adding value through 1) the leasing and improvement of the properties’ first-floor commercial spaces, 2) through the improvement and leasing of the upper floor apartment units at rental rates commensurate with the market.