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Listed price in listed location currency (USD).
$1,475,000

000

MLS® 12746222

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $18,195
Days Active 1
Lot Size 2500 SF
Approx. Age 1885
MLS® Number 12746222

Property Address: 965 W 18th St, CHICAGO, IL, 60608-4893

Average square foot calculated using Size range provided by listing agent.

Description

Fully Renovated 5-Unit Masonry Brick Mixed-Use Building Located on Pilsen's 18th Street Retail Corridor. The property includes (2) 3 bed, 2 bath residential apartments plus (3) built-out commercial units, offering strong in-place income in a prime Chicago neighborhood. The building was gut renovated in 2017-stripped to the floor joists and completely rebuilt, featuring updated interiors throughout. The residential units offer modern kitchens with stainless steel appliances, exposed brick accents, hardwood flooring, and excellent natural light. Current ownership has completed extensive additional capital improvements, including a new coach house roof, parapet wall reconstruction, Hardy board siding, masonry updates, replacement of multiple water heaters, added windows and lighting, a Doorbird entry system, and further updates to the residential units. Ownership also oversaw the buildout of all three commercial spaces and secured a new long-term tenant, Vela Spa. Ideally located near UIC, downtown Chicago, Cinespace Film Studios, and some of Pilsen's most popular restaurants, retail, and entertainment. Easy access to Metra and CTA transit. The property currently generates $155, 112 in annual income, providing investors with a turnkey opportunity in one of Chicago's most sought-after mixed-use corridors at an 8.14% cap rate!
MLS® Number12746222
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1885
Basement
Driveway
Garage Spaces
Heat
A/CCentral Air

Extras

Price History

Last Sold Price

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Appreciation

--

Avg. Days Listed

64 days

Today, For Sale for $1,475,000

For Sale · 0 days

$1,475,000

MLS® 12746222

8 hours ago

Not Sold Yet

August 2026, For Sale for $1,475,000

For Sale · 0 days

$1,475,000

MLS® 12746222

8 hours ago

Not Sold Yet

May 2025, Leased for $16

Leased · 64 days

$16

MLS® 12313133

A year ago

Sold on May 19, 2025

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