There are multiple listings for this address:
965 W 18th Street
Chicago, IL, 60608
$1,425,000
3 Beds
5 Baths
0 SqFt
0 Acres
Add
MLS #MRD12746222 image #0
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!

Property Details

Price:
$1,425,000
MLS #:
MRD12746222
Status:
Active
Beds:
3
Baths:
5
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chilowerwestside
Listed Date:
Aug 29, 2026
Total Sq Ft:
6,025
Year Built:
1885
Chi – Lower West SideChilowerwestside

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Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick
Stories
3

Financial

Net Operating Income
$120,026
Tax Year
2024
Taxes
$18,195

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of Oct 04, 2026
906
Commercial Listed
185
Avg DOM
$1,021,515
Avg List Price

Property Summary

    965 W 18th Street Chicago IL is a Commercial for sale in Chicago, IL, 60608. It is listed for $1,425,000

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965 W 18th Street
Chicago, IL
965 W 18th Street
Chicago, IL, 60608
$1,425,000
Beds
0 Baths
0 SqFt
0 Acres
Add
MLS #MRD12746647 image #0
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!

Property Details

Price:
$1,425,000
MLS #:
MRD12746647
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chilowerwestside
Listed Date:
Aug 30, 2026
Total Sq Ft:
6,025
Year Built:
1885
Chi – Lower West SideChilowerwestside

Ask a Question

See this Listing

Send
  

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick
Stories
3

Financial

Net Operating Income
$120,026
Tax Year
2024
Taxes
$18,195

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of Oct 04, 2026
906
Commercial Listed
185
Avg DOM
$1,021,515
Avg List Price

Property Summary

    965 W 18th Street Chicago IL is a Commercial for sale in Chicago, IL, 60608. It is listed for $1,425,000

Similar Listings Nearby

broker reciprocity
MLS# MRD12769453broker reciprocity
852 N Hoyne Avenue
Chicago, IL

$1,850,000

3.1 miles away

broker reciprocity
MLS# MRD12744693broker reciprocity
2111 N Western Avenue
Chicago, IL

$1,799,990

4.7 miles away

broker reciprocity
MLS# MRD12738695broker reciprocity
504 S Oakley Boulevard
Chicago, IL

$1,750,000

2.1 miles away

broker reciprocity
MLS# MRD11704629broker reciprocity
4954-56 W Augusta Boulevard
Chicago, IL

$1,732,000

2.9 miles away

broker reciprocity
MLS# MRD12764493broker reciprocity
862 N Marshfield Avenue
Chicago, IL

$1,699,000

2.9 miles away

broker reciprocity
MLS# MRD12424491broker reciprocity
3130 W Chicago Avenue
Chicago, IL

$1,695,000

3.4 miles away

broker reciprocity
MLS# MRD12591309broker reciprocity
2712 W North Avenue
Chicago, IL

$1,600,000

4.3 miles away

broker reciprocity
MLS# MRD12309528broker reciprocity
2200 N Cicero Avenue
Chicago, IL

$1,600,000

3.2 miles away

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MLS# MRD12644699broker reciprocity
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broker reciprocity
MLS# MRD12735546broker reciprocity
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