1314 W 18th Place
Chicago, IL, 60608
$900,000
7 Beds
4 Baths
0 SqFt
0.68 Acres
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$900,000
1314 W 18th Place
Chicago, IL, 60608
MLS #MRD12487278 image #0MLS #MRD12487278 image #1MLS #MRD12487278 image #2MLS #MRD12487278 image #3MLS #MRD12487278 image #4MLS #MRD12487278 image #5MLS #MRD12487278 image #6MLS #MRD12487278 image #7MLS #MRD12487278 image #8MLS #MRD12487278 image #9MLS #MRD12487278 image #10MLS #MRD12487278 image #11MLS #MRD12487278 image #12MLS #MRD12487278 image #13MLS #MRD12487278 image #14MLS #MRD12487278 image #15MLS #MRD12487278 image #16MLS #MRD12487278 image #17MLS #MRD12487278 image #18MLS #MRD12487278 image #19MLS #MRD12487278 image #20MLS #MRD12487278 image #21MLS #MRD12487278 image #22MLS #MRD12487278 image #23MLS #MRD12487278 image #24MLS #MRD12487278 image #25MLS #MRD12487278 image #26MLS #MRD12487278 image #27MLS #MRD12487278 image #28MLS #MRD12487278 image #29MLS #MRD12487278 image #30MLS #MRD12487278 image #31MLS #MRD12487278 image #32MLS #MRD12487278 image #33MLS #MRD12487278 image #34MLS #MRD12487278 image #35MLS #MRD12487278 image #36
This is a great opportunity for a value add 6-unit brick building in Pilsen, ready for its next owner. It’s a solid property that just needs some fixing up to reach its full potential. You’ll find a good mix of units, including two 1-bed/1-bath apartments, three 2-bed/1-bath units, and a large 4-bed/2-bath duplex with its own laundry. The important updates are already done, with a roof less than 2 years old and some new heating and mechanicals. The property also offers shared laundry and a valuable two-car garage. With some work, this property is positioned to compete with the top-tier sales in Pilsen. Once updated and fully rented, the stabilized financials project a high capitalization rate for investors.

Property Details

Price:
$900,000
MLS #:
MRD12487278
Status:
Active
Beds:
7
Baths:
4
Type:
Commercial
Neighborhood:
chilowerwestside
Listed Date:
Oct 3, 2025
Total Sq Ft:
4,320
Lot Size:
2,976 sqft / 0.68 acres (approx)
Year Built:
1883
Chi – Lower West SideChilowerwestside

Schools

Interior

Cooling
Central Air, Window Unit(s)

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$1,000
Tax Year
2023
Taxes
$12,592
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Oct 04, 2025
1,113
Commercial Listed
161
Avg DOM
156
Avg $ / SqFt
$1,033,543
Avg List Price

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Property Summary

    1314 W 18th Place Chicago IL is a Commercial for sale in Chicago, IL, 60608. It is listed for $900,000 To schedule a showing of MLS#mrd12487278 at 1314 W 18th Place in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
1314 W 18th Place
Chicago, IL