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Pilsen Vacant Lot For Sale
For Sale
$482,000

1116 W 18th Street, Chicago, IL 60608

LAND - Chicago, IL

Property SizeContact for details
Days on Market325

Property Features for 1116 W 18th Street

General Information

Property type Land
Property subtype Other
Elementary school Jungman Elementary School
Middle school Jungman Elementary School
High school Juarez High School
Elementary school district 299
Middle school district 299
High school district 299
Directions Going south on Racine, turn left; going east onto 18th Street, past May St, lot is on the left hand side.
Subdivision CHI - Lower West Side
Standard status Active
APN 17204010510000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 678
Listing Agency: RE/MAX Premier · RE/MAX International
Listed By: Brenda Martinez · License #475199536
Added: Sep 19, 2025 Changed: May 13 Last Checked: Aug 9 at 11:06PM
MLS# 12476410

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located in Pilsen, one of Chicago's culturally rich neighborhoods, this vacant lot measuring 25x125 is available for development. Zoned C1-2, the property is suitable for mixed-use development, including commercial, retail, and apartments. The C1-2 zoning permits a broad array of businesses. The property is situated near UIC, the Medical District, and Halsted Street Art Galleries, and is near Taylor Street Restaurants. It is also located within a 15-minute walk to the Pink Line. The seller may consider selling the adjacent lot.

Key Highlights

  • Prime location in Pilsen, one of Chicago's most desirable neighborhoods.
  • Zoned C1‑2, allowing for diverse development options: commercial, retail, apartments, or mixed‑use.
  • Ready for immediate development on this vacant 25X125 lot.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Nursing Home Bed & Breakfast Clothing & Fashion Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,208
Businesses Nearby

Demographics for 60608, IL

75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Vacant lot in Pilsen ready for development. Zoned C1-2.
Where is this commercial land located?
The property is located at 1116 W 18th Street Chicago, IL.
What is the asking price?
The asking price for this property is $482,000.
What are key features of this property?
This property features: Prime location in Pilsen, one of Chicago's most desirable neighborhoods.; Zoned C1‑2, allowing for diverse development options: commercial, retail, apartments, or mixed‑use.; Ready for immediate development on this vacant 25X125 lot.
More about this property
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