Renovated Pilsen Mixed-Use
For Sale
Contact for pricing
965 W 18th St, Chicago, IL 60608
Five-unit building with residential and commercial spaces in Chicago.
Property Size6,025 SF
Price / SF$0.00
Days on Market192
Property Features for 965 W 18th St
General Information
Standard status
Active
Size
6,025 SF
Taxes and HOA fees
Annual Taxes
$18,194
Listing Agency:
eXp Realty
(888) 574-9405
Listed By:
Michael Scanlon · License #475188240
(773) 630-9205
Source:
Exprealty
Added: Mar 27
Changed: Sep 18
Last Checked: Oct 3 at 3:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Investment Insights
Based on property information with market context.
This fully renovated five-unit masonry brick mixed-use building is situated on Pilsen's 18th Street retail corridor. The property features two three-bedroom, two-bath residential apartments and three built-out commercial units, providing strong in-place income within a prime Chicago neighborhood. Gut renovated in 2017, the building was stripped to the floor joists and completely rebuilt, showcasing updated interiors throughout. The residential units include modern kitchens with stainless steel appliances, exposed brick accents, hardwood flooring, and excellent natural light. Extensive additional capital improvements have been completed, including a new coach house roof, parapet wall reconstruction, Hardy board siding, masonry updates, replacement of multiple water heaters, added windows and lighting, and a Doorbird entry system. All three commercial spaces were built out under current ownership, which also secured a new long-term tenant, Vela Spa. The property is ideally located near UIC, downtown Chicago, Cinespace Film Studios, and various popular restaurants, retail establishments, and entertainment venues in Pilsen. It also offers easy access to Metra and CTA transit. The property generates $149,352 in annual income, presenting investors with a turnkey opportunity in a sought-after mixed-use corridor. The property size is 6,025 square feet.
Key Highlights
- Fully renovated in 2017 with updated interiors and additional capital improvements.
- Strong in‑place annual income of $149,352, offering a turnkey investment opportunity.
- Prime location on Pilsen's 18th Street retail corridor, near UIC, downtown Chicago, and popular amenities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,607
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Five-unit building with residential and commercial spaces in Chicago.
Where is this mixed-use property located?
The property is located at 965 W 18th St Chicago, IL.
What are key features of this property?
This property features: Fully renovated in 2017 with updated interiors and additional capital improvements.; Strong in‑place annual income of $149,352, offering a turnkey investment opportunity.; Prime location on Pilsen's 18th Street retail corridor, near UIC, downtown Chicago, and popular amenities.
