Chicagorealestatesource.com Search Results

$1,425,000

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!

12746647 MLS ⋅ PRICE CHANGE Status

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!

965 W 18Th Street, Chicago

$1,425,000

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!

12746222 MLS ⋅ PRICE CHANGE Status

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!

965 W 18Th Street, Chicago

$1,050,000

Prime East Pilsen Investment & Development Opportunity - First Time Offered. Located on highly trafficked 18th Street in the heart of East Pilsen, this exceptional property is surrounded by some of the neighborhood's most popular restaurants, retail, and entertainment destinations. The offering consists of three separate addresses being sold together as one assemblage, featuring approximately 72 feet of frontage, a two-story mixed-use building, and two additional parking lots. This rare opportunity is ideal for developers seeking a premier redevelopment site or investors looking to maintain the existing income-producing property while benefiting from its long-term appreciation potential.

12726604 MLS ⋅ ACTIVE Status

Prime East Pilsen Investment & Development Opportunity - First Time Offered. Located on highly trafficked 18th Street in the heart of East Pilsen, this exceptional property is surrounded by some of the neighborhood's most popular restaurants, retail, and entertainment destinations. The offering consists of three separate addresses being sold together as one assemblage, featuring approximately 72 feet of frontage, a two-story mixed-use building, and two additional parking lots. This rare opportunity is ideal for developers seeking a premier redevelopment site or investors looking to maintain the existing income-producing property while benefiting from its long-term appreciation potential.

1126-1130 W 18Th Street, Chicago

$950,000

Exceptional Investment Opportunity in the Heart of Pilsen! Located right on 18th Street in Chicago's thriving Pilsen neighborhood, this mixed-use property offers tremendous potential for developers, investors, and entrepreneurs. Boasting approximately 6,000 square feet, the building features a commercial storefront on the first floor and four residential apartments above. The property has been completely gutted, providing a blank canvas for your vision and eliminating the time and expense of demolition. With the heavy lifting already completed, investors can move directly into the design and renovation phase. Whether you're looking to create modern residential units, capitalize on mixed-use income potential, or reposition the asset for long-term appreciation, this property offers endless possibilities. Situated in one of Chicago's most vibrant and rapidly growing neighborhoods, you'll benefit from strong foot traffic, popular restaurants, local businesses, public transportation, and easy access to downtown. Opportunities like this are rare... Bring your ideas and unlock the full potential of this prime Pilsen location.

12682267 MLS ⋅ ACTIVE Status

Exceptional Investment Opportunity in the Heart of Pilsen! Located right on 18th Street in Chicago's thriving Pilsen neighborhood, this mixed-use property offers tremendous potential for developers, investors, and entrepreneurs. Boasting approximately 6,000 square feet, the building features a commercial storefront on the first floor and four residential apartments above. The property has been completely gutted, providing a blank canvas for your vision and eliminating the time and expense of demolition. With the heavy lifting already completed, investors can move directly into the design and renovation phase. Whether you're looking to create modern residential units, capitalize on mixed-use income potential, or reposition the asset for long-term appreciation, this property offers endless possibilities. Situated in one of Chicago's most vibrant and rapidly growing neighborhoods, you'll benefit from strong foot traffic, popular restaurants, local businesses, public transportation, and easy access to downtown. Opportunities like this are rare... Bring your ideas and unlock the full potential of this prime Pilsen location.

1321 W 18Th Street, Chicago

$2,480,000

Rare Pre-Construction purchase opportunity in hot Pilsen! This mixed-use masonry building boasts a prime location just one block south of University Village. With 1 storefront, 3 spacious apartments, a 3-car garage, and outdoor parking, it's a versatile investment or use like rental/ owner occupied purposes. Key Features, 1) Location: Situated in the vibrant Pilsen area, surrounded by restaurants, bakeries, banks, and convenient bus stops. 2) Architectural Plan: Available upon request, showcasing thoughtful design and functionality. 3) Soundproofing: Upgraded with four advanced techniques for walls and ceilings, ensuring peace and privacy. 4) Delivery Timeframe: Within 18 months from signing the purchase contract. Don't miss out on this exceptional opportunity! Act now while it's still available.

12656912 MLS ⋅ ACTIVE Status

Rare Pre-Construction purchase opportunity in hot Pilsen! This mixed-use masonry building boasts a prime location just one block south of University Village. With 1 storefront, 3 spacious apartments, a 3-car garage, and outdoor parking, it's a versatile investment or use like rental/ owner occupied purposes. Key Features, 1) Location: Situated in the vibrant Pilsen area, surrounded by restaurants, bakeries, banks, and convenient bus stops. 2) Architectural Plan: Available upon request, showcasing thoughtful design and functionality. 3) Soundproofing: Upgraded with four advanced techniques for walls and ceilings, ensuring peace and privacy. 4) Delivery Timeframe: Within 18 months from signing the purchase contract. Don't miss out on this exceptional opportunity! Act now while it's still available.

1728 S Halsted Street, Chicago

$499,000

ATTENTION, DEVELOPERS, BUILDERS, AND INVESTORS: don't miss this chance! A great location 2 lots of T-shape land (2 separate PINs with a combined 4522sf) for sale: it is located in the hot Pilsen area, just one block south of University Village, and where restaurants, bakeries, and banks, playgrounds, parks and bus stops are steps away; the land is zoned for B3-2 with 2.2 FAR ( buildable square footage is 2.2 times of land size) i.e. 4522sf x 2.2= 9948.4sf buildable above ground area excluding basement; for instance, it can be built a mixed-use property, like a storefront and apartments on top, with garages and outdoor parking spaces. Great land value : $499,000 / 9948.4sf =$50.16 per buildable square foot, an architectural plan is available up on request, seize this opportunity while it is still available.

12656903 MLS ⋅ ACTIVE Status

ATTENTION, DEVELOPERS, BUILDERS, AND INVESTORS: don't miss this chance! A great location 2 lots of T-shape land (2 separate PINs with a combined 4522sf) for sale: it is located in the hot Pilsen area, just one block south of University Village, and where restaurants, bakeries, and banks, playgrounds, parks and bus stops are steps away; the land is zoned for B3-2 with 2.2 FAR ( buildable square footage is 2.2 times of land size) i.e. 4522sf x 2.2= 9948.4sf buildable above ground area excluding basement; for instance, it can be built a mixed-use property, like a storefront and apartments on top, with garages and outdoor parking spaces. Great land value : $499,000 / 9948.4sf =$50.16 per buildable square foot, an architectural plan is available up on request, seize this opportunity while it is still available.

1728 S Halsted Street, Chicago

$2,225,000

Positioned at a highly visible corner along South Ashland Avenue in the heart of Chicago's vibrant Pilsen neighborhood, 1725 South Ashland Avenue presents a compelling mixed-use investment anchored by durable income and long-term upside. The property blends well-maintained residential units with established street-level commercial tenants, creating a balanced revenue profile that appeals to both traditional and value-add investors. The retail component benefits from excellent frontage and pedestrian exposure, with a tenant mix that includes a popular neighborhood restaurant, a nationally recognized wireless retailer, and a professional services office. These uses contribute consistent foot traffic while reinforcing the property's role as a daily-use destination within the community. Residential units above are thoughtfully laid out, well maintained, and historically occupied, supporting dependable in-place income with additional upside through future rental growth and lease-up of vacant units. Located minutes from the Chicago Loop, the asset is embedded within one of the city's most culturally rich and visually dynamic neighborhoods. Pilsen is known for its dense population base, strong neighborhood identity, and accessibility via CTA rail, major bus corridors, and nearby expressways. The surrounding area features a mix of residential density, local retail, and cultural landmarks, making it attractive to both tenants and long-term ownership. This offering represents a rare opportunity to acquire a corner mixed-use asset in an established urban submarket, combining immediate cash flow with future value enhancement potential in one of Chicago's most resilient neighborhoods.

12614246 MLS ⋅ ACTIVE Status

Positioned at a highly visible corner along South Ashland Avenue in the heart of Chicago's vibrant Pilsen neighborhood, 1725 South Ashland Avenue presents a compelling mixed-use investment anchored by durable income and long-term upside. The property blends well-maintained residential units with established street-level commercial tenants, creating a balanced revenue profile that appeals to both traditional and value-add investors. The retail component benefits from excellent frontage and pedestrian exposure, with a tenant mix that includes a popular neighborhood restaurant, a nationally recognized wireless retailer, and a professional services office. These uses contribute consistent foot traffic while reinforcing the property's role as a daily-use destination within the community. Residential units above are thoughtfully laid out, well maintained, and historically occupied, supporting dependable in-place income with additional upside through future rental growth and lease-up of vacant units. Located minutes from the Chicago Loop, the asset is embedded within one of the city's most culturally rich and visually dynamic neighborhoods. Pilsen is known for its dense population base, strong neighborhood identity, and accessibility via CTA rail, major bus corridors, and nearby expressways. The surrounding area features a mix of residential density, local retail, and cultural landmarks, making it attractive to both tenants and long-term ownership. This offering represents a rare opportunity to acquire a corner mixed-use asset in an established urban submarket, combining immediate cash flow with future value enhancement potential in one of Chicago's most resilient neighborhoods.

1725 S Ashland Avenue, Chicago

$655,000

4 Level Brick 3-flat w Garden on 18th Street Excellent location adjacent to Located near one of Chicago's largest planned public redevelopment sites to Break Ground 2027: the City's 18th & Peoria framework, a multi-phase plan up to 432 housing units, mixed-use buildings, neighborhood retail, public open space, and trail connections. Phase 1, Casa Nayarit, announced for 2027 start with 76 apartments and a childcare center. University Village, UIC, the Medical District, also are next door .*** This Brick Building offers four levels of usable space. The Garden, 2nd, 3rd, and 4th floor residential units are in average rental condition and Need some TLC/Light updates. The top two units and currently occupied on month-to-leases. Top floor at $1,500 and 3rd level at $1,550. The first-floor unit is vacant, .***Layouts include a top-floor 3-bedroom unit and two additional 2-bedroom/1-bath units. The finished. **Features include Common laundry is located at the rear garden, a Newer 2-car parking pad, Rear Decks with Impressive City and UIC views, 3 forced-air heating systems - with the 1st floor and garden level sharing one system - and 2 central air units. The property has 3 legal residential units, 3 electric meters, and 3 gas meters. ****Located on C-zoned commercial land, this property offers current rental income plus future upside. The location provides access to a deep renter pool from University Village, UIC, the Medical District, and nearby downtown-adjacent neighborhoods. Continued improvements such as added in-unit laundry, updated kitchens, and bath renovations could support significantly higher rents over time. ****Head west on 18th Street directly into Pilsen's restaurant scene, Thalia Hall events, cafes, and brunch spots. Stroll north to UIC, the Medical District, Roosevelt Collection theaters and shopping, or bike east to the South Loop and lakefront. Lot is about 22' x 108'.

7 Beds ⋅ 4 Baths ⋅ 12609775 MLS ⋅ CLOSED Status

4 Level Brick 3-flat w Garden on 18th Street Excellent location adjacent to Located near one of Chicago's largest planned public redevelopment sites to Break Ground 2027: the City's 18th & Peoria framework, a multi-phase plan up to 432 housing units, mixed-use buildings, neighborhood retail, public open space, and trail connections. Phase 1, Casa Nayarit, announced for 2027 start with 76 apartments and a childcare center. University Village, UIC, the Medical District, also are next door .*** This Brick Building offers four levels of usable space. The Garden, 2nd, 3rd, and 4th floor residential units are in average rental condition and Need some TLC/Light updates. The top two units and currently occupied on month-to-leases. Top floor at $1,500 and 3rd level at $1,550. The first-floor unit is vacant, .***Layouts include a top-floor 3-bedroom unit and two additional 2-bedroom/1-bath units. The finished. **Features include Common laundry is located at the rear garden, a Newer 2-car parking pad, Rear Decks with Impressive City and UIC views, 3 forced-air heating systems - with the 1st floor and garden level sharing one system - and 2 central air units. The property has 3 legal residential units, 3 electric meters, and 3 gas meters. ****Located on C-zoned commercial land, this property offers current rental income plus future upside. The location provides access to a deep renter pool from University Village, UIC, the Medical District, and nearby downtown-adjacent neighborhoods. Continued improvements such as added in-unit laundry, updated kitchens, and bath renovations could support significantly higher rents over time. ****Head west on 18th Street directly into Pilsen's restaurant scene, Thalia Hall events, cafes, and brunch spots. Stroll north to UIC, the Medical District, Roosevelt Collection theaters and shopping, or bike east to the South Loop and lakefront. Lot is about 22' x 108'.

944 W 18Th Street, Chicago

$565,000

Exceptional development opportunity on a double lot in the heart of Chicago's vibrant Pilsen neighborhood. Zoned to allow for up to five units, this versatile parcel is ideal for residential, commercial, or mixed-use construction. The generous lot size offers flexibility for your build-out, with plenty of space for thoughtful design, outdoor elements, or custom landscaping. Pilsen is celebrated for its rich cultural roots, eclectic arts scene, and strong community vibe-making it a magnet for those who appreciate diversity, creativity, and an active urban lifestyle. With easy access to local events, restaurants, galleries, and transit, this location offers the perfect canvas for your next project. Unlock the potential and create something special in one of Chicago's most dynamic neighborhoods.

12370879 MLS ⋅ CLOSED Status

Exceptional development opportunity on a double lot in the heart of Chicago's vibrant Pilsen neighborhood. Zoned to allow for up to five units, this versatile parcel is ideal for residential, commercial, or mixed-use construction. The generous lot size offers flexibility for your build-out, with plenty of space for thoughtful design, outdoor elements, or custom landscaping. Pilsen is celebrated for its rich cultural roots, eclectic arts scene, and strong community vibe-making it a magnet for those who appreciate diversity, creativity, and an active urban lifestyle. With easy access to local events, restaurants, galleries, and transit, this location offers the perfect canvas for your next project. Unlock the potential and create something special in one of Chicago's most dynamic neighborhoods.

1924 S Carpenter Street, Chicago

$935,000

Four-story brick mixed-use building with a 2 story frame coach house on the corner of 19th & Allport Street. The front building has a full basement and and full attic with generous ceiling heights. All leases are MTM or owner occupied allowing new ownership the opportunity to vacate the building and renovate or just renovate the rear coach house and maintain current tenants in the front building. A lot of value-add on a hard to find 10 + 1 unit building.

11880377 MLS ⋅ CLOSED Status

Four-story brick mixed-use building with a 2 story frame coach house on the corner of 19th & Allport Street. The front building has a full basement and and full attic with generous ceiling heights. All leases are MTM or owner occupied allowing new ownership the opportunity to vacate the building and renovate or just renovate the rear coach house and maintain current tenants in the front building. A lot of value-add on a hard to find 10 + 1 unit building.

1858 S Allport Street, Chicago

$700,000

Welcome! This mixed-use property with a long-term owner is now available in the heart of all the great things that Pilsen has to offer. Property offers 2 x (2 bed/1 bath apts), 2 x (1 bed/1b bath apts), and a nearly 2000 sq. ft. storefront situated on a premier stretch of 18th St. All units are MTM. A mere 0.1 mile to the landmark venue Thalia Hall, steps from neighboring La Vaca, Pilsen Yards, Honky Tonk BBQ, Golden Guy Sushi, Bobijoa Korean, La Luna, Art Galleries and so much more. This is your opportunity to acquire and make your mark in fast appreciating Pilsen. So many ways to make this investment a win for you and the community. Get ready and let's make this happen!

11807607 MLS ⋅ CLOSED Status

Welcome! This mixed-use property with a long-term owner is now available in the heart of all the great things that Pilsen has to offer. Property offers 2 x (2 bed/1 bath apts), 2 x (1 bed/1b bath apts), and a nearly 2000 sq. ft. storefront situated on a premier stretch of 18th St. All units are MTM. A mere 0.1 mile to the landmark venue Thalia Hall, steps from neighboring La Vaca, Pilsen Yards, Honky Tonk BBQ, Golden Guy Sushi, Bobijoa Korean, La Luna, Art Galleries and so much more. This is your opportunity to acquire and make your mark in fast appreciating Pilsen. So many ways to make this investment a win for you and the community. Get ready and let's make this happen!

1152 W 18Th Street, Chicago

$725,000

Prime 18th Street Mixed-use building with numerous updates including 400 amp electric in front building, new 100 amp service in Coach House, new porch completed with permits, newer chimneys with liners, newer heating and hot water units and partial tuck-pointing. The units feature nicely sized 1 bed/1 bath units and a large duplex into the attic unit with 5 bedrooms and 2 baths. The coach house in the rear is approximately 700 SF. There is a nice outdoor patio for tenants to enjoy and the basement has a nice ceiling height and is currently leased at $450 per month. Unit 2R has in-unit laundry and a nicely updated bathroom. Ownership can not confirm the legality of the 6th unit. Tons of value-add in this property as ownership has been paying gas for all tenants which can easily become a tenant paid expense upon lease renewals. Real Estate Taxes have not been contested and increased by 74%. New assessed value is well above current asking price and can easily be contested and reduced upon completion of sale.

11741096 MLS ⋅ CLOSED Status

Prime 18th Street Mixed-use building with numerous updates including 400 amp electric in front building, new 100 amp service in Coach House, new porch completed with permits, newer chimneys with liners, newer heating and hot water units and partial tuck-pointing. The units feature nicely sized 1 bed/1 bath units and a large duplex into the attic unit with 5 bedrooms and 2 baths. The coach house in the rear is approximately 700 SF. There is a nice outdoor patio for tenants to enjoy and the basement has a nice ceiling height and is currently leased at $450 per month. Unit 2R has in-unit laundry and a nicely updated bathroom. Ownership can not confirm the legality of the 6th unit. Tons of value-add in this property as ownership has been paying gas for all tenants which can easily become a tenant paid expense upon lease renewals. Real Estate Taxes have not been contested and increased by 74%. New assessed value is well above current asking price and can easily be contested and reduced upon completion of sale.

1523 W 18Th Street, Chicago