965 W 18th ST, Chicago, IL 60608
965 W 18th ST, Chicago, IL 60608
965 W 18th ST, Chicago, IL 60608
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$1,425,000
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6,025 SqFt
Price Dropped by $50K

965 W 18th ST Chicago, IL 60608

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John Barnak III

John Barnak III

+1(630) 439-6385

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 6,025 sqft

Price per Sqft $236

MLS Listing ID 12746222

Maintenance Fees $1,000

Year Built 1885

Annual Tax Amount $18,194

Tax Year 2024

Lot Dimensions 25 X 100

Property Sub-Type Multi Family 5+

Property Description

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!

Location

State IL

County Cook

Area Chi - Lower West Side

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Michael Scanlon of  eXp Realty 

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John Barnak III

John Barnak III

Broker License ID: 471019889

+1(630) 439-6385

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965 W 18th ST

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