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!
Details
MLS #
12746647
Listing Type
For Sale
Style
Mixed Use
Sub-Type
Resale
Status
Active
Year
1885
Days On Site
22
Listing Provided By
eXp Realty | Michael Scanlon
Features
SQ Feet
6,025
Story(s)
3
Units
5
Zoning
COMMR
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick
Utilities
Electric
Circuit Breakers, Separate Meters
Taxes
Tax Year
2024
Tax Annual Amount
18194.61
Area Information
State
IL
County
Cook
City
Chicago
Zip Code
60608
Area
CHI Lower West Side
Listing VS Median (in 60608)
Price: $1,425,000
low | high
Med: $300,000
100% of Average
sqft: 6,025
low | high
Med: 630
100% of Average
$ / sqft: $237
low | high
Med: $476
51.336675020886% of Average
On site: 22
low | high
Med: 820
2.682926829268% of Average
Sourced by Back At You
Market Activity 60608
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 6
Avg $ Per SqFt: $268.64
Min Sale Price: $330,000
Max Sale Price: $860,000
Med Sale Price: $424,000
Date: Jul 2026
Sales: 18
Avg $ Per SqFt: $327.63
Min Sale Price: $235,000
Max Sale Price: $940,000
Med Sale Price: $406,185
Date: Jun 2026
Sales: 25
Avg $ Per SqFt: $280.59
Min Sale Price: $220,000
Max Sale Price: $900,000
Med Sale Price: $409,000
Date: May 2026
Sales: 29
Avg $ Per SqFt: $332.5
Min Sale Price: $225,000
Max Sale Price: $890,000
Med Sale Price: $470,000
Date: Apr 2026
Sales: 35
Avg $ Per SqFt: $297.48
Min Sale Price: $200,000
Max Sale Price: $1,550,000
Med Sale Price: $435,000
Date: Mar 2026
Sales: 43
Avg $ Per SqFt: $309.8
Min Sale Price: $220,000
Max Sale Price: $1,850,000
Med Sale Price: $448,000
Date: Feb 2026
Sales: 29
Avg $ Per SqFt: $274.96
Min Sale Price: $140,000
Max Sale Price: $900,000
Med Sale Price: $347,900
Date: Jan 2026
Sales: 26
Avg $ Per SqFt: $261
Min Sale Price: $180,000
Max Sale Price: $950,000
Med Sale Price: $349,500
Date: Dec 2025
Sales: 20
Avg $ Per SqFt: $289.4
Min Sale Price: $40,000
Max Sale Price: $915,000
Med Sale Price: $487,500
Date: Nov 2025
Sales: 23
Avg $ Per SqFt: $254.64
Min Sale Price: $226,000
Max Sale Price: $1,515,000
Med Sale Price: $360,000
Date: Oct 2025
Sales: 28
Avg $ Per SqFt: $255.67
Min Sale Price: $140,000
Max Sale Price: $1,100,000
Med Sale Price: $382,500
Date: Sep 2025
Sales: 43
Avg $ Per SqFt: $275.83
Min Sale Price: $110,000
Max Sale Price: $875,000
Med Sale Price: $415,000
Sourced by Back At You
Aug 2026
Sales:
6
Avg $ Per SqFt:
$268.64
Min Sale Price:
$330,000
Max Sale Price:
$860,000
Med Sale Price:
$424,000
Jul 2026
Sales:
18
Avg $ Per SqFt:
$327.63
Min Sale Price:
$235,000
Max Sale Price:
$940,000
Med Sale Price:
$406,185
Jun 2026
Sales:
25
Avg $ Per SqFt:
$280.59
Min Sale Price:
$220,000
Max Sale Price:
$900,000
Med Sale Price:
$409,000
May 2026
Sales:
29
Avg $ Per SqFt:
$332.5
Min Sale Price:
$225,000
Max Sale Price:
$890,000
Med Sale Price:
$470,000
Apr 2026
Sales:
35
Avg $ Per SqFt:
$297.48
Min Sale Price:
$200,000
Max Sale Price:
$1,550,000
Med Sale Price:
$435,000
Mar 2026
Sales:
43
Avg $ Per SqFt:
$309.8
Min Sale Price:
$220,000
Max Sale Price:
$1,850,000
Med Sale Price:
$448,000
Feb 2026
Sales:
29
Avg $ Per SqFt:
$274.96
Min Sale Price:
$140,000
Max Sale Price:
$900,000
Med Sale Price:
$347,900
Jan 2026
Sales:
26
Avg $ Per SqFt:
$261
Min Sale Price:
$180,000
Max Sale Price:
$950,000
Med Sale Price:
$349,500
Dec 2025
Sales:
20
Avg $ Per SqFt:
$289.4
Min Sale Price:
$40,000
Max Sale Price:
$915,000
Med Sale Price:
$487,500
Nov 2025
Sales:
23
Avg $ Per SqFt:
$254.64
Min Sale Price:
$226,000
Max Sale Price:
$1,515,000
Med Sale Price:
$360,000
Oct 2025
Sales:
28
Avg $ Per SqFt:
$255.67
Min Sale Price:
$140,000
Max Sale Price:
$1,100,000
Med Sale Price:
$382,500
Sep 2025
Sales:
43
Avg $ Per SqFt:
$275.83
Min Sale Price:
$110,000
Max Sale Price:
$875,000
Med Sale Price:
$415,000
MLS Number: 12746647
Michael Scanlon – (773) 630-9205 – michael.scanlon@exprealty.com
eXp Realty – (888) 574-9405
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The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MRED. All Rights Reserved.
MLS Number: 12746647
Michael Scanlon – (773) 630-9205 – michael.scanlon@exprealty.com
Price Reduced Listing
