1314 West 18th, Chicago IL 60608
Property Description
This is a great opportunity for a value add 6-unit brick building in Pilsen, ready for its next owner. It's a solid property that just needs some fixing up to reach its full potential. You'll find a good mix of units, including two 1-bed/1-bath apartments, three 2-bed/1-bath units, and a large 4-bed/2-bath duplex with its own laundry. The important updates are already done, with a roof less than 2 years old and some new heating and mechanicals. The property also offers shared laundry and a valuable two-car garage. With some work, this property is positioned to compete with the top-tier sales in Pilsen. Once updated and fully rented, the stabilized financials project a high capitalization rate for investors.
Features & Information
Key Details
- List Price $900,000
- Property Taxes $12,592
- Price/ Sq. Ft. Unavailable
- Year Built 1883
- Status Active
Building Information
- Age of Building Older
- Exterior Construction Brick
- Foundation Brick
- Heating & Cooling Forced Air, Wall Unit, Separate Per Unit
Location
- County Cook
- Directions to Property East Cermak Rd Left On Throop East To 18th Pl
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Property Taxes
- Tax 12592
- Parcel Identification Number 17203130310000
Listed by: You Properties LLC | Phone: 312.721.1721
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/14/2025 10:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Pilsen
A vibrant neighborhood situated on the city’s Lower West Side, Pilsen is one of Chicago’s oldest communities. Weathered stone castles, colorful turrets, and ornamental accents harken back to the area’s Bohemian roots. Building on its working-class roots, Pilsen has become a destination for the arts in Chicago—striking murals and vivid mosaics can be found throughout the neighborhood. Pilsen is home to a variety of galleries and museums, such as the National Museum of Mexican Art, one of the most prominent institutions for Mexican art and culture in the United States. Multi-generational mom and pop shops sit side-by-side some of the city’s finest dining. From off the beaten track locales to hip eateries, Pilsen offers a wide variety ideal for all. Vintage shops, independent cafes, and offbeat markets add to the neighborhood’s charm.
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