2722 W 18th Street, Chicago IL 60608
$379,900

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Property Description

Investor special! This solid brick 3-unit is a massive equity play tucked away on a quiet cul-de-sac near Cinespace and Douglas Park. It's a total rehab, but the bones and the footprint offer incredible potential, including a rare, generous yard and large garage, perfect for future tenants. Each of the three units is spacious enough to accommodate 2-3 bedrooms, making this a high-yield opportunity for a savvy developer. If you're ready to roll up your sleeves and transform this into a neighborhood standout, this is the one. It's a massive equity play for anyone ready to do the work. Cash, hard money, only. Building won't pass a regular conventional or FHA loan. The building does require maintenance and is priced accordingly. Sold strictly AS-IS-buyer to perform their own due diligence. With convenient access to Mount Sinai, UIC, Rush, CTA train lines, and I-290, this is a prime opportunity in a great neighborhood.

Features & Information

Key Details

  • List Price $379,900
  • Property Taxes $7,177
  • Year Built 1898
  • Status Contingent (Private)

Units

  • Unit 1

  • Floor 1
  • Rooms 6
  • Beds 2
  • Baths 1
  • Appliances None
  • Rent $0/mo
  • Lease Expires mtm
  • Unit 2

  • Floor 1
  • Rooms 6
  • Beds 3
  • Baths 1
  • Appliances None
  • Rent $0/mo
  • Lease Expires mtm
  • Unit 3

  • Floor 1
  • Baths 1
  • Appliances None
  • Rent $0/mo
  • Lease Expires mtm

Exterior Features

  • Parking

  • # of Cars:  2

Building Information

  • Number of Units 3
  • Age of Building 100+ Years

Location

  • County Cook
  • Directions to Property Washtenaw South To 18th St West To Address
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • School Name 299
  • Property Taxes

  • Tax 7177.08
  • Tax Year 2025
  • Parcel Identification Number 16244010360000

Listed by Marisol Doblado for Compass | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 8/18/2026 11:32 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 Douglas Park

A concentration of residential blocks surrounding one of Chicago's largest parks, Douglas Park is a west side neighborhood tucked within the larger community of Lawndale. Named for the central focus of the area, this little region has its priorities straight: acres of parkland and open green expanses. More than just a slab of grass, Douglas Park's namesake park is home to a Cultural and Community Center that boasts all the intramural, recreational fun you can handle. The outdoor pool, volleyball and tennis courts, miniature golf course, sandboxes, and spray pools are always hot in the summer. But the wintertime is no exception to the community center's popularity as the lake freezes over and makes for a picture perfect ice skating rink. Packed with families from the neighborhood and surrounding areas, the center's outside features make this the ultimate Chicago playground. Inside, the center is also bustling with Douglas Park residents fond of arts and crafts, dance classes and music lessons.

Read More About Douglas Park...

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