944 W 18th Street
Chicago, IL 60608
- 7 beds
- 3 baths
- – sqft
- 2,376 sqft lot
- – on site
Price reduced 50k Best location for an appreciation play of the 3 flats on market this Summer. This is a great live-in location meanwhile while you collect rents, and expect the massive development adjacent that could guide you to much higher appreciation than the other options further away from this excellent locaiton. There is great rent potential here also. As you update (add WD to units) the market will reward you. The pool of renters and amenities is vast: University Village nest door, the Illinois Medical District 16th and Ashland, UIC, Metra Station at Halsted, Quick jump to Roosevelt Cooridor . You will fill units quickly for rent and higher rents are possible as you update the units. This stretch of 18th rolls into the Pilsen dining, cafe, nightlife as you head west on 18th. The building is a brick beauty and comes with a promise of commercial Potential(Zoned C1-2) to fit an entrepreneur up on a dream track to have client based/retail commercial success. The current three residential units on 2nd, 3rd, 4th levels are updated to average rental quality and fully occupied with shorter term leases. Top unit is 3 bed, other two are 2 bed units. The Garden level offers finished space also with kitchenette and bath and offers additional income. Rents could exceed 8500 with strategic updates. Rents now are month to month and below market. If you added laundry and a few key attributes to units rents could exceed reach $2500 a month at todays' prices. Newer parking pad(2 car). Forced air heat in units (3 units in building Garden and 1st share). Common laundry in rear garden level is in place. There is amazing potential for city views ( add more windows on East Wall!). This is also the Perfect location for condo conversion to exit at a premium price to exit at max sellouts. This is your chance to own an amazing location in Pilsen with income. Every hour and dollar put in will reap rewards ! Sf for Land is 2376 sf Bldg in tax is 3635 sf.
Last checked:
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Last updated May 20, 2025
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MLS# 12313408 —
The Building
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Rebuilt:No
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New Construction:false
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Construction Materials:Brick
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Basement:Partially Finished, Full, Walk-Out Access
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Foundation Details:Block, Brick/Mortar, Concrete Perimeter
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Patio And Porch Features:Deck, Porch
Interior
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Room Type:Foyer, Utility Room-1st Floor, Workshop
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Rooms Total:13
Location
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Directions:HALSTED TO 18TH WEST TO PROPERTY
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Location:87738
The Property
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Parcel Number:17204040240000
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Property Type:Residential Income
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Lot Size Dimensions:22 X 108
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (312) 330-3730
- Office phone:
- (312) 216-2422
Taxes
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Tax Year:2023
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Tax Annual Amount:13337.51
Beds
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Bedrooms Total:7
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Bedrooms Possible:7
Baths
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Baths:3
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Full Baths:3
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
Parking
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Parking Total:2
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Parking Features:Off Alley, Off Street, On Site, Owned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/14/25
May 14, 2025
|
Price Changed | MRED | $749,000 | -0.1% |
|
5/7/25
May 7, 2025
|
Price Changed | MRED | $749,500 | -0.1% |
|
4/22/25
Apr 22, 2025
|
Price Changed | MRED | $749,900 | -6.1% |
