$1,900,000

2323 W 18th Street, Chicago, IL 60608

  • 8,600 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1929
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $221/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Exceptional commercial investment opportunity in the heart of Pilsen- one of Chicago's most vibrant and sought-after neighborhoods, whose 18th Street corridor was recognized by Time Out Magazine as one of the coolest streets in the world. This versatile C1-3 zoned mixed-use building at 2323 W. 18th Street offers a rare blend of established tenant-occupied commercial spaces and residential income, all under one roof. The building totals approximately 8,600 sq ft across two levels. The ground floor features a car wash (5,000 sq ft) with two bathrooms and a tire shop (2,500 sq ft) with its own bathroom - both currently occupied by paying tenants, providing immediate rental income from day one. The car wash business may also be available for purchase - an added opportunity for the right buyer. The second floor offers two distinct units: a private office suite (450 sq ft) with a dedicated bathroom, ideal for an owner-operator or additional lease income, and a 2-bedroom residential apartment (650 sq ft) with a full kitchen and bath - perfect for on-site living or further rental revenue. The location is unbeatable. Steps from a Metra commuter rail station for easy access across the Chicago metro, and just 2 blocks from Cinespace Chicago Film Studios, one of the largest film and TV production facilities in North America - a consistent traffic and business driver for the area. The property is also minutes from Harrison Park, the National Museum of Mexican Art, and the Medical District, with convenient access to I-90, I-55, and the Loop via the Pink Line or Metra. Nearby Thalia Hall, a landmark entertainment venue, anchors a thriving local scene of galleries, studios, restaurants, and boutiques. Whether you're an investor seeking strong rental returns, an entrepreneur ready to expand, or a startup looking for the perfect home base - this property delivers the space, zoning flexibility, and location to make it happen. Schedule your private showing today!

Listing Status:
Active
Data Last Updated:
July 7, 2026 at 1:18PM
Listing Office:
Midwest Real Estate Brokerage LLC : 773-424-8207
Listing Agent:
Ignacio Marquez : 773-297-1141
MLS ID:
12660027
  • A/C: Office Only
  • Originating MLS: mred
  • County: Cook
  • Zoning: COMMR17193020050000
  • Current Use: CommercialAutomotive
  • Utilities: Circuit BreakersSeparate MetersService - 101 to 200 Amps
  • Source: mred

This listing courtesy of Ignacio Marquez , Midwest Real Estate Brokerage LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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