Chicago, IL 60608 944 W 18TH Street

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Presented By: Keller Williams ONEChicago
  • MLS# 12313408
  • 03/16/2025
  • Request Tour
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  • Beds • 7
  • Baths • 3

Home Details

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.
Presented By: Keller Williams ONEChicago

Interior Features for 944 W 18TH Street

Bedrooms

Bedrooms Possible7
Total Bedrooms7

Bathrooms

Full Baths Building3
Half Baths Building
Total Baths3

Other Interior Features

BasementPartially Finished, Full, Walk-Out Access
Total Number of Units3

Other Rooms

Room TypeFoyer, Utility Room-1st Floor, Workshop

General for 944 W 18TH Street

CityChicago
Construction MaterialsBrick
CountyCook
DirectionsHALSTED TO 18TH WEST TO PROPERTY
Elementary School District299
HeatingNatural Gas, Forced Air
High School District299
MLS AreaCHI - Lower West Side
Middle/Junior School District299
ModificationTimestamp2025-06-05T09:12:01.801Z
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount13337.51
Tax Year2023
Total Rooms13
TownshipWest Chicago

Exterior for 944 W 18TH Street

Foundation DetailsBlock, Brick/Mortar, Concrete Perimeter
Lot Dimensions22 X 108
Lot Size Acres
Parking FeaturesOff Alley, Off Street, On Site, Owned
Total Parking2
Water SourceLake Michigan
Waterfront Y/NNo

Additional Details

Price History

Client Care

Price $749,000
MLS#12313408
List Date 03/16/2025
Property Type Multi-Family
Phone 847.485.2500
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