Chicago, IL 60608 2323 W 18th Street

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Presented By: Midwest Real Estate Brokerage LLC
  • MLS# 12660027
  • 05/27/2026
  • Request Tour
  • Request Info
  • SQFT • 8,600

Home Details

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!
Presented By: Midwest Real Estate Brokerage LLC

General for 2323 W 18th Street

Additional Parcels Description17193020060000, 17193020040000
Additional Parcels Y/NYes
CityChicago
Construction MaterialsBrick, Block
CoolingOffice Only
CountyCook
Current UseCommercial, Automotive
DirectionsTake Western Ave North/South to Sout 18th Street. Turn East on 18th Street, head to address.
ElectricCircuit Breakers, Separate Meters, Service - 101 to 200 Amps
Electric Expense
Fuel Expense
Gross Income8700
Insurance Expense
Lot Size Square Feet7500
MLS AreaCHI - Lower West Side
Net Operating Income80349
Number Of Units Total3
Operating Expense24050
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount24050.67
Tax Year2024
Trash Expense0
Water Sewer Expense11239
Year Built1929
ZoningCOMMR

Exterior for 2323 W 18th Street

Building Area Total8600
Lot Dimensions75' X 100'

Additional Details

Price History

Client Care

Price $1,900,000
MLS#12660027
List Date 05/27/2026
Property Type Commercial
Phone 847.485.2500
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