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$950,000
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Property Description
Exceptional Investment Opportunity in the Heart of Pilsen! Located right on 18th Street in Chicago's thriving Pilsen neighborhood, this mixed-use property offers tremendous potential for developers, investors, and entrepreneurs. Boasting approximately 6,000 square feet, the building features a commercial storefront on the first floor and four residential apartments above. The property has been completely gutted, providing a blank canvas for your vision and eliminating the time and expense of demolition. With the heavy lifting already completed, investors can move directly into the design and renovation phase. Whether you're looking to create modern residential units, capitalize on mixed-use income potential, or reposition the asset for long-term appreciation, this property offers endless possibilities. Situated in one of Chicago's most vibrant and rapidly growing neighborhoods, you'll benefit from strong foot traffic, popular restaurants, local businesses, public transportation, and easy access to downtown. Opportunities like this are rare... Bring your ideas and unlock the full potential of this prime Pilsen location.
Full Property Details
Full Property Details for 1321 W 18th St
General
- Price: $950,000
- Taxes: $16,474 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12682267
- Updated: 6/30/2026
- Added to Site: 16 day(s) ago
Location
- Area: CHI - Lower West Side
- County: Cook
- Driving Directions: Ashland to 18th St (E) to Address
- Location Details: Chicago Southwest
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Composition
- Stories/Levels: 3
- Square Feet: 6,111
- # of Stores: 1
- Year Built: 1892
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 2,976
- Lot Dimensions: 2976
- Zoning: COMMR
Financial Considerations
- Assessment Year: 1892
- Tax Amount: $16,474.43
- Tax Year: 2024
Disclosures and Reports
- Property ID: 17203130160000
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Schools
Schools serving 1321 W 18th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Pilsen Elementary Community Academy 1420 West 17th Street, Chicago, IL 60608 | PK-8 | 0.2 mi |
Juarez Community Academy High School 1450 West Cermak Road, Chicago, IL 60608 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1321 W 18th St
Date
Details
Price
Change
Source
6/24/2026
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1321 W 18th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$14,136
—
$82,000
22%
2023
$14,136
3%
$67,000
—
2022
$13,781
2%
$67,000
—
2021
$13,473
89%
$67,000
109%
2020
$7,142
261%
$32,061
225%
2019
$1,980
2%
$9,856
—
2018
$1,947
7%
$9,856
17%
2017
$1,821
6%
$8,457
-2%
2016
$1,722
-70%
$8,595
-72%
2015
$5,691
321%
$31,056
326%
2014
$1,352
2%
$7,288
—
2013
$1,325
1%
$7,288
—
2012
$1,308
—
$7,288
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1321 W 18th St
1321 W 18th Street, Chicago, IL 60608 (MLS# 12682267) is a Commercial property. 1321 W 18th Street is currently listed for $950,000 and was received on June 24, 2026. Want to learn more about 1321 W 18th Street? Do you have questions about finding other Commercial real estate for sale in Lower West Side? You can browse all Lower West Side real estate or contact a Coldwell Banker agent to request more information.

