1418 W Blackhawk Street, Chicago, IL 60642 - Photo 1

1/1

$2,150,000

Sold
Closed
Commercial

1/1

Property Description

This is a premier turn-key 7-unit property in a coveted location, rehabbed in 2023. Featuring seven fully occupied units, the building offers $206,160 in annual revenue with an opportunity for rent growth. The property comprises four 1-bed/1-bath units, two 2-bed/1-bath units, and one 3-bed/2-bath unit, all with modern finishes, Central HVAC, Copper plumbing, in-unit laundry, and upgraded kitchen appliances. Taxes were appealed this year and will be reducing to $29,744 in 2024.The location features easy walking access to the CTA Blue Line, bus routes, and the vibrant dining and entertainment scenes of Wicker Park and Bucktown. With easy highway access, ample street parking, and a park across the street, this property is a compelling and hassle-free investment opportunity.

Full Property Details

Full Property Details for 1418 W Blackhawk St

General

Sold For: $2,150,000
Taxes: $40,609 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12476190
Added to Site: 116 day(s) ago

Location

Area: CHI - West Town
County: Cook
Driving Directions: Ashland (1600W) to Blackhawk (1500N) to 1418 Blackhawk across from community center

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Forced Air, Gas, Separate per Unit

Structural Information

Construction: Brick, Wood, Vinyl Siding
Exterior Const.: Brick, Wood, Vinyl Siding
Basement Desc.: Crawl Space
Stories/Levels: 3
Current Bldg. Use: Multi-Family
Year Built: 1876
Built Before 1978: Yes

Unit Information

Units w/Refrigerators: 7
Units w/Range/Oven: 7
# Dryers: 7

Lot Features

Lot Size (Acres): 0.07
Lot Size (Sq. Ft.): 3,280
Lot Dimensions: 25 x 125
Frontage: City Street
Zoning: MULTI

Financial Considerations

Assessment Year: 1876
Tax Amount: $40,609.31
Tax Year: 2023
Tenant Pays: Electricity, Heat

Disclosures and Reports

Property ID: 17051100230000

Listed by Lease312INC
Sold by Compass

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Schools

Schools serving 1418 W Blackhawk St

School District:Chicago Public School District 299

Name	Grades	Distance
Lozano Elementary Bilingual & Intl Center 1501 North Greenview Avenue, Chicago, IL 60642	PK-8	0.1 mi
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622	9-11	0.6 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1418 W Blackhawk St

Date

Details

Price

Change

Source

12/22/2025

Sold

$2,150,000

-2.27%

MLS

9/22/2025

Listed

$2,200,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1418 W Blackhawk Street, Chicago, IL 60642 (MLS# 12476190) is a Commercial property that was sold at $2,150,000 on December 22, 2025. Want to learn more about 1418 W Blackhawk Street? Do you have questions about finding other Commercial real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.

1418 W Blackhawk St Chicago, IL 60642