1157 W 18th Street Chicago, IL $ 4,250,000
1157 W 18th Street
$ 4,250,000
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1157 W 18th Street

Chicago, IL, 60608
$ 4,250,000
Bedrooms8 Baths0.0 Sq 11,906

Monthly Estimate*

$ 26,168

1157 W 18th Street, Chicago, IL 60608 - Image 1
1157 W 18th Street, Chicago, IL 60608 - Image 2
1157 W 18th Street, Chicago, IL 60608 - Image 3
1157 W 18th Street, Chicago, IL 60608 - Image 4
1157 W 18th Street, Chicago, IL 60608 - Image 5
1157 W 18th Street, Chicago, IL 60608 - Image 6
1157 W 18th Street, Chicago, IL 60608 - Image 7
1157 W 18th Street, Chicago, IL 60608 - Image 8

Multi-Family Home for sale in Chicago, IL

for $4,250,000 with 8 bedrooms. This 11,906 square foot home was built in 1884 on a lot size of 0.11.

1157 W. 18th St. is a 13-unit mixed-use property ideally positioned in Chicago's highly desirable Pilsen neighborhood. The building features a fully built-out ground floor retail space currently leased to Hol Health Studio through 2031, providing stable long-term income. Above the retail sit 12 well-appointed apartments made up of a desirable mix of one-, two-, and three-bedroom floor plans. The property underwent a complete renovation in 2016, including all-new electrical, plumbing, and HVAC systems, a fully built-out retail space, upgraded apartment interiors, and exterior building improvements. The apartments feature modern finishes such as hardwood floors, white kitchen appliances, quartz or wood countertops with islands, subway tile backsplashes & showers, individual HVAC systems, and in-unit laundry. Situated directly along the vibrant 18th Street retail corridor, the property is surrounded by many of the neighborhood's most popular dining and entertainment destinations. Residents enjoy outstanding accessibility, with both the 18th Street CTA station and Halsted Metra station located less than a mile away, as well as multiple nearby bus routes-offering convenient connectivity throughout Chicago and surrounding suburbs. The property's location just south of the Illinois Medical District offers convenient access to major employment centers, as well as quick connectivity to the Loop and West Loop.

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Multi-Family Active

Price

$ 4,250,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 55,832

Style

Lot Size

0.11

Year Built

1884

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12617946

Features
General
Cooling Central Individual
Zoning COMMR
Construction Materials Brick
Year Built 1884
Electric Over 600 Amps
Stories Count 3
Tax Year 2024
Gross Income 421329
Additional Parcels Description 17204070210000
County Cook
Net Operating Income 274734
Operating Expense 123262
Insurance Expense 7441
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 6500
Status New
Directions Take I-90/94 (Dan Ryan Expressway) toward Chicago. Exit at 18th Street. Head west on W. 18th Street. Continue straight for approximately 0.7 miles. 1157 W. 18th Street will be on your left locate
City Chicago
Number Of Units Total 13
MLS Area CHI - Lower West Side
Lot Size Square Feet 5000
Tax Annual Amount 55832.3
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Standard Status Active
Cap Rate 6.46
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Exterior
Building Area Total 11906
Lot Dimensions 25x220
Lot Size Acres 0.11
Frontage Type City Street
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* Excluded Features
List By
Essex 312, Llc

Broker

Niko@nikocollab.com; niko@essex312.com

Email

Affordability Calculator

$30,821
Per Month
85%
15%
0%
Monthly Principal & Interest
$26,168
Monthly Property Taxes
$4,653
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/14/2026$4,250,000 Listed Price

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1157 W 18th Street, Chicago, IL, 60608 is a Multi-Family Home for sale at $4,250,000 with 11,906 sqft and a lot size of 0.11. 1157 W 18th Street has 8 bedrooms, 0.0 baths, and was built in 1884. The property's zip code is 60608 which is in Chicago, IL