Property Description

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!

Property Features