643 W 18th St

Located approximately 3 miles southwest of Chicago's Loop, Pilsen is a culturally rich neighborhood on the Lower West Side bordering the Chicago River to the east. Renowned for its vibrant Latino community and artistic ambiance, Pilsen boasts a dynamic art scene with numerous galleries and striking street murals adorning its well-preserved 19th-century architecture. The area is a culinary hotspot, offering a diverse range of authentic Mexican cuisine from casual taquerias to upscale dining experiences along its lively main thoroughfare, 18th Street. Easy access to public transportation via CTA Pink Line stations ensures seamless connections to downtown Chicago and beyond, complemented by nearby highways like I-90/94 for convenient commuting and exploration. Pilsen's blend of historic charm, artistic vibrancy, and community spirit makes it a highly sought-after destination within Chicago.Essex Three-Twelve, LLC. has been exclusively retained to market for sale 643 W. 18th Street, a parcel of land located in the heart of the Pilsen neighborhood of Chicago. In recent years, Pilsen has become one of the most sought-after neighborhoods by investors and developers primarily due to being an extremely low-density market with proximity to downtown and the area’s dynamic fundamentals, including a thriving artist community. The land which was recently a distressed mixed-use property has been owned by the same family for generations. The building was very recently demolished leaving this approximately 2,525 SF lot, with RT-4 Zoning, ready for a new owner to come in and develop a building in an ever-growing market. RT-4 Zoning permits the construction of two-flats, townhouses, low-density apartment buildings, and single-family homes. An investor has an extremely rare opportunity to acquire a parcel of land in an area that has undergone tremendous growth and development.