Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Chicago & Midwest  + Downtown  + Apartments  | 

Fully Occupied Pilsen Mixed-Use Comes to Market

Essex Realty Group has been selected to market for sale 1848 S. Blue Island Ave., a mixed-use investment property in Chicago’s Pilsen neighborhood. The property is fully occupied and is currently listed for sale at $1,475,000. Essex principals Jim Darrow and Jordan Gottlieb are heading the marketing and sale efforts. 

The property’s unit mix is comprised of four two-bedroom apartments plus one retail space. The retail space is approximately 2,200 square feet and is occupied by a florist through 2024. All the residential units were updated in 2021. 

18148 S. Blue Island is located within two blocks of 18th Street, arguably Pilsen’s most well-known street with many local businesses, bars, and well-known restaurants. The property is also within walking distance to Throop Park and Harrison Park, the 18th Street & Damen L stations. and several bus stops and Divvy stations.  


Inside The Story

Essex Realty Group

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
New call-to-action