SVN Chicago Commercial’s Cawthon-Labriola Group announced the sale of a six-unit mixed-use building located at 1329 W 18th Street in the heart of Chicago’s Pilsen neighborhood. The property sold for $1.42 million.

The fully leased building features five recently rehabbed residential units, rear garage parking, and a newly signed retail lease with a five-year term plus options—making it an attractive, stabilized investment opportunity.

“This was a great stabilized product for an armchair investor looking for strong cash flow with long-term upside,” shared the Cawthon-Labriola team. “The newly signed retail lease combined with the recent residential renovations positioned this asset as a turnkey investment in one of Chicago’s most dynamic neighborhoods.”

SVN represented both sides of the transaction, with an out-of-state buyer acquiring the asset. The deal reflects ongoing investor interest in well-located, income-producing mixed-use properties in Chicago’s fast-evolving Pilsen corridor.