BEDS6
BATHS4 full
MLS#12599877
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 299
Property Description
Located in the heart of Pilsen, this legal 4-unit property with a coach house and rare 2-car garage is a true find. Properties combining this scale, flexibility, and parking rarely come to market in this area. The owner's unit is duplexed up and partially finished, offering the opportunity to complete it as a 3 bed / 2 bath. For buyers looking to maximize value from day one, a 203K construction financing could be an ideal tool to fund the finish-out and roll it into one loan. All units have separate utilities. The owner's unit comes with in-unit laundry already in place, and the remaining units share a common laundry area. Rents are currently below market, giving the next owner a clear value-add play. Whether through lease adjustments, light updates, or completing the owner's unit, the upside for increased cash flow and long-term appreciation is real and within reach. Steps from the CTA Pink Line at 18th Street for direct Loop access, with multiple bus routes on 18th and Ashland, and quick access to I-290, I-90/94, and I-55. Proximity to the UIC Medical District adds a built-in renter pool of medical professionals and students. Live in one unit and let the others pay your mortgage, or add a high-demand asset to your portfolio.
Property Features
Property Type: Multi Unit - Multiple
Basement: Finished, Full
Basement: Yes
Garage: 2
Heating: Natural Gas, Forced Air
Lot Size: 25 X 124
Taxes: $14,808
Year Built: 1919
Feature Descriptions
Exterior: Brick
Lot Dimensions: 25 X 124
Other Equipment: Ceiling Fan(s)
Parcel#: 17203090140000
Parking: Garage Door Opener, Garage, Yes, Attached
Sewer: Public Sewer
Total Rooms: 17
Township: West Chicago
Water: Lake Michigan
Local Schools
School District: District 299
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 312-266-7000
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 3,738.65 per month $2,214.44 Principal & Interest $1,234.00 Property Tax $290.21 Homeowner's InsuranceChange Payment Information
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1527 W 18th Place | MLS# 12599877
This multi-family property located at 1527 W 18th Place, Chicago, IL 60608 is currently listed for sale with an asking price of $995,000. W 18th Place is located within the District 299 school district. Search Chicago real estate on www.bhhscrosby.com today.