1314 W 18th Place Chicago, IL ^$ 850,000

1314 W 18th Place

^$ 850,000

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1314 W 18th Place

Chicago, IL, 60608

^$ 850,000

Bedrooms10 Baths0.0 Sq 4,320

Monthly Estimate*

^$ 5,303

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Multi-Family Home for sale in Chicago, IL

for $850,000 with 10 bedrooms. This 4,320 square foot home was built in 1883 on a lot size of 0.68.

This is a great opportunity for a value add 6-unit brick building in Pilsen, ready for its next owner. It's a solid property that just needs some fixing up to reach its full potential. You'll find a good mix of units, including two 1-bed/1-bath apartments, three 2-bed/1-bath units, and a large 4-bed/2-bath duplex with its own laundry. The important updates are already done, with a roof less than 2 years old and some new heating and mechanicals. The property also offers shared laundry and a valuable two-car garage. With some work, this property is positioned to compete with the top-tier sales in Pilsen. Once updated and fully rented, the stabilized financials project a high capitalization rate for investors.

Multi-Family Active

Price

^$ 850,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 12,592

Style

Multi-Family

Lot Size

0.68

Year Built

1883

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12487278

Features

General

Cooling Central Air Window Unit(s)

Zoning MULTI

Construction Materials Brick

Year Built 1883

Electric Circuit Breakers Separate Meters

Tenant Pays Electricity Heat

Stories Count 3

Township West Chicago

Tax Year 2023

Current Use Multi-Family

Gross Income 34000

County Cook

Net Operating Income 1000

Operating Expense 32000

Insurance Expense 26000

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Status Active

Directions East Cermak Rd Left on Throop East to 18th PL

City Chicago

Number Of Units Total 6

MLS Area CHI - Lower West Side

Lot Size Square Feet 2976

Tax Annual Amount 12592

Electric Expense 1200

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 4800

Additional Parcels Y/N N

Standard Status Active

Interior

Basement Finished

Exterior

Foundation Details Brick/Mortar

Building Area Total 4320

Lot Dimensions 24x124

Lot Size Acres 0.68

* Excluded Features

List By

You Properties Llc

Broker

Jose@youproperties.com

Affordability Calculator

$6,352

Per Month

Monthly Principal & Interest: $5,303
Monthly Property Taxes: $1,049
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$615,846

Percent of Sale Price 28%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/12/2025	$850,000	-5.56%	Price Down
10/3/2025	$900,000		Listed Price

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1314 W 18th Place, Chicago, IL, 60608 is a Multi-Family Home for sale at $850,000 with 4,320 sqft and a lot size of 0.68. 1314 W 18th Place has 10 bedrooms, 0.0 baths, and was built in 1883. The property's zip code is 60608 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/8/2025.

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1314 W 18th Place

Multi-Family Home for sale in Chicago, IL

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