2338 W 18th Place
Chicago, IL, 60608 $ 736,500
Bedrooms7 Baths3.0 Sq 4,250 Monthly Estimate*
$ 4,535
for $736,500 with 7 bedrooms and 3 full baths. This 4,250 square foot home was built in 1885.
Incredible opportunity to own a true gem in the heart of Pilsen! This recently renovated multi-family property blends classic charm with modern updates, offering over 3,500 sq. ft. of living space, featuring 7 bedrooms and 3 bathrooms-perfect for both investors and owner-occupants looking for income potential. Each unit showcases tastefully updated kitchens and baths, granite countertops, stainless steel appliances, and spacious layouts that combine comfort and function. Second Floor Unit: Ideal for an owner-occupant, with 2 bedrooms, a large living room, formal dining room, and a modern kitchen. First Floor Split into Two Units: Front Unit: 2 bedrooms, 1 full bath, living room, and kitchen. Rear Unit: 3 bedrooms, 1 full bath, living room, and kitchen. With over $200K in extensive renovations and system upgrades between 2022 and 2025 designed for long-term performance, lower operating costs, and future flexibility, this property features a re-engineered basement with beam reinforcement, deepened foundation (~8 ft), drain tile, dual sump pumps, ejector system, and full exterior waterproofing-intentionally designed to support a potential 2-bedroom, 1-bath accessory dwelling unit (ADU). Not leaving anything to chance, the property also boasts from significant electrical improvements, rewiring, and grounding updates across units, plus new bathroom exhausts and electric tankless water heaters for each unit. These steps supported the installation of a (FULLY OWNED) metered solar array -engineered for maximum roof coverage and producing more than needed power, for Unit 2's typical energy use- offering the potential to extend renewable energy benefits to the future ADU (currently metered to Unit 2 only), full renovation of Unit 1R, and in Unit 2 a rebuilt second bedroom with new insulation, drywall, and electrical, closet reconfiguration in Bedroom #1, and a vented kitchen hood upgrade. Together, these improvements deliver structural peace of mind, modern efficiencies, and a unique opportunity for expanded living or rental income in one of Chicago's most desirable neighborhoods. Don't miss the chance to own a piece of history while enjoying modern comfort in vibrant Pilsen. Location highlights: Western Metra stop just a 3-minute walk. Western Pink Line station only 5 minutes away. Steps to neighborhood favorites, plus easy access to Costco, Pete's Fresh Market, and more.
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Asphalt
Zoning MULTI
Construction Materials Brick
Year Built 1885
Township West Chicago
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 15
Status Active
Directions Damen to 18th Place; West to Property.
City Chicago
High School District 299
MLS Area CHI - Lower West Side
Tax Annual Amount 8492
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement Unfinished Full
Total Bedrooms 7
Total Baths 3
Bedrooms Possible 7
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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ExteriorWater Source Lake Michigan
Total Parking 0
Foundation Details Brick/Mortar
Lot Dimensions 25 X 125
Waterfront Y/N N
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* Excluded FeaturesList ByCentury 21 UniversalBroker
ernestocamarillo007@hotmail.com; camarillohomeinspections@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,535
- Monthly Property Taxes
- $708
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $587,438
Percent of Sale Price 20%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/19/2026 | $736,500 | -0.05% | Price Down |
| 12/5/2025 | $736,900 | -0.27% | Price Down |
| 11/13/2025 | $738,900 | | Listed Price |