1527 W 18th Place Chicago, IL $ 995,000
1527 W 18th Place
$ 995,000
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1527 W 18th Place

Chicago, IL, 60608
$ 995,000
Bedrooms6 Baths4.0

Monthly Estimate*

$ 6,126

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Multi-Family Home for sale in Chicago, IL

for $995,000 with 6 bedrooms and 4 full baths. This home was built in 1919.

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.

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Multi-Family Contingent

Price

$ 995,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 14,808

Style

Year Built

1919

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12599877

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Year Built 1919
Township West Chicago
Tax Year 2024
Ownership Fee Simple
Gross Income 55200
County Cook
Net Operating Income 35432
Insurance Expense 1888
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 17
Status Contingent
Directions Ashland Ave South of 18th St. then East on 18th Pl
City Chicago
High School District 299
MLS Area CHI - Lower West Side
Tax Annual Amount 14808
Electric Expense 1128
Fuel Expense 634
Water Sewer Expense 1313
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full
Total Bedrooms 6
Total Baths 4
Bedrooms Possible 6
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Garage Door Opener Garage Yes Attached
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 25 X 124
Waterfront Y/N N
Other Equipment Ceiling Fan(s)
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* Excluded Features
List By
Coldwell Banker Realty

Broker

dolores.raya@cbrealty.com

Email

Affordability Calculator

$7,360
Per Month
83%
17%
0%
Monthly Principal & Interest
$6,126
Monthly Property Taxes
$1,234
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.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2026$995,000 Listed Price

Map


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1527 W 18th Place, Chicago, IL, 60608 is a Multi-Family Home for sale at $995,000. 1527 W 18th Place has 6 bedrooms, 4.0 baths, and was built in 1919. The property's zip code is 60608 which is in Chicago, IL