1527 W 18th Place
Chicago, IL, 60608
$985,000
8 Beds
4 Baths
0 SqFt
0 Acres
Add
MLS #MRD12742505 image #0
NEW & IMPROVED in the heart of Pilsen! This legal 4-unit property which includes a coach house and 2-car garage is back on the market with meaningful improvements, refreshed units, improved pricing, and an even stronger overall package for both owner-occupants and investors. Since its previous offering, the property has benefited from additional improvements including tuckpointing, unit refreshes, and an updated owner’s duplex that now offers 3 bedrooms and 1 bath creating an even more attractive live-in opportunity. Another significant improvement: the property taxes now reflect the Homeowner Exemption, reducing the tax bill from approximately $14,000 to under $9,000. All units feature separate utilities, with in-unit laundry in the owner’s duplex and a common laundry area serving the remaining units. The combination of multiple units, a coach house, and a rare 2-car garage provides tremendous flexibility for an owner-occupant looking to offset housing costs or an investor seeking a well-located multifamily asset. Conveniently located near the CTA Pink Line at 18th Street with direct access to the Loop, multiple bus routes along 18th and Ashland, and easy connections to I-290, I-90/94, and I-55. Proximity to the UIC Medical District, along with Pilsen’s restaurants, shops, arts, and neighborhood amenities, adds to the property’s long-term appeal.

Property Details

Price:
$985,000
MLS #:
MRD12742505
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
chilowerwestside
Listed Date:
Aug 25, 2026
Year Built:
1919
Chi – Lower West SideChilowerwestside

Ask a Question

See this Listing

Send
  

Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air

Exterior

Construction Materials
Brick
Garage Spaces
2
Parking Features
Garage Door Opener, Garage, Yes, Attached
Parking Spots
2
Parking Total
2
Patio And Porch Features
Deck

Financial

Net Operating Income
$52,645
Tax Year
2025
Taxes
$8,992

Map

Community

Market Summary

Current real estate data for Multi Family in Chicago as of Oct 04, 2026
1,410
Multi Family Listed
77
Avg DOM
$528,924
Avg List Price

Property Summary

    1527 W 18th Place Chicago IL is a Multi Family for sale in Chicago, IL, 60608. It is listed for $985,000

Similar Listings Nearby

broker reciprocity
MLS# MRD12762019broker reciprocity
4130 S calumet Avenue
Chicago, IL

$1,225,000

3.5 miles away

broker reciprocity
MLS# MRD12603566broker reciprocity
1908 S Loomis Street
Chicago, IL

$1,200,000

0.2 miles away

broker reciprocity
MLS# MRD12644332broker reciprocity
1542 W Thomas Street
Chicago, IL

$1,200,000

3.1 miles away

broker reciprocity
MLS# MRD12688343broker reciprocity
2040 W Charleston Street
Chicago, IL

$1,200,000

4.5 miles away

broker reciprocity
MLS# MRD12748261broker reciprocity
2428 N Rockwell Street
Chicago, IL

$1,200,000

5.0 miles away

broker reciprocity
MLS# MRD12770130broker reciprocity
4623 S Prairie Avenue
Chicago, IL

$1,200,000

4.0 miles away

broker reciprocity
MLS# MRD12728454broker reciprocity
326 W Concord Place
Chicago, IL

$1,200,000

4.1 miles away

broker reciprocity
MLS# MRD12749625broker reciprocity
1812 W Erie Street
Chicago, IL

$1,199,999

2.6 miles away

broker reciprocity
MLS# MRD12752232broker reciprocity
2821 W Walnut Street
Chicago, IL

$1,199,999

2.6 miles away

broker reciprocity
MLS# MRD12768124broker reciprocity
4217 S Indiana Avenue
Chicago, IL

$1,199,999

3.5 miles away

1527 W 18th Place
Chicago, IL