2338 West 18th Place, Chicago, IL, 60608

About 2338 West 18th Place

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.

Additional Information: This property is located in the CHI - Lower West Side neighborhood, IL. This 7 bedrooms two to four units property is priced at $764,900.

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