1527 W 18th Place, Chicago, IL, 60608

$985,000

8

Beds

About 1527 W 18th Place

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.

Additional Information: This property is located in the CHI - Lower West Side neighborhood, IL. This 8 bedrooms two to four units property is priced at $985,000.

Facts & Features

MLS® # 12742505
Price $985,000
Bedrooms 8
Bathrooms 0.00
Taxes $8,992
Year Built 1919
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 1527 W 18th Place
Area CHI - Lower West Side
City Chicago
County Cook
State IL
Zip Code 60608

Amenities

Parking Spaces 2
Parking Garage Door Opener, Garage, Yes, Attached
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air
Fireplace No
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Brick

School Information

District 299

Additional Information

Days on Market 9
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $8,992

Listing Details

OfficeColdwell Banker Realty

Listing Map

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