Accepting Backups
1527 18th Place
Chicago, IL 60608
$995,000
6beds
4baths
—sqft
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About this home
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.
MLS Description — as provided by the listing brokerage.
The facts
Property typeResidential Income
Year built1919
Garage spaces2
Lot size—
Annual tax$14,808
CountyCook
MLS #MRD12599877
Days on market24
Features
Heating
Natural GasForced Air
Parking
Garage Door OpenerGarageYesAttached
Construction
Brick
Sewer
Public Sewer
Listed by
Coldwell Banker Realty
Dolores Raya · 773-732-0581
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/19/2026, 4:14:02 AM. All data should be independently verified.
This home is under contract but the seller is accepting backup offers. Contact a dwello agent to submit.
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