$985,000
 $5,288 est/mo Sourced by Back At You

1527 W 18th Place,Chicago, IL 60608

Chicago, IL 60608

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Description

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.

Details

MLS #12742505
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1919
Days On Site11
Listing Provided ByColdwell Banker Realty | Dolores Raya

Features

Bed(s)8
Bath(s)4
Garage2
BasementY
ZoningMULTI

Interior

Rooms Total17
HeatingNatural Gas, Forced Air

Exterior

Construction MaterialsBrick
Patio And Porch FeaturesDeck

Parking

Parking FeaturesGarage Door Opener, Garage, Yes, Attached
Garage Spaces2

Utilities

SewerPublic Sewer

Taxes

Tax Year2025
Tax Annual Amount8991.95

Area Information

StateIL
CountyCook
CityChicago
Zip Code60608
AreaCHI Lower West Side
Listing VS Median (in 60608)
Price:
$985,000
low | high
Med:
$337,500
100% of Average
On site:
11
low | high
Med:
61
18.032786885246% of Average
Sourced by Back At You

Market Activity 60608

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60608
AreaCHI Lower West Side
Listing VS Median (in 60608)
Price:
$985,000
low | high
Med:
$337,500
100% of Average
On site:
11
low | high
Med:
61
18.032786885246% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $738K - $1.231M
sqft: 0 - 0
Listing Updated: September 2, 2026 at 12:26:27 PM PDT
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