1527 W 18th Place, Chicago IL 60608
Property 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.
Features & Information
Key Details
- List Price $985,000
- Property Taxes $8,992
- Year Built 1919
- Status Active
- List Market Time 9
Units
-
Unit 1
- Floor 1
- Rooms 4
- Beds 2
- Baths 1
- Appliances Stove, Refrigerator
- Rent $1,850/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 8/27
-
Unit 2
- Floor 2
- Rooms 4
- Beds 2
- Baths 1
- Appliances Stove, Refrigerator
- Rent $2,000/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 8/27
-
Unit 3
- Floor 3
- Rooms 6
- Beds 3
- Baths 1
- Appliances Stove, Refrigerator, Washer, Dryer, Dishwasher
- Tenant Pays Electric,Gas,Heat
- Lease Expires 0
-
Unit 4
- Floor 4
- Rooms 3
- Beds 1
- Baths 1
- Appliances Stove, Refrigerator
- Rent $1,500/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 8/27
Exterior Features
-
Parking
- # of Cars: 2
Building Information
- Number of Units 4
- Age of Building 100+ Years
Location
- County Cook
- Township West Chicago
- Corporate Limits Chicago
- Directions to Property Ashland Ave, South Of 18th St., Then East On 18th Pl
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 8991.95
- Tax Year 2025
- Tax Exemptions Homeowner
- Parcel Identification Number 17203090140000
Listed by Dolores Raya for Coldwell Banker Realty | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/23/2026 10:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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