1527 W 18th Place
1527 W 18th Place
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1527 W 18th Place
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Listed by Dolores Raya with Coldwell Banker Realty (773) 732-0581
Active Under Contract

1527 W 18th Place

1527 W 18th Place, Chicago, IL 60608

$985,000
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.

8
beds

4
baths

Features & Amenities

Interior

  • total bedrooms8
  • Total bathrooms4

Area & Lot

  • Status Active Under Contract
  • MLS® ID12742505
  • TypeMulti-Family
  • YEAR BUILT1919
  • School District299

Exterior

  • Garage Space2.0
  • water SourceLake Michigan
  • parkingGarage Door Opener, Garage, Yes, Attached
  • HEAT TYPEGas, Forced Air
  • sewerPublic Sewer

Financial

  • Sales Price$985,000
  • Real Estate Tax $8,992/yr
  • Zoning MULTI
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