2149 West 18th Place

Chicago IL 60608

Multi-Family

Last sold for $700,000

Phillip Buoscio, last sold this property on 13 August 2026 after 56 days on market.

Overview

Legal updated brick/frame 4-unit in a strong Pilsen location, with an additional 5th garden-level space featuring a kitchenette and bath. The property also includes a 2-car garage, expandable attic storage, and three full levels of usable space. Excellent location between two Pink Line CTA stops, near a cul-de-sac block, school/park, Harrison Park, and the National Museum of Mexican Art just a few blocks east. Head east on 18th Street directly into Pilsen's restaurant scene, Thalia Hall, cafes, brunch spots, shops, and neighborhood amenities. Easy access to UIC, University Village, the Medical District, Roosevelt Collection, South Loop, downtown-adjacent neighborhoods, and the lakefront. 3 New Furnaces 2026, New Roof 2011, Water heaters mid-life. The residential units are currently occupied on term leases with average rents around $1,550/month. Layouts include 1-bedroom plus den / 1-bath units, plus a large on-grade garden-level studio space with 1 bath that is currently vacant and ready for the next owner's ideas. The 2-car garage is currently rented to two of the units. This is a solid armchair investment with existing income in place and clear upside. Units are in average rental condition, with some remaining TLC and light updates likely best completed during future turnovers. Continued improvements such as in-unit laundry, updated kitchens, and bath renovations may support higher rents over time. Common laundry is located at the rear of the garden level, along with electrical panels. Water heaters are located in both the garden level and attic. The building has 3 forced-air heating systems, a floor space heater in the garden level, and one wall-mounted space heater in Unit 1F. Four window A/C units are included with the property. Deep renter pool from Pilsen, UIC, University Village, the Medical District, and nearby downtown-adjacent neighborhoods. Lot size approximately 24.5' x 124'. A great opportunity for an investor seeking current income, location strength, and long-term value-add potential. Actual Rents now: 1F 1250 (garage space) until 8/1/26 , 1R 1400 until 10/1/26 , 2F 1400 9/1/26, 2R 1600 (garage space) until 8/15/27. Total actual rent is $5650. With Potential to be $7000 with a few basic moves.

Features

9 bedrooms

5 bathrooms

2 carspaces

2 garage spaces

Multi-Family

Estimated Value

Based on this property and similar 9 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 2149 West 18th Place is $755k.

Median value

$755k

Estimated value range

$310k - $1.1m

Median days on market

Estimated value trend

-13%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2149 West 18th Place

2026

Sold

$700,000

13 Aug 2026 by Phillip Buoscio, of Keller Williams ONEChicago

Happy sellers in Chicago

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