2148 W 18th Street, Chicago, IL 60608
- Added:
- Jun 30, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 5 at 11:06 pm
Property Features for 2148 W 18th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 11
- Bathrooms
- 8
- Rooms
- Bedroom 4, Bathroom 4, Bathroom 7, Bathroom 1, Bedroom 1, Bathroom 6, Bedroom 5, Bedroom 6, Bedroom 8, Bedroom 10, Bedroom 2, Bathroom 2, Bedroom 11, Basement, Bathroom 8, Bathroom 3, Bathroom 5, Bedroom 7, Bedroom 9, Bedroom 3
- Parking
- 2
- Basement
- Full, Finished
- Standard status
- Active
- APN
- 17193000120000
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 12318
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
Building Details
- Year built
- 1888
- Building materials
- Brick
Listing agent Kyle Olszewski (312) 939-5253
Listing office Kale Realty 3323 W. Diversey Ave., Chicago, IL (312) 939-5253
Listing date Jun 30, 2026
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 4‑unit building at 2148 W 18th St, Chicago (2148 W 18th St, Chicago, IL 60608)
- Approx. 5,191 SF multi‑family home built in 1888 with brick construction
- Unit mix: three 3 bed/2 bath duplex units and one 2 bed/2 bath unit
- 11 bedrooms and 8 bathrooms across the building
- All units are rented; no vacancy reported in 10 years
- Natural gas heating and public sewer
Overview
The property is located at 2148 W 18th Street in Chicago, IL 60608. The surrounding area is described as a lively 18th Street corridor with nearby restaurants, parks, and an art center. Transit access is noted with the CTA Pink Line within a short walk. The listing also positions the building near Ashland Costco as well as the UIC and Rush medical districts and hospitals.
For tenants or operators seeking a duplex-style income property, this building provides a mix of 3-bedroom and 2-bedroom units designed for households that want additional interior space within each residence. With all units already in place and marketed as occupied on a long-term basis, the property may appeal to buyers looking for a managed, turn-key setup supported by the area’s healthcare and transit access.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $130.8k | $25.20 |
| − Vacancy | −$7.2k | −$1.39 |
| EGI | $123.6k | $23.81 |
| − OpEx | −$37.1k | −$7.14 |
| NOI | $86.5k | $16.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.680382
- Latitude
- 41.857838
