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2023 Gut-Renovated Triplex
For Sale
Under Contract
$1,199,000

1013 W 18th Place, Chicago, IL 60608

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market155

Property Features for 1013 W 18th Place

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 7
Full bathrooms 7
Rooms Bathroom 7, Bedroom 7, Bathroom 2, Bedroom 3, Bedroom 8, Bathroom 1, Bathroom 5, Bedroom 4, Bedroom 5, Bathroom 4, Bathroom 6, Bedroom 9, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 2
Elementary school district 299
Middle school district 299
High school district 299
Directions Morgan to 18th Place, West to Property
Subdivision CHI - Lower West Side
Standard status Active Under Contract
APN 17204110130000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 20533

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1864
Building materials Aluminum Siding
Roof type Asphalt
Listing Agency: RE/MAX Mi Casa · RE/MAX International
Listed By: Salvador Gonzalez · License #IL475122447
Added: Mar 20 Changed: Aug 20 Last Checked: Aug 21 at 12:06PM
MLS# 12597402

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.

Investment Insights

Based on property information with market context.

This three-unit triplex compound was gut-renovated in 2023 and designed for low-maintenance ownership. It includes a front residence that functions as a larger home and two rear units for rental income, for a total of three units. The property features separate utilities for each unit, along with brand-new individual mechanicals and appliances. Updates completed in 2023 include a new roof, new siding, new windows, copper plumbing, and 200-amp electrical, supporting long-term operational efficiency. Heating is provided by forced air systems using natural gas, and the home is served by public water and public sewer.

The property is located in the heart of Pilsen near the 18th Street corridor. Nearby destinations mentioned include Thalia Hall and the Pink Line.

For occupants seeking a house-hack configuration, the front residence offers substantial living space while the rear units provide additional rental options within the same renovated compound.

Key Highlights

  • Gut‑renovated in 2023 with new roof, siding, and windows
  • Separate utilities for all units, plus brand‑new individual mechanicals and appliances
  • 200‑amp electrical and copper plumbing updated in 2023

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Carpet & Flooring Store Nursing Home (Bike/Boat/Book/etc) Store Bed & Breakfast Clothing & Fashion Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,607
Businesses Nearby

Demographics for 60608, IL

75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit triplex updated in 2023 with separate utilities, forced-air natural gas heat, and a new roof and windows.
Where is this triplex located?
The property is located at 1013 W 18th Place Chicago, IL.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Gut‑renovated in 2023 with new roof, siding, and windows; Separate utilities for all units, plus brand‑new individual mechanicals and appliances; 200‑amp electrical and copper plumbing updated in 2023
More about this property
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