Three-Unit Residential Income
For Sale
$295,000
Pending
12018 South Bishop Street, Chicago, IL 60643
Two-unit frame building with an attached coach house, providing three separate 1-bedroom, 1-bath units with private entrances.
Property SizeContact for details
Days on Market53
Property Features for 12018 South Bishop Street
General Information
Standard status
Pending
Total Parking Spaces
2
Property subtype
Two to Four Units / 2 Flat
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$1,798
Building Details
Year Built
1913
Listing Agency:
Kale Realty
(312) 939-5253
Listed By:
Melissa Broadway · License #475198397
(312) 939-5253
Source:
Compass
Added: Jul 6
Changed: Aug 7
Last Checked: Aug 6 at 9:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kale Realty
Investment Insights
Based on property information with market context.
This two-unit frame apartment building includes an attached coach house, for a total of three separate residential units. Each unit is configured with 1 bedroom and 1 bath and has its own private entrance and exit for tenant privacy and convenience. The property also includes a walkout basement that presents potential for conversion to an additional legal unit, subject to the buyer’s due diligence.
The building is being offered for sale and is described as needing some TLC. The overall layout supports both rental income and multi-generational living with separate unit access, and the walkout basement adds flexibility for a buyer looking to reconfigure the space.
All three units are currently set up as 1-bedroom, 1-bath homes, and the seller notes the basement as a key area for possible expansion into a fourth legal unit.
The building is being offered for sale and is described as needing some TLC. The overall layout supports both rental income and multi-generational living with separate unit access, and the walkout basement adds flexibility for a buyer looking to reconfigure the space.
All three units are currently set up as 1-bedroom, 1-bath homes, and the seller notes the basement as a key area for possible expansion into a fourth legal unit.
Key Highlights
- Built in 1913: two‑unit frame apartment building with an attached coach house
- Total of 3 separate units: each offers 1 bedroom and 1 bath
- Each unit has its own private entrance and exit for tenant privacy and convenience
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
424
Businesses Nearby
Explore this area
Business Placement
Demographics for 60643, IL
47,831
Population
19,541
Households
2.4
Avg Household Size
44
Median Age
39%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
6,464
Density / Sq Mi
$83,015
Median Household Income
$53,155
Median Earnings
$1,359
Median Rent
$233,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Two-unit frame building with an attached coach house, providing three separate 1-bedroom, 1-bath units with private entrances.
Where is this triplex located?
The property is located at 12018 South Bishop Street Chicago, IL.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Built in 1913: two‑unit frame apartment building with an attached coach house; Total of 3 separate units: each offers 1 bedroom and 1 bath; Each unit has its own private entrance and exit for tenant privacy and convenience
