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Gut-Renovated Three-Unit Compound
For Sale
$1,199,000
Pending

1013 W 18th Place Chicago, Chicago, IL 60608

Three fully updated units with separate utilities and brand-new mechanicals, completed in 2023 for low-maintenance ownership.

Property SizeContact for details
Days on Market42

Property Features for 1013 W 18th Place Chicago

General Information

Standard status Pending
Property subtype Two to Four Units

Additional Details

Business Included Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $20,532

Amenities

Separate Shower,Double Sink,Soaking Tub
7
9
3
Lake Michigan,Public
(312) 563-0904
25X97
No
Ceiling Fan(s)
Concrete Perimeter,Stone,Other

Building Details

Year Built 1864
Year Renovated 2023
Tenancy Multi
Listing Agency:
Listed By: Luigui Corral · License #475185100
Source: Remaxadream
Added: Jul 9 Changed: Aug 8 Last Checked: Jul 23 at 3:07AM

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 Luigui Corral

Investment Insights

Based on property information with market context.

Gut-renovated in 2023, this three-unit compound is arranged with a front residence and a rear building, offering a flexible live-in-and-rent setup or straightforward rental income. The front unit lives like a single-family home with an open-concept 4BR/3BA layout anchored by a chef’s kitchen featuring quartz counters, a custom backsplash, and premium stainless appliances. The second level includes a tranquil primary suite with a deep soaking tub, plus two additional spacious bedrooms.

The rear building adds two turnkey rental units: a 3BR/3BA duplex-down and a 2BR/1BA flat. All units have separate utilities and brand-new individual mechanicals and appliances. The 2023 update includes a new roof, siding, windows, copper plumbing, and 200-amp electrical.

Located in the heart of Pilsen, the property is described as steps from the 18th Street corridor, near Thalia Hall, dining options, and the Pink Line.

Key Highlights

  • Three‑unit compound with 9 total bedrooms and 7 total baths
  • All units updated in 2023, including brand‑new roof, siding, windows, copper plumbing, and 200‑amp electrical
  • Separate utilities and brand‑new individual mechanicals and appliances for each unit

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

3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three fully updated units with separate utilities and brand-new mechanicals, completed in 2023 for low-maintenance ownership.
Where is this triplex located?
The property is located at 1013 W 18th Place Chicago 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: Three‑unit compound with 9 total bedrooms and 7 total baths; All units updated in 2023, including brand‑new roof, siding, windows, copper plumbing, and 200‑amp electrical; Separate utilities and brand‑new individual mechanicals and appliances for each unit
More about this property
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