West Pullman Four-Unit Brick
16 E 118TH Place, Chicago, IL 60628
MULTI_FAMILY - Chicago, IL
- Added:
- Feb 25, 2026
- Days on Market:
- 86
- Last Refresh:
- May 22 at 9:06 am
Property Features for 16 E 118TH Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MULTI
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 5, Bedroom 1, Bedroom 8, Bathroom 1, Bedroom 2, Bathroom 4, Bedroom 7, Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 2
- Basement
- Crawl Space
- Standard status
- Pending
- APN
- 25223180170000
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2659
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Water source
- Public
Building Details
- Building materials
- Brick
Listing agent Chandra Shealey (773) 252-0600
Listing office North Clybourn Group, Inc. 2324 W North Ave, Chicago, IL (773) 252-0600
Listing date Feb 25, 2026
MLS# 12572951
Listing URL
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
- Fully renovated in 2023: All four units feature modern two‑bedroom, one‑bath layouts with white shaker cabinets, quartz counters, and new appliances.
- High Income Potential: Currently generating $3,400 monthly gross income from three units, with potential to increase rents to $1,400-$1,550 per unit.
- Solid Investment: The property delivers a 10 cap rate when fully rented.
- Owner‑Occupant Opportunity: One vacant unit allows for immediate move‑in, offsetting costs with rental income.
- Low‑Maintenance Income: On‑site coin laundry provides steady extra income.
- Prime Location: West Pullman offers affordability and upside with Metra access, nearby parks, and new commercial developments.
Overview
This well-kept four-unit brick building is located in West Pullman. All units were fully renovated in 2023 and feature modern two-bedroom, one-bath layouts with white shaker cabinets, quartz counters, and new appliances. Three units are currently rented for a combined $3,400 monthly gross income, with tenants responsible for heat, electric, and gas. The fourth unit is vacant. On-site coin laundry provides additional income. The property is located near Metra access and parks. A Hampton by Hilton hotel is planned for the area, joining local anchors such as Chik-Fil-A, Gotham Greens, Method, and Amazon.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.621959
- Latitude
- 41.679196
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Renovated four-unit building in West Pullman with income potential.
Where is this quadplex located?
The property is located at 16 E 118TH Place Chicago, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Fully renovated in 2023: All four units feature modern two‑bedroom, one‑bath layouts with white shaker cabinets, quartz counters, and new appliances.; High Income Potential: Currently generating $3,400 monthly gross income from three units, with potential to increase rents to $1,400-$1,550 per unit.; Solid Investment: The property delivers a 10 cap rate when fully rented.
