Brick 5-Unit Multifamily
For Sale
Contact for pricing
Pending
2149 W 18TH Place, Chicago, IL 60608
Brick 5-unit property with a garage and a vacant garden-level studio, supported by updated major systems.
Property SizeContact for details
Days on Market68
Property Features for 2149 W 18TH Place
General Information
Standard status
Pending
Total Parking Spaces
2
Property subtype
Multifamily
Additional Details
Multifamily Units
5
Building Details
Stories
3
Listing Agency:
Keller Williams ONE Chicago
Listed By:
Phil Buoscio · License #47 I 1.004200
Source:
Crexi
Added: Jun 15
Changed: Aug 8
Last Checked: Jul 24 at 2:26PM
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 Keller Williams ONE Chicago
Investment Insights
Based on property information with market context.
This brick-and-frame multifamily building is configured as a legal 4-unit structure with an additional fifth garden-level space featuring a kitchenette and bath. The property provides three full levels of usable space, along with expandable attic storage and a rented 2-car garage. Heating is supported by three forced-air systems, with additional heat serving the garden level and one wall-mounted space heater in Unit 1F. Four window A/C units are included. Recent and ongoing building improvements include three new furnaces scheduled for 2026, a new roof installed in 2011, and water heaters described as mid-life, located in both the garden level and the attic. Units are currently in average rental condition, with some remaining TLC and light updates likely best handled during future turnovers. Common laundry is located at the rear of the garden level near the electrical panels.
The building is located in Pilsen, between two Pink Line CTA stops, on a cul-de-sac block near a school/park. It is also a few blocks east of Harrison Park and the National Museum of Mexican Art, with straightforward access to UIC, University Village, the Medical District, Roosevelt Collection, South Loop, downtown-adjacent neighborhoods, and the lakefront.
Tenant-ready income is in place via existing term leases, with current actual rents listed for several units through 2026–2027. Current layouts include 1-bedroom plus den/1-bath units and a large on-grade garden-level studio with 1 bath, which is currently vacant and ready for the next owner’s finishing approach. The vacant unit and turnover-driven updates, including potential in-unit laundry and refreshed kitchens and baths, offer a practical path to improve the property’s rent profile over time.
The building is located in Pilsen, between two Pink Line CTA stops, on a cul-de-sac block near a school/park. It is also a few blocks east of Harrison Park and the National Museum of Mexican Art, with straightforward access to UIC, University Village, the Medical District, Roosevelt Collection, South Loop, downtown-adjacent neighborhoods, and the lakefront.
Tenant-ready income is in place via existing term leases, with current actual rents listed for several units through 2026–2027. Current layouts include 1-bedroom plus den/1-bath units and a large on-grade garden-level studio with 1 bath, which is currently vacant and ready for the next owner’s finishing approach. The vacant unit and turnover-driven updates, including potential in-unit laundry and refreshed kitchens and baths, offer a practical path to improve the property’s rent profile over time.
Key Highlights
- Brick 4‑unit plus an additional 5th garden‑level space with kitchenette and bath
- 2‑car garage (rented to two units) and expandable attic storage
- Updated major systems: new roof (2011) and 3 new furnaces (2026); water heaters mid‑life
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,447
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Brick 5-unit property with a garage and a vacant garden-level studio, supported by updated major systems.
Where is this apartment building located?
The property is located at 2149 W 18TH Place Chicago, IL.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Brick 4‑unit plus an additional 5th garden‑level space with kitchenette and bath; 2‑car garage (rented to two units) and expandable attic storage; Updated major systems: new roof (2011) and 3 new furnaces (2026); water heaters mid‑life
