2224-26 W 18th Pl., Chicago, IL 60608

Listing office Millennium Properties R/E b***@mpirealestate.com Show Phone

Listing date Jun 17, 2026

Source Crexi

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Overview

This fully leased 12,900-square-foot multifamily property includes a 12-unit apartment building plus a four-unit coach house. The unit mix totals thirteen 2-bedroom apartments and three 1-bedroom units. Interiors feature hardwood floors throughout, and each unit is individually metered for utilities, supporting tenant-level utility responsibility and straightforward building management.

Located on the lower west side of Chicago near public transportation routes, the property is close to the Western Pink Line stop. The commercial corner at Cermak and Western is noted as offering nearby neighborhood amenities, including grocery stores and restaurants, giving residents convenient access to everyday services.

As an investment offering, the property is positioned for buyers seeking a stabilized, income-producing asset with existing tenancy already in place. The combination of a main apartment building and an attached coach-house style configuration provides a clear operating layout, while the individual utility metering can help simplify monthly billing. Reported net income is estimated at $120,000, supporting underwriting for prospective owners who want to evaluate current performance alongside the existing 16-unit occupancy structure.

Suggested Use

Nursing Home Nursing Home Carpet & Flooring Store Coworking & Hybrid Office (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant Restaurant Tanning Salon Restaurant

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Chicago

County

Cook

State

Illinois

Longitude

-87.6819297

Latitude

41.8568392

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FAQs

What type of property is this?

Apartment building - Fully leased 16-unit multifamily with a coach house, hardwood floors, and individually metered utilities.

Where is this apartment building located?

The property is located at 2224-26 W 18th Pl. Chicago, IL.

What are key features of this property?

This property features: 12,900 SF multifamily with 16 units total (12‑unit apartment building plus four unit coach house); Fully leased property with 13 two‑bedroom apartments and three one‑bedroom units; Each unit has hardwood floors and is individually metered for utilities