Estimated payment $4,880/month
Highlights
- Deck
- Workshop
- Entrance Foyer
- First Floor Utility Room
- Porch
- 4-minute walk to Reyes (Guadalupe) Park
About This Home
Solid brick 3-flat in the Far East Pilsen Arts District on 18th Street near the heart of Pilsen's restaurants, cafes, and nightlife. The location is adjacent to University Village and the UIC campus. There are 4 levels here. The 2nd, 3rd, and 4th floor residential units have been updated to average rental quality and are fully occupied with term leases in place. The top-floor unit is a 3-bedroom, while the other two units are each 2-bedroom, 1-bath layouts. The garden level is finished and includes a kitchenette and bath, creating income potential. The property also features a newer 2-car parking pad, forced-air heat in each of the 3 residential units, 3 electric meters, 3 gas meters, and common laundry in the rear garden level. Rear decks offer impressive city and UIC views. Located on commercially zoned land (C zoning), this property offers both current income and future upside. The location provides access to a deep renter pool, with University Village, UIC, the Illinois Medical District, Halsted Metra, and the Roosevelt Corridor all nearby. Continued unit improvements such as added laundry, updated kitchens, and bath renovations could support significantly higher rents over time. Head west on 18th and you roll straight into the heart of Pilsen's restaurants, cafes, and nightlife.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,338
Year Renovated
- 2014
Lot Details
- Lot Dimensions are 22 x 108
Home Design
- Brick Exterior Construction
- Brick Foundation
- Block Foundation
- Concrete Perimeter Foundation
Interior Spaces
- Entrance Foyer
- Workshop
- First Floor Utility Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 4 Bathrooms
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Parking Spaces
- Parking Available
- Off-Street Parking
- Off Alley Parking
- Parking Included in Price
Outdoor Features
- Deck
- Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 3 Units
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,338 | $63,316 | $8,791 | $54,525 |
| 2024 | $13,338 | $92,279 | $8,791 | $83,488 |
| 2023 | $13,002 | $63,215 | $7,128 | $56,087 |
| 2022 | $13,002 | $63,215 | $7,128 | $56,087 |
| 2021 | $16,773 | $83,408 | $7,128 | $76,280 |
| 2020 | $6,806 | $30,550 | $5,583 | $24,967 |
| 2019 | $7,055 | $35,117 | $5,583 | $29,534 |
| 2018 | $6,937 | $35,117 | $5,583 | $29,534 |
| 2017 | $6,383 | $29,649 | $4,870 | $24,779 |
| 2016 | $5,938 | $29,649 | $4,870 | $24,779 |
| 2015 | $5,433 | $29,649 | $4,870 | $24,779 |
| 2014 | $5,035 | $29,706 | $4,276 | $25,430 |
| 2013 | $6,156 | $36,475 | $4,276 | $32,199 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/09/2026 04/09/26 | For Sale | $699,900 | +109.6% | -- | |
| 07/29/2014 07/29/14 | Sold | $334,000 | -14.3% | -- | View Prior Sale |
| 06/06/2014 06/06/14 | Pending | -- | -- | -- | |
| 06/02/2014 06/02/14 | For Sale | $389,900 | +48.5% | -- | |
| 05/06/2014 05/06/14 | Sold | $262,500 | -12.2% | -- | View Prior Sale |
| 04/08/2014 04/08/14 | Pending | -- | -- | -- | |
| 04/08/2014 04/08/14 | Price Changed | $299,000 | +13.9% | -- | |
| 04/07/2014 04/07/14 | Off Market | $262,500 | -- | -- | |
| 03/19/2014 03/19/14 | Pending | -- | -- | -- | |
| 03/19/2014 03/19/14 | Price Changed | $300,000 | +14.3% | -- | |
| 02/13/2014 02/13/14 | Off Market | $262,500 | -- | -- | |
| 02/12/2014 02/12/14 | For Sale | $300,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12609775
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Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.