1527 W 18th Place Chicago IL 60608 MLS #MRD12599877

Located in the heart of Pilsen, this legal 4-unit property with a coach house and rare 2-car garage is a true find. Properties combining this scale, flexibility, and parking rarely come to market in this area. The owner’s unit is duplexed up and partially finished, offering the opportunity to complete it as a 3 bed / 2 bath. For buyers looking to maximize value from day one, a 203K construction financing could be an ideal tool to fund the finish-out and roll it into one loan. All units have separate utilities. The owner’s unit comes with in-unit laundry already in place, and the remaining units share a common laundry area. Rents are currently below market, giving the next owner a clear value-add play. Whether through lease adjustments, light updates, or completing the owner’s unit, the upside for increased cash flow and long-term appreciation is real and within reach. Steps from the CTA Pink Line at 18th Street for direct Loop access, with multiple bus routes on 18th and Ashland, and quick access to I-290, I-90/94, and I-55. Proximity to the UIC Medical District adds a built-in renter pool of medical professionals and students. Live in one unit and let the others pay your mortgage, or add a high-demand asset to your portfolio.