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Kathryn (Kathy) Jensen

kjensen@chicagorea.com +1(773) 757-8864

$ 995,000

Est. payment | -/mo

6 Beds

4 Baths

Save

$ 995,000

Est. payment | -/mo

Save

6 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12599877

Bedrooms 6

Year Built 1919

Annual Tax Amount $14,808

Tax Year 2024

Lot Dimensions 25 X 124

Property Sub-Type Two to Four Units

Property Description

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.

Location

State IL

County Cook

Area Chi - Lower West Side

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Natural Gas, Forced Air

Equipment Ceiling Fan(s)

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Dolores Raya of Coldwell Banker Realty

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(773) 757-8864

kjensen@chicagorea.com

1941 N Elston Ave, Chicago, IL, 60642, USA

1527 W 18th PL Chicago, IL 60608