Active

$350,000

16 118TH Place, Chicago, IL 60628
8 Beds4 Baths7 days
16 118TH Place·Chicago, IL 60628
8Bedrooms
4Bathrooms
About This Home

This well-kept four-unit brick turnkey performer in West Pullman offers fresh appeal for both owner-occupants and investors. All units received full renovations in 2023, delivering modern two-bedroom, one-bath layouts with white shaker cabinets, quartz counters, and all new appliances. Three units currently rent for a combined $3,400 monthly gross income, with tenants handling heat, electric, and gas. The fourth unit remains vacant, ideal for an owner-occupant to move in and ofset costs with rental income from the others, or to lease for stronger cash flow. The setup fully rented delivers a solid 10 cap rate on today's numbers, and with local two-bedroom rents averaging around $1,400-$1,550 recently, there's clear potential to increase as leases renew. On-site coin laundry provides steady extra income with minimal effort. With Metra access, nearby parks and the upcoming addition of a Hampton by Hilton hotel to local anchors, Chik-Fil-A, Gotham Greens, Method, Amazon and other national chains, West Pullman offers a mix of affordability and upside with ongoing interest and rising values.

MLS# 12676380Listed June 12, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms4
Total Rooms16

Size & Structure

Lot Size25 X 125

Location

CountyCook
TownshipSouth Chicago
Zip Code60628

Financial

List Price$350,000
Annual Taxes (2024)$2,659
Monthly Tax Est.$222
Parcel #25223180170000
Interior Features

Heating

Electric

Basement

Crawl Space
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public
Tax & Financial
Annual Taxes
$2,659
Tax Year 2024
Monthly Tax Est.
$222
per month
Property Location

16 118TH Place, Chicago, IL 60628Cook County

$350,000
16 118TH Place
8 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
7 days on market
25 X 125
$2,659/yr taxes
$2,061
estimated monthly payment
Principal & Interest
$1,839/mo
Property Tax
$222/mo
$350,000
20% — $70,000
3%50%
6.875%
3%12%
Loan Amount
$280,000
Down Payment
$70,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
North Clybourn Group, Inc.
Agent: Chandra Shealey
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Chicago and across the North Shore.

Also popular on the North Shore

REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.