5-unit multifamily investment opportunity in Chicago's historic Pilsen neighborhood! The property features four 2BR/1BA units and an incredibly spacious, detached rear Coach House (3BR/1BA) - offering a high-demand mix with strong rental upside. Interiors feature updated finishes and classic wood flooring throughout. Units have central heat and shared laundry. Laundry is shared in the basement. Highly desired location just blocks from 18th Street's dining scene and a quick two-block walk to the Damen Pink Line station for an effortless downtown commute. Current revenue is 107K and market revenue is ~115k. Buy at a 10x GRM and stabilize at a 9.5x GRM or ~7 per cent Cap Rate

Listing Courtesy of MRED as distributed by MLS Grid of Lease312INC



Based on information submitted to the MLS GRID as of 2026-07-21 01:03 AM UTC. 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. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-07-21 01:03 AM UTC
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