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16 E 118TH Place
Chicago IL 60628 US

$350,000

Active Listing ID 12572951
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8 bed
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4.00 Bath (4 Full)
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Other

$350,000

Active Listing ID 12572951
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16 E 118TH Place 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 offset 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.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Heating Fuels: Electric (Heating)
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 350000
  • unparsedaddress: 16 E 118TH Place
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60628
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.679196
  • longitude: -87.621959
  • listagentfullname: Chandra Shealey
  • listagentemail: chandra@ncgchicago.com
  • listagentkey: 3yd-MREDIL-128522
  • listagentmlsid: 128522
  • listagentpreferredphone: (773) 252-0600
  • listagentofficephone: 7732520600
  • listofficekey: 3yd-MREDIL-12604
  • listofficemlsid: 12604
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • listingcontractdate: 2026-02-25
  • listagentfax: 3122792977
  • listagenturl: http://www.ncgchicago.com
  • countyorparish: Cook
  • parcelnumber: 25223180170000
  • elementaryschooldistrict: 299
  • middleorjuniorschooldistrict: 299
  • highschooldistrict: 299
  • constructionmaterials: Brick
  • heating: Electric (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 6, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 5, Bedroom 8, Bathroom 3, Bedroom 2, Bedroom 7
  • basement: Crawl Space
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.621956, 41.679195
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"North Clybourn Group, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"chandra@ncgchicago.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"ca@ncgchicago.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"North Clybourn Group, Inc.", "ListBrokeragePhone":"(773) 252-0600", "ListBrokeragePostalCode":"60647", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2324 W North Ave.", "ListBrokerageWebsiteUrl":"http://www.ncgchicago.com", "ListOfficeAddress1":"2324 W North Ave ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"12604", "ListOfficeCity":"Chicago", "ListOfficeCountry":"USA", "ListOfficeEmail":"ca@ncgchicago.com", "ListOfficePostalCode":"60647", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Chicago, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/16-E-118th-Pl_Chicago_IL_60628_M80548-43325?f=listhub&s=MREDIL&m=12572951&c=rexren", "MLSModificationTimestamp":"2026-02-26 08:54:01", "Neighborhoods":[{"Description":null, "Name":"CHI - West Pullman"}], "PostalCode":null, "RoomCount":16, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2659, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/26/2026 8:56:15 AM GMT
Source Updated Date: 2/26/2026 12:48:25 PM GMT

Courtesy of: Chandra Shealey, North Clybourn Group, Inc., chandra@ncgchicago.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.