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Two to Four Units · Chicago, IL
$350,000
8 beds · 4 baths
16 E 118TH Place, Chicago, IL, 60628
A brick-and-mortar place to make your own — room to make it home.
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What’s special

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.
— the listing agent’s description

The home

8 beds
4 baths
Lot 25 X 125
Two to Four Units

What it’ll cost

$2,659 taxes / yr
No HOA
3 days on dwello

Estimated monthly payment

$2,185/mo
Principal & interest$1,861
Property taxes$222
Homeowners insurance$102
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On our team, vettedYour info is never soldWith you through closing

Tour this home

In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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3 days on dwello
Price history
Listed for sale
Aug 14, 2026
$350,000
Earlier records
Listed
Jun 12, 2026
$350,000
Listed
Feb 25, 2026
$350,000
From MLS records — independently verify.
Property taxes
2025
Annual tax bill (MLS)
$2,659/yr
Assessed value
2025
County assessor
$13,200~$132,000 mkt
2024
$13,200~$132,000 mkt
2023
$6,001~$60,010 mkt
2022
$6,001~$60,010 mkt
2021
$6,001~$60,010 mkt
2020
$10,227~$102,270 mkt
2019
$11,756~$117,560 mkt
2018
$11,756~$117,560 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

ElectricBrickPublic Sewer
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Chandra Shealey · North Clybourn Group, Inc.
Listing last updated Aug 16, 2026 · data refreshed from the MLS Aug 16, 2026, 9:01 AM CT
Based on information submitted to the MLS GRID as of Aug 16, 2026, 9:01 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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