# 16 E 118TH Place, Chicago, IL 60628 > **TL;DR:** 8bd/4ba residential multi family, $350,000. Est. $1,872/mo. Listed 77 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $350,000 | | Bedrooms | 8 | | Bathrooms | 4 full | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 77 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,770 | | Estimated Insurance | $102 | | **Total** | **$1,872** | ## Description ### Agent Description 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. ## Location - **Address:** 16 E 118TH Place, Chicago, IL 60628 - **County:** Cook - **Coordinates:** 41.679196, -87.621959 - **Google Maps:** https://www.google.com/maps?q=41.679196,-87.621959 ## Virtual Tour & Media - **Video Tour:** https://chicago-home-photos-1.aryeo.com/sites/emogxymg/unbranded ## Listing Agent - **Name:** Chandra Shealey - **Brokerage:** North Clybourn Group, Inc. - **Broker Phone:** (773) 252-0600 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/16-E-118th-Pl_Chicago_IL_60628_M80548-43325?f=listhub&s=MREDIL&m=12733362&c=propsimple) ## Photos ![16 E 118TH Place - Photo 1](http://lh.rdcpix.com/7fb468ce290287b250f947977bee90bal-f4186541404r.jpg) ![16 E 118TH Place - Photo 2](http://lh.rdcpix.com/7fb468ce290287b250f947977bee90bal-f1371976178r.jpg) ![16 E 118TH Place - Photo 3](http://lh.rdcpix.com/7fb468ce290287b250f947977bee90bal-f2604504911r.jpg) ![16 E 118TH Place - Photo 4](http://lh.rdcpix.com/7fb468ce290287b250f947977bee90bal-f1078428819r.jpg) ![16 E 118TH Place - Photo 5](http://lh.rdcpix.com/7fb468ce290287b250f947977bee90bal-f964169576r.jpg) ![16 E 118TH Place - Photo 6](http://lh.rdcpix.com/7fb468ce290287b250f947977bee90bal-f2841960170r.jpg) ![16 E 118TH Place - Photo 7](http://lh.rdcpix.com/7fb468ce290287b250f947977bee90bal-f3249736585r.jpg) ![16 E 118TH Place - Photo 8](http://lh.rdcpix.com/7fb468ce290287b250f947977bee90bal-f2408305718r.jpg) ![16 E 118TH Place - Photo 9](http://lh.rdcpix.com/7fb468ce290287b250f947977bee90bal-f3620763319r.jpg) ![16 E 118TH Place - Photo 10](http://lh.rdcpix.com/7fb468ce290287b250f947977bee90bal-f2642593948r.jpg) ![16 E 118TH Place - Photo 11](http://lh.rdcpix.com/7fb468ce290287b250f947977bee90bal-f3948176036r.jpg) ![16 E 118TH Place - Photo 12](http://lh.rdcpix.com/7fb468ce290287b250f947977bee90bal-f546474795r.jpg) ![16 E 118TH Place - Photo 13](http://lh.rdcpix.com/7fb468ce290287b250f947977bee90bal-f1456401549r.jpg) ![16 E 118TH Place - Photo 14](http://lh.rdcpix.com/7fb468ce290287b250f947977bee90bal-f1911904811r.jpg) ![16 E 118TH Place - Photo 15](http://lh.rdcpix.com/7fb468ce290287b250f947977bee90bal-f3606691550r.jpg) ![16 E 118TH Place - Photo 16](http://lh.rdcpix.com/7fb468ce290287b250f947977bee90bal-f2652756661r.jpg) --- **MLS#:** 12733362 | **Updated:** 2026-10-27 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/16-e-118th-place-chicago-il-60628-525940413349407cb92b4a2d547fbf6a) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/16-e-118th-place-chicago-il-60628-525940413349407cb92b4a2d547fbf6a#listing", "url": "https://www.propertysimple.ai/listing/16-e-118th-place-chicago-il-60628-525940413349407cb92b4a2d547fbf6a", "name": "16 E 118TH Place, Chicago, IL 60628", "description": "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. 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