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556 W 18th St
Chicago, IL 60616
Multifamily Property For Sale · 3 Units

Investment Highlights

  • Duplex PH Suite with Private Rooftop
  • 2020 Construction | High-End Buildout & Finishes
  • High Ceilings
  • Private Outdoor Balconies | On-site Parking
  • Spa-Inspired Baths with Rain Forest Showers

Executive Summary

556 W. 18th Street presents a rare opportunity to acquire a luxury, all-brick boutique apartment building. Built with exceptional craftsmanship and contemporary design, the property consists of three expansive residential units, each finished with high-end materials, oversized floor plans, soaring ceilings, hardwood flooring throughout, and walls of windows that fill every residence with natural light. Every unit features in-unit laundry, premium stainless steel appliances, designer kitchens, and upscale finishes, offering a true condominium-quality living experience.
The building is anchored by an exceptional duplex penthouse featuring three spacious bedrooms, two-and-a-half bathrooms, vaulted ceilings, an oversized chef's kitchen with premium KitchenAid stainless steel appliances, an additional family room, spa-quality primary bath with a freestanding soaking tub and oversized waterfall shower, generous closet space, and direct access to a spectacular private rooftop deck showcasing panoramic Chicago skyline views. The first-floor residence offers three bedrooms and three-and-a-half bathrooms with two expansive living areas, a custom wet bar, oversized chef's kitchen with upgraded finishes, and abundant natural light throughout. The second-floor residence features two bedrooms and two bathrooms with large walk-in closets, hardwood floors, high ceilings, granite countertops, a breakfast bar, premium stainless steel appliances, and elegant spa-inspired bathrooms with rainfall showers.
Designed to appeal to luxury renters or owner-occupants alike, 556 W. 18th Street combines sophisticated architecture, premium interior finishes, and outstanding outdoor living spaces in one of Chicago's fastest-growing neighborhoods.

Property Facts

Price Per Unit $597,975 CAD
Sale Type Investment
Cap Rate 5.83%
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.06 AC
Building Size 6,178 SF
Average Occupancy 100%
No. Stories 4
Year Built 2020
Parking Ratio 0.49/1,000 SF
Zoning B2-3

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+3 1 $5,065 CAD 2,480
2+2 1 $3,588 CAD 1,260
3+2.5 1 $4,924 CAD 2,460

Property Taxes

Property Taxes

Parcel Number
17-21-306-055-0000
Land Assessment
$12,494 CAD
Improvements Assessment
$102,880 CAD
Total Assessment
$115,374 CAD
  • Listing ID: 41299952

  • Date on Market: 2026-07-15

  • Last Updated:

  • Address: 556 W 18th St, Chicago, IL 60616

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