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$1,395,000
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Property Description
Fantastic 7-unit multifamily investment opportunity in Chicago's historic Pilsen neighborhood! This turnkey building features an ideal high-demand unit mix: two 1BR/1BA, four 2BR/1BA, and one 3BR/1BA. Units boast modern finishes and LVP flooring throughout. High demand 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. Units feature central heat and window AC (except for the former storefront unit, 1F, which has central heat and AC). Building has shared laundry in the basement of the neighboring property at 1801 W 21st. Buy as a package or individually. Current rents are well below market and both units CH1 and 3F were recently vacated. Price reflects a 10x GRM on market rents.
Full Property Details
Full Property Details for 1759 W 21st St
General
- Price: $1,395,000
- HOA FEE: $1,500
- Taxes: $16,813 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12697616
- Updated: 7/14/2026
- Added to Site: 14 day(s) ago
Location
- Area: CHI - Lower West Side
- County: Cook
- Driving Directions: Heading North on S. Ashland Ave, pass W Cermak Road and head two blocks north, turning left to go west down W 21st Street. Driving two blocks west, the building is on the corner of S Wood Street and W 21st Street.
Heating & Cooling
- Heating Type: Individual Furnaces
Utilities
- Trash: 829
Structural Information
- Stories/Levels: 3
- Year Built: 1884
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 25' x 125'
Financial Considerations
- Maint. Fee: $1,500
- Insurance Fee: $3,000
- Operating Expenses: $32,760
- Other Fee: $1,500
- Assessment Year: 1884
- Tax Amount: $16,813.76
- Tax Year: 2024
- Tenant Pays: Electricity, Heat, Hot Water
- Pays Trash: 829
Disclosures and Reports
- Property ID: 17194240010000
Listed by Lease312INC
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Schools
Schools serving 1759 W 21st St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Whittier Elementary School, Chicago, IL 1900 West 23rd Street, Chicago, IL 60608 | K-8 | 0.3 mi |
Juarez Community Academy High School 1450 West Cermak Road, Chicago, IL 60608 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1759 W 21st St
Date
Details
Price
Change
Source
7/07/2026
Listed
$1,395,000
458%
MLS
1/07/2014
Sold
$250,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1759 W 21st St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$16,637
—
$89,438
13%
2023
$16,637
3%
$78,850
—
2022
$16,218
-15%
$78,850
-17%
2021
$19,104
125%
$95,000
150%
2020
$8,482
-3%
$38,074
-13%
2019
$8,751
2%
$43,555
—
2018
$8,604
-6%
$43,555
3%
2017
$9,130
7%
$42,410
—
2016
$8,494
9%
$42,410
—
2015
$7,771
-29%
$42,410
-28%
2014
$10,954
2%
$59,041
—
2013
$10,738
1%
$59,041
—
2012
$10,595
—
$59,041
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1759 W 21st St
1759 W 21st Street, Chicago, IL 60608 (MLS# 12697616) is a Commercial property. 1759 W 21st Street is currently listed for $1,395,000 and was received on July 07, 2026. Want to learn more about 1759 W 21st Street? Do you have questions about finding other Commercial real estate for sale in Lower West Side? You can browse all Lower West Side real estate or contact a Coldwell Banker agent to request more information.

