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$1,095,000

  • For Sale
  • Active
  • Commercial
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5-unit multifamily investment opportunity in Chicago's historic Pilsen neighborhood! The property features four 2BR/1BA units and an incredibly spacious, detached rear Coach House (3BR/1BA) - offering a high-demand mix with strong rental upside. Interiors feature updated finishes and classic wood flooring throughout. Units have central heat and shared laundry. Laundry is shared in the basement. Highly desired 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. Current revenue is 107K and market revenue is ~115k. Buy at a 10x GRM and stabilize at a 9.5x GRM or ~7 per cent Cap Rate

Full Property Details for 1801 W 21st St

General

  • Price: $1,095,000
  • Taxes: $16,675 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12697652
  • Updated: 7/14/2026
  • Added to Site: 24 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: Gas

Structural Information

  • Stories/Levels: 2
  • Year Built: 1884
  • Built Before 1978: Yes

Lot Features

  • Lot Dimensions: 25' x 125'

Financial Considerations

  • Assessment Year: 1884
  • Tax Amount: $16,675.39
  • Tax Year: 2024
  • Tenant Pays: Electricity, Heat, Sewer

Disclosures and Reports

  • Property ID: 17194230240000

Listed by Lease312INC

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— 1801 W 21st St —

  • Lease312INC

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NMLS#: 1598647

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1801 W 21st St

School District:Chicago Public School District 299
NameGradesDistance
Whittier Elementary School, Chicago, IL
1900 West 23rd Street, Chicago, IL 60608
K-80.3 mi
Juarez Community Academy High School
1450 West Cermak Road, Chicago, IL 60608
9-120.4 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 1801 W 21st St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/07/2026
Listed
$1,095,000
711.11%
MLS
9/30/2013
Sold
$135,000
—
Public Record
Get Price Alerts and Save Property
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 for 1801 W 21st St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$16,246
—
$75,806
-2%
2023
$16,246
3%
$77,000
—
2022
$15,838
2%
$77,000
—
2021
$15,484
118%
$77,000
141%
2020
$7,112
-12%
$31,927
-20%
2019
$8,043
2%
$40,031
—
2018
$7,907
-7%
$40,031
2%
2017
$8,475
7%
$39,371
—
2016
$7,886
7%
$39,371
-2%
2015
$7,372
23%
$40,229
25%
2014
$5,994
2%
$32,308
—
2013
$5,876
-7%
$32,308
-9%
2012
$6,345
—
$35,358
—
View All
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 for 1801 W 21st St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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1801 W 21st Street, Chicago, IL 60608 (MLS# 12697652) is a Commercial property. 1801 W 21st Street is currently listed for $1,095,000 and was received on July 07, 2026. Want to learn more about 1801 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.

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