1801 W 21st PL, Chicago, IL 60608
1801 W 21st PL, Chicago, IL 60608
1801 W 21st PL, Chicago, IL 60608
1801 W 21st PL, Chicago, IL 60608
1801 W 21st PL, Chicago, IL 60608
1801 W 21st PL, Chicago, IL 60608
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Sarah Leonard

Sarah Leonard

+1(224) 239-3966
$ 659,900
Est. payment | /mo

7 Beds

4 Baths

Save
$ 659,900
Est. payment | /mo
Save

7 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12644428

Bedrooms 7

Year Built 1873

Annual Tax Amount $15,871

Tax Year 2024

Lot Dimensions 25X125

Property Sub-Type Two to Four Units

Property Description

Rare 4-Unit in the Heart of Pilsen! Exceptional investment opportunity on an approximately 25' x 125' corner lot (per survey) with RT-4 zoning (buyer to verify). Rare opportunity to acquire a legal 3-unit PLUS a separate coach house in one of Chicago's most sought-after investment neighborhoods. Coach house with front door direct access to Wood Street, allowing it to function much like a standalone single-family home. The front building offers a spacious first-floor duplex-down with soaring ceilings and finished lower level, a rear first-floor 2-bedroom with excellent duplex potential, and a bright, sun-filled second-floor 2-bedroom. The coach house features its own private entrance, lofted ceilings, a 2-bedroom/1-bath layout, and a full unfinished basement offering exceptional storage and future expansion potential. Substantially renovated in 2003, the property features separate electric service and HVAC for all four units. Additional improvements include a front building roof replacement (approximately six years ago) and a new furnace and central air system in the coach house (2025). Offered AS-IS, the property is ready for thoughtful updating and presents an outstanding value-add opportunity. Lovely long-term tenants provide stable in-place income while offering significant upside through future renovations, lease optimization, and rent growth. Current Gross Income: $44,280/year ($3,690/month) Current Rent Roll * Unit 1F: 1BR/1BA duplex-down | $1,100/month | Lease through 5/31/27 * Unit 1R: 2BR/1BA | $700/month | Month-to-month * Unit 2F: 2BR/1BA | $690/month | Month-to-month * Coach House: 2BR/1BA | $1,200/month | Month-to-month Three of the four units are month-to-month, providing immediate flexibility to implement a value-add strategy while maintaining current cash flow. Ideally located in the heart of Pilsen, just steps from the vibrant 18th Street corridor featuring neighborhood favorites including 5 Rabanitos, Los Comales, Pizza Nova, and Carniceria Maribel. Conveniently located near the CTA Pink Line, UIC, the Illinois Medical District, and Downtown Chicago. First showings by appointment only July 10, 11 & 12. Buyer to independently verify zoning, legal unit count, redevelopment potential, and all property information.

Location

State IL

County Cook

Area Chi - Lower West Side

Zoning MULTI

Rooms

Basement None

Interior

Heating Natural Gas

Fireplace N

Exterior

Exterior Feature Balcony

Building

Dwelling Type Two to Four Units

Building Description Aluminum Siding,Vinyl Siding,Steel Siding, No

Sewer Public Sewer

Water Public

Structure Type Aluminum Siding,Vinyl Siding,Steel Siding

New Construction false

Schools

Elementary Schools Cooper Elementary School Dual La

High Schools Juarez High School

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Anne Connolly Rief of  @properties Christie's International Real Estate 

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Sarah Leonard
Sarah Leonard

Broker | Owner

+1(224) 239-3966

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1801 W 21st PL