$1,095,000
1801 W 21st Street
Chicago, IL, 60608
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
Property Details
Price:
$1,095,000
MLS #:
MRD12697652
Status:
Active
Beds:
5
Baths:
2
Type:
Commercial
Neighborhood:
chilowerwestside
Listed Date:
Jul 7, 2026
Year Built:
1884
Schools
Interior
Exterior
Stories
2
Financial
Tax Year
2024
Taxes
$16,675
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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Current real estate data for Commercial in Chicago as of Jul 10, 2026
913
Commercial Listed
182
Avg DOM
$1,007,314
Avg List Price
Community
- Address1801 W 21st Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60608
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Property Summary
- 1801 W 21st Street Chicago IL is a Commercial for sale in Chicago, IL, 60608. It is listed for $1,095,000 To schedule a showing of MLS#mrd12697652 at 1801 W 21st Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
1801 W 21st Street
Chicago, IL
