1801 W 21st Place, Chicago, IL 60608
Local realty services provided by:ERA Naper Realty
1801 W 21st Place,Chicago, IL 60608
$619,000
- 7 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: anne connolly rief
Office: @properties christie's international real estate
MLS#:12729584
Source:MLSNI
Price summary
- Price:$619,000
About this home
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....
Contact an agent
Home facts
- Year built:1873
- Listing ID #:12729584
- Updated:August 12, 2026 at 02:28 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:21
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1873
- Exterior Features:Balcony
Schools
- High school:Juarez High School
- Elementary school:Cooper Elementary School Dual La
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$619,000
- Tax amount:$15,872 (2024)
New listings near 1801 W 21st Place
$850,000Pending6 beds 4 baths3,000 sq. ft.1400 W Flournoy Street #1, Chicago, IL 60607
MLS# 12688145Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE
$430,000Pending2 beds 2 baths1,200 sq. ft.1555 N Sandburg Terrace #206K, Chicago, IL 60610
MLS# 12690779Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE- New
$549,000Active9 beds 4 baths321 N Long Avenue, Chicago, IL 60644
MLS# 12671706Listed by: BAIRD & WARNER - Open Fri, 5 to 7pmNew
$235,000Active1 beds 1 baths555 W Cornelia Avenue #2012, Chicago, IL 60657
MLS# 12691171Listed by: BAIRD & WARNER - New
$849,900Active4 beds 2 baths3,100 sq. ft.4454 N Kostner Avenue, Chicago, IL 60630
MLS# 12700871Listed by: REDFIN CORPORATION - New
$529,900Active6 beds 3 baths6033 N Harlem Avenue, Chicago, IL 60631
MLS# 12720544Listed by: BAIRD & WARNER - Open Sat, 11am to 1pmNew
$775,000Active2 beds 2 baths1,500 sq. ft.1051 W Monroe Street #4, Chicago, IL 60607
MLS# 12722206Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - Open Sun, 1 to 3pmNew
$599,900Active2 beds 2 baths1,335 sq. ft.1439 S Michigan Avenue #108, Chicago, IL 60605
MLS# 12724137Listed by: KELLER WILLIAMS SUCCESS REALTY - New
$1,100,000Active3 beds 2 baths1,600 sq. ft.843 W Buckingham Place #4E, Chicago, IL 60657
MLS# 12725199Listed by: ENGEL & VOELKERS CHICAGO - New
$1,185,000Active3 beds 3 baths1510 N Dearborn Parkway N #102, Chicago, IL 60610
MLS# 12725870Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE