Five-Unit Apartment
For Sale
$1,560,000
1701 W 21st Street, Chicago, IL 60608
MULTI_FAMILY - Chicago, IL
Property SizeContact for details
Days on Market12
Property Features for 1701 W 21st Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
10
Bathrooms
7
Full bathrooms
7
Rooms
Bedroom 1, Bedroom 8, Bedroom 9, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Bathroom 5, Bedroom 7, Bedroom 5, Bathroom 7, Bedroom 10, Bathroom 3, Bathroom 6, Bathroom 4, Basement, Bedroom 6
Basement
Storage Space, Finished, Concrete
Directions
Southwest Corner of 21st St and Paulina St, 1 block west of Ashland Ave.
Subdivision
CHI - Lower West Side
Standard status
Active
APN
17194240220000
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
22653
Utilities
Cooling system
Central Air
Amenities
in-unit washer/dryer
central air conditioning
storage spaces
Building Details
Year built
1883
Floors in Building
2
Number of units
5
Building materials
Brick
Roof type
Rubber
Listing Agency:
Homecoin.com
(888) 400-2513
Listed By:
Jonathan Minerick · License #B.1003079.CORP
(888) 400-2513
Added: Aug 11
Changed: Aug 18
Last Checked: Aug 22 at 5:06PM
MLS# 12730594
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This five-unit brick apartment building was reworked to the studs from 2013 through 2023, with updated building systems, contemporary layouts, and upgraded interior finishes. Apartments include stone or quartz counters, stainless steel appliances, hardwood or engineered flooring, tiled bathrooms, and in-unit laundry. Each unit has its own furnace, central AC, and tank or tankless water heater. A first-floor 1,500-square-foot one-bedroom, one-bath loft is becoming available, while the property includes a full unfinished basement with utility and tenant storage areas.
The corner-lot property is being sold with both 1701 W 21st St and 2102 S Paulina St addresses on one PIN. An attached two-car garage is accessed from the alley. Water service runs in copper to the city main, and gas and electric are separately metered. The building is located in Pilsen with immediate access to public transit. Current operating metrics include a 7.15% cap rate and projected 1.42 DCR.
The corner-lot property is being sold with both 1701 W 21st St and 2102 S Paulina St addresses on one PIN. An attached two-car garage is accessed from the alley. Water service runs in copper to the city main, and gas and electric are separately metered. The building is located in Pilsen with immediate access to public transit. Current operating metrics include a 7.15% cap rate and projected 1.42 DCR.
Key Highlights
- Five‑unit apartment building on a corner lot with both 1701 W 21st St and 2102 S Paulina St addresses on one PIN
- Gut‑rehabilitated to the studs between 2013‑2023 with updated building systems and modern apartment layouts
- Each unit has individual furnaces, central AC, and separate tank or tankless water heaters
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,022
Businesses Nearby
Explore this area
Business Placement
Demographics for 60608, IL
75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Gut-rehabilitated brick property with individual HVAC and separately metered gas and electric serving each apartment.
Where is this apartment building located?
The property is located at 1701 W 21st Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,560,000.
What are key features of this property?
This property features: Five‑unit apartment building on a corner lot with both 1701 W 21st St and 2102 S Paulina St addresses on one PIN; Gut‑rehabilitated to the studs between 2013‑2023 with updated building systems and modern apartment layouts; Each unit has individual furnaces, central AC, and separate tank or tankless water heaters
