2221 W 21st St Chicago, IL 60608
Heart of Chicago NeighborhoodEstimated payment $2,554/month
About This Home
Discover a rare investment opportunity in Chicago's vibrant Pilsen neighborhood with this solid brick mixed-use building with central air (new condenser, 2023, and water heater too!). This versatile property is ideal for investors or owner-occupants seeking income-generating or multi-generational living space. The first floor offers a spacious, flexible area featuring a possible gallery, art studio, office or retail space with a working gas fireplace, half bathroom, laundry, and an unfinished basement (very unfinished - dirt floor!). The adjacent apartment has a living/ dining room, a bedroom, kitchen, and a full bathroom - enjoy airy 9.5 foot ceilings, too! The second-floor unit features one bedroom, one full bathroom, skylights, living room, a large kitchen, separate dining room, and in-unit laundry. The property also includes a backyard and a brick two-car garage. Extra touches include bamboo floors in the first floor bedroom and the upstairs dining room, and a custom leaf-design grille on the front door crafted by artist Marco Puente.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,487
Year Built
- Built in 1883
Lot Details
- Lot Dimensions are 25x125
- Paved or Partially Paved Lot
Parking
- 2 Car Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 3 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- 2 Units
Building Details
- Electric Expense $2,000
- Fuel Expense $2,000
- Insurance Expense $2,000
- Trash Expense $500
- Water Sewer Expense $750
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,486 | $27,001 | $11,563 | $15,438 |
| 2023 | $5,348 | $26,000 | $9,375 | $16,625 |
| 2022 | $5,348 | $26,000 | $9,375 | $16,625 |
| 2021 | $5,228 | $26,000 | $9,375 | $16,625 |
| 2020 | $3,492 | $15,676 | $7,343 | $8,333 |
| 2019 | $3,620 | $18,019 | $7,343 | $10,676 |
| 2018 | $3,559 | $18,019 | $7,343 | $10,676 |
| 2017 | $4,690 | $21,785 | $6,406 | $15,379 |
| 2016 | $4,363 | $21,785 | $6,406 | $15,379 |
| 2015 | $3,992 | $21,785 | $6,406 | $15,379 |
| 2014 | $3,317 | $17,876 | $5,625 | $12,251 |
| 2013 | $3,251 | $17,876 | $5,625 | $12,251 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/27/2025 10/27/25 | Price Changed | $399,900 | -2.2% | -- |
| 09/17/2025 09/17/25 | For Sale | $409,000 | 0.0% | -- |
| 09/16/2025 09/16/25 | Price Changed | $409,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $210,000 | Stewart Title Of Illinois | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $37,000 | Attorneys Natl Title Network | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $186,900 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12404867
APN: 17-19-319-016-0000
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